Sioux Falls, SD

Metro area in South Dakota · Updated Jan 2026

12-Month Forecast ↑ +1.7%

Median Home Value

$329,005

↑ +1.3%

Year-over-year

Median Rent

$1,234/mo

↑ +2.3%

Year-over-year

Rental Yield

4.5%

Good for investors

5-Year Appreciation

+35.5%

Income Needed to Buy

$90,011

20% down, 30% DTI max

Active Listings

1,124

For-sale inventory

Price-to-Rent Ratio

22.2

Favors renting

Price Forecast

1 Month

↑ +0.4%

3 Months

↑ +1.0%

12 Months

↑ +1.7%

5-Year Price Trend

Calculate your mortgage for Sioux Falls, SD

See monthly payments for a $329,005 home →

Should you rent or buy in Sioux Falls, SD?

Price-to-rent ratio: 22.2x — Renting may be smarter. Run a full breakeven analysis with Sioux Falls, SD numbers pre-filled →

Frequently Asked Questions