Sioux Falls ranked second-most affordable city for rent in U.S.
- May 4, 2026
Sioux Falls, S.D., has been ranked the second-most affordable city for rent in the U.S. by WalletHub!
Their ranking examined the median annual gross rent in comparison to the median household income for each city. For Sioux Falls, WalletHub found that 16.4 percent of median income is spent on rent.
“In the most affordable cities for renters, the median cost of rent is as low as 15% of the median income, compared to nearly 34% in the most expensive cities,” said Chip Lupo, WalletHub Writer and Analyst, in the article releasing the findings. “This gives people in the least expensive cities a clear financial advantage; the money they save on rent could go toward their emergency fund or savings for future home ownership.”
To see how other cities compared, view the map below or click the ‘learn more’ button to see the full ranking.
