Most Affordable Neighborhoods in Sioux Falls - 2026 Data
The median home value in Sioux Falls is $250,000, 11% below nat'l avg. Median rent is $739/month. With an affordability index of 47, Sioux Falls is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Sioux Falls, SD area.
Key Takeaways: Affordability in Sioux Falls
- 1The most affordable neighborhood in Sioux Falls is Huron, with a median home value of $133,600.
- 2Sioux Falls's median home value is $250,000, 11% below nat'l avg (national: $281,900).
- 3Sioux Falls's affordability index is 47 (baseline 100), making it less affordable than the national average.
- 4Median rent in Sioux Falls is $739/month, 36% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Sioux Falls to find the most affordable areas based on home values, rent, and affordability index.
Sioux Falls Affordability Overview
Median Home Value
$250,000
11% below nat'l avg
Median Rent
$739/mo
36% below nat'l avg
Median Income
$60,480
19% below nat'l avg
Affordability Index
47
53% below nat'l avg
Most Affordable Neighborhoods in Sioux Falls (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | HuronSD | $133,600 |
| 2 | VermillionSD | $192,400 |
| 3 | BrookingsSD | $222,100 |
| 4 | SpearfishSD | $271,400 |
| 5 | WatertownSD | $198,100 |
| 6 | MitchellSD | $168,400 |
| 7 | Box ElderSD | $264,600 |
| 8 | AberdeenSD | $192,200 |
| 9 | YanktonSD | $191,400 |
| 10 | BrandonSD | $304,700 |
| 11 | PierreSD | $216,700 |
| 12 | RapidSD | $240,000 |
| 13 | TeaSD | $268,500 |
| 14 | Dell RapidsSD | $256,900 |
| 15 | Fort PierreSD | $166,900 |