Mid-term rental data

Sioux Falls, SD mid-term rental market data

We track 225–475 active furnished monthly (30+ night) rental listings in Sioux Falls, SD. The rent range is $1,200–$2,300. Sign in to view the real market rent and listing count. Data updated July 2026.

Pricing by bedroom

AMR and listing counts per unit type in Sioux Falls, SD.

Who lives in Sioux Falls, SD

U.S. Census demographics behind monthly demand.

Population
204,353
Median income
$77,707
Median age
35
Renter-occupied
39%
Median home value
$280,466

Local economy

BLS employment for Minnehaha County.

Unemployment
2.4%

See the full picture with Pro

Comparables, demand drivers, rent trends, seasonality, regulations, and deal underwriting for Sioux Falls, SD.

Real 30+ night comparables

Every active 30+ night marketplace listing in Sioux Falls, SD, with photos and asking rents.

Demand drivers & deal underwriting

Hospitals, universities, and employers driving MTR demand in Sioux Falls, SD, plus cap rate, cash-on-cash, and DSCR on any property.

Rent trends

Month-over-month AMR for Sioux Falls, SD, so you can see where pricing is heading.

Seasonality

Which months book strongest in Sioux Falls, SD. Plan pricing and turnovers around real demand.

Local regulations

Whether 30+ night rentals are allowed in Sioux Falls, SD, short-term-rental rules, and HOA / zoning caveats to check before you buy.

Market opportunities

AI-surfaced opportunities and risks for Sioux Falls, SD: underserved unit types, demand spikes, and where supply is thin.

Mid-term rentals in Sioux Falls, SD: FAQ

What is the rent range for a furnished monthly rental in Sioux Falls, SD?
The rent range for a furnished 30+ night rental in Sioux Falls, SD is $1,200–$2,300. Sign in to view the real market rent. The listing range is 225–475 active 30+ night listings as of July 2026.
How many furnished monthly rentals are there in Sioux Falls, SD?
The listing range for active 30+ night rentals in Sioux Falls, SD is 225–475 as of July 2026. Sign in to view the real listing count.
Are mid-term rentals legal in Sioux Falls, SD?
Rules are set locally. Most U.S. cities regulate short-term rentals (stays under 30 nights) and treat furnished stays of 30+ nights as ordinary tenancies, but some cities draw the line at a different length or limit furnished rentals in certain zones. Check Sioux Falls, SD's current ordinance, plus HOA, lease, and zoning rules, before you buy or list.

Sources and methodology

The rent range and listing range come from active furnished monthly (30+ night) marketplace listings tracked by MTR Analytics as of July 2026. Sign in to view the real market rent and listing count. The real rent is the average asking monthly rent over up to the 12 most recent complete months. Demographics are U.S. Census Bureau ACS 5-year estimates. Employment is U.S. Bureau of Labor Statistics data for Minnehaha County. How these numbers are built.

Cite this page: MTR Analytics, “Sioux Falls, SD mid-term rental market data,” July 2026, https://mtranalytics.com/mid-term-rental-data/south-dakota/sioux-falls.

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