Sioux Falls, SD
Housing in Sioux Falls, SD: Rent, Home Prices & Property Tax
$982/mo (1 bd) in Sioux Falls. Median home $274,800. Property tax 1.17%.
- Rent (1 bd)
- $982
- /mo
- Buy
- $1,909
- Mortgage, tax, insurance
- Buying costs more
- $927
- /mo
To buy
- 20% down payment$54,960
- Mortgage at 6.5%$1,390
- Property tax (1.17% of value)$268/mo · $3,215/yr
- Insurance and upkeep$252
- Monthly total$1,909
36.9% of renters spend 30% or more of income on rent. Census ACS 2023.
Months to 20% down
$2,973 left each month. About 19 months (1.6 years) to save $54,960.
Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.
Take-home by job in Sioux Falls
- Registered nurse
- Software developer
- Elementary school teacher
- High school teacher
- Accountant / auditor
- Truck driver (heavy)
- Electrician
- Civil engineer
- Lawyer
- Police officer
- Financial analyst
- Pharmacist
- Product / project manager
- Physical therapist
- Nurse practitioner
- Physician
- Construction manager
- Data scientist
- Firefighter
- Mechanical engineer