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   Housing

Housing

The options are numerous for individuals and families relocating to the Sioux Falls area- city, suburban, or country; vintage, new, or established; house, apartment, or condo. The market continues to surge, which is good news for prospective home buyers. According to 2004 second quarter statistics from the Sioux Falls Board of Realtors, the median home price in Sioux Falls is $141,2520 - more affordable than many other midwestern cities with similar economies. Whether you choose downtown, out of town, or a new or established neighborhood, you'll find subdivisions and neighborhoods with prices ranging from modest to executive level, all in good school districts and close to amenities such as shopping and recreation. From bungalows to homes suitable for the largest of families, Sioux Falls has housing to meet any requirement.


Average Monthly Rent
Efficiency $325-$450
One-bedroom $375-$550
Two-bedroom $475-$800
Three-bedroom $620-$850
Source: Rental Connection, 2004