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Rapid City vs Sioux Falls: Housing

Rapid CitySioux Falls
Median Home Value$299,400$292,400
Median Gross Rent$1,109/mo$1,035/mo
Homeownership Rate62.9%59.5%
Rent as Share of Income18.8%16.3%

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.