Sioux Falls vs Rapid City: Housing
| Sioux Falls | Rapid City | |
|---|---|---|
| Median Home Value | $292,400 | $299,400 |
| Median Gross Rent | $1,035/mo | $1,109/mo |
| Homeownership Rate | 59.5% | 62.9% |
| Rent as Share of Income | 16.3% | 18.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.