Rental numbers for the Sioux Falls, SD metro
The typical home here runs -$1,463 a month at 7.78% with 25% down. 0 of 10 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.3%.
- Gross yield
- 4.5%
- typical home, Zillow
- Median ZIP yield
- 4.3%
- 10 ZIPs with full data
- Cash flow
- -$1,463/mo
- at 7.78%, 25% down
- Typical price
- $340,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,289/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
36 with published figures
| 57104Sioux Falls | $223,000 | $1,287 | 6.9% | 3.1% | -$628 | +3.8% |
| 57103Sioux Falls | $289,000 | $1,442 | 6.0% | 2.4% | -$974 | +5.1% |
| 57012Canistota | $302,000 | $1,420* | 5.7% | 1.6% | -$1,233 | n/a |
| 57036Hurley | $304,000 | $1,400* | 5.5% | 2.2% | -$1,084 | n/a |
| 57058Salem | $257,000 | $1,100* | 5.1% | 1.8% | -$1,000 | n/a |
| 57105Sioux Falls | $287,000 | $1,205 | 5.0% | 1.6% | -$1,160 | +2.1% |
| 57319Bridgewater | $236,000 | $990* | 5.0% | 1.5% | -$982 | n/a |
| 57077Worthing | $304,000 | $1,230* | 4.9% | 1.5% | -$1,264 | n/a |
| 57107Sioux Falls | $328,000 | $1,267 | 4.6% | 1.4% | -$1,387 | n/a |
| 57374Spencer | $267,000 | $1,010* | 4.5% | 1.4% | -$1,139 | n/a |
| 57106Sioux Falls | $334,000 | $1,236 | 4.4% | 1.1% | -$1,482 | +4.1% |
| 57029Freeman | $256,000 | $930* | 4.4% | 0.9% | -$1,178 | n/a |
| 57070Viborg | $260,000 | $930* | 4.3% | 0.9% | -$1,216 | n/a |
| 57005Brandon | $395,000 | $1,394 | 4.2% | 1.1% | -$1,780 | n/a |
| 57032Harrisburg | $364,000 | $1,272 | 4.2% | 1.0% | -$1,664 | +7.9% |
| 57020Crooks | $374,000 | $1,300* | 4.2% | 1.1% | -$1,669 | n/a |
| 57068Valley Springs | $354,000 | $1,220* | 4.1% | 1.1% | -$1,599 | n/a |
| 57003Baltic | $367,000 | $1,200* | 3.9% | 0.7% | -$1,762 | n/a |
| 57043Marion | $292,000 | $950* | 3.9% | 0.9% | -$1,366 | n/a |
| 57053Parker | $342,000 | $1,110* | 3.9% | 1.0% | -$1,564 | n/a |
| 57064Tea | $390,000 | $1,266 | 3.9% | 0.8% | -$1,856 | n/a |
| 57039Lennox | $329,000 | $1,060* | 3.9% | 0.8% | -$1,551 | n/a |
| 57021Davis | $354,000 | $1,130* | 3.8% | 0.8% | -$1,667 | n/a |
| 57014Centerville | $297,000 | $930* | 3.8% | 0.7% | -$1,425 | n/a |
| 57108Sioux Falls | $436,000 | $1,364 | 3.8% | 0.6% | -$2,140 | +4.7% |
| 57110Sioux Falls | $430,000 | $1,332 | 3.7% | 0.7% | -$2,065 | +2.6% |
| 57004Beresford | $328,000 | $1,010* | 3.7% | 0.8% | -$1,553 | n/a |
| 57013Canton | $302,000 | $930* | 3.7% | 0.4% | -$1,530 | n/a |
| 57018Colton | $311,000 | $930* | 3.6% | 0.6% | -$1,533 | n/a |
| 57022Dell Rapids | $374,000 | $1,090* | 3.5% | 0.3% | -$1,909 | n/a |
| 57035Humboldt | $335,000 | $930* | 3.3% | 0.1% | -$1,793 | n/a |
| 57033Hartford | $409,000 | $1,100* | 3.2% | 0.1% | -$2,188 | n/a |
| 57030Beaver Creek | $395,000 | $970* | 2.9% | 0.1% | -$2,093 | n/a |
| 57048Montrose | $381,000 | $930* | 2.9% | 0.3% | -$1,973 | n/a |
| 57055Renner | $511,000 | $1,150* | 2.7% | 0.1% | -$2,717 | n/a |
| 57015Chancellor | $414,000 | $930* | 2.7% | -0.1% | -$2,265 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.3%
- Rent, 12 months
- +4.0%
- Rent minus price growth
- +2.7 pts
- Property tax
- 1.09%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $276,248 | $1,038 |
| Aug 2022 | $316,097 | $1,187 |
| Aug 2023 | $321,589 | $1,214 |
| Aug 2024 | $329,675 | $1,235 |
| Aug 2025 | $336,287 | $1,240 |
| Aug 2026 | $340,496 | $1,289 |
Counties
- Minnehaha County, SD4.6% median yield
- Lincoln County, SD3.9% median yield
- McCook County, SDn/a median yield
- Turner County, SDn/a median yield
- Hutchinson County, SDn/a median yield
Tools
Test a listing in the Sioux Falls, SD area against today's rate.
Open the calculatorQuestions
- Is the Sioux Falls, SD metro good for rental property?
- The typical home here runs -$1,463 a month at 7.78% with 25% down. 0 of 10 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.3%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Sioux Falls, SD metro have the highest rental yield?
- 57104 (Sioux Falls) at 6.9%, 57103 (Sioux Falls) at 6.0%, 57105 (Sioux Falls) at 5.0%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.