Build, buy or rent. You won’t find a housing shortage in Sioux Falls. Downtown lofts, luxury apartments, gated communities, town homes, twin homes, condos or buy your own home… the choice is yours!

Sioux Falls has more than enough options when it comes to great rentals. From apartments to duplexes you can find a size, style and neighborhood that work for you and your budget.

Ready to buy? What makes the Sioux Falls housing market unique is the wide range of styles and neighborhoods. You’ll find retro lofts and restored Victorian mansions along hilly, cobblestone streets. You can also find cozy homes along tree-lined boulevards and modern day designs in happening new developments. Want a great fixer upper? You’ll find that here too.


Make your move to Sioux Falls. Learn more about our neighborhoods and get connected to what’s available.

Residential Housing Costs
Median Home Price 

4th Qtr 2007 - $144,500 
Source: www.realtor.org

Monthly Apartment Rent
Type of Apartment - Range
1 Bedroom $450 - $700
2 Bedroom $550 - $900
3 Bedroom $600 - $1,100
Source: Rental Connection


Current home listings:
sdhousingsearch.com Sponsored by South Dakota Housing Development Authority.
realestate.com Provided by the Sioux Falls Argus Leader. This site offers housing searches, community information, virtual tours, realtor & financing information.

First-time Home Buyer resources can be found at siouxfalls.com
Many rental properties are featured on...

rentersguides.com

apartments.com

siouxfallsrental.com

To make sure you get the best deal while apartment or house hunting in the Sioux Falls area, here are some quick and useful tips.
         

·      First Time Home Buyers -- start saving extra money now. Depending on the type of mortgage insurance, you’re required to put somewhere between 3% and 20% down with the First Time Home Buyers Loan.

·      Make sure your credit history is as clean as possible. Fix any problems you discover because it will simplify buying a home or renting an apartment.

·      Only look to buy a house that runs about two-and-one-half times your annual salary, or rent an apartment that's no more than 25% of your income.

·      Use one of the many calculators found online to understand how your income, debt and income will affect what you can afford for housing.

·      Learn about your potential neighborhood. Visit the area at different times of the day and on weekends. You’ll get a good feel for activity levels, traffic and otherissues that’ll affect your living situation.

·      If you decide to rent, review and understand your lease. Make sure youfully grasp things like security deposit refunds, which utilities are covered by rent and the length of time before the first rent increase.