Southeast Sioux Falls, SD · Sioux Falls metro

September 2026

57103,57108

Long-term Rental Rates

Long-term rental rates for Southeast Sioux Falls (57103,57108), in the Sioux Falls metro area, as of September 2026.

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $910 – $986 0.54% -0.07%
2-Bedroom $1,167 – $1,264 3.70% 4.55%
3-Bedroom $1,433 – $1,584 -10.02% -2.73%
4-Bedroom $2,075 – $2,190 0.24% 6.87%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,030 – $1,061 -0.40% -0.38%
2-Bedroom $1,231 – $1,286 3.34% 3.37%
3-Bedroom $1,661 – $1,770 3.42% 3.50%
4-Bedroom $2,081 – $2,232 0.80% 6.20%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,074 – $1,122 2.15% 5.63%
2-Bedroom $1,197 – $1,233 -2.03% 0.92%
3-Bedroom $1,730 – $1,874 3.02% 2.53%
4-Bedroom $2,142 – $2,297 11.54% 7.82%
Data updated: October 19, 2026
Southeast Sioux Falls Rental Trends · Sioux Falls metro

In the Southeast Sioux Falls (57103, 57108) rental market, larger apartments are pushing higher, with 4-bedroom units at $2,097 after a 2.03% monthly increase and 6.62% annual growth. By contrast, 3-bedroom apartments command $1,685 but slipped 0.80% month over month, even as they posted a stronger 7.59% year-over-year gain.

Two-bedroom condo/townhome units at $1,180 declined 3.12% month over month and 1.07% year over year, making them one of the few segments with annual rent contraction in Southeast Sioux Falls (57103, 57108). In the same property type, 4-bedroom units reached $2,120 with a 1.30% monthly increase and a 6.38% annual rise, highlighting a clear premium for more space.

Among detached homes, 1-bedroom single-family units climbed to $1,093 with a 1.72% monthly rise and the highest annual increase in that category at 6.99%, while 3-bedroom homes sit at $1,721 after a 0.50% monthly slip and 1.32% yearly growth; together these shifts shape Southeast Sioux Falls (57103, 57108) rental trends for small investors.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $948 $1,215 $1,508 $2,116
August 2026 $974 $1,235 $1,683 $2,111
July 2026 $921 $1,178 $1,685 $2,097
June 2026 $931 $1,159 $1,686 $2,053
May 2026 $940 $1,174 $1,678 $2,060
April 2026 $911 $1,133 $1,724 $2,062
March 2026 $926 $1,120 $1,626 $2,059
February 2026 $991 $1,129 $1,606 $2,040
January 2026 $970 $1,152 $1,548 $2,025
December 2025 $943 $1,119 $1,549 $2,013
November 2025 $954 $1,141 $1,551 $2,006
October 2025 $936 $1,111 $1,554 $1,993

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $1,045 $1,258 $1,716 $2,156
August 2026 $1,049 $1,214 $1,678 $2,141
July 2026 $1,070 $1,180 $1,661 $2,120
June 2026 $1,070 $1,180 $1,709 $2,093
May 2026 $1,054 $1,243 $1,655 $2,066
April 2026 $1,108 $1,252 $1,712 $2,048
March 2026 $1,119 $1,252 $1,710 $2,041
February 2026 $1,074 $1,214 $1,685 $2,043
January 2026 $1,071 $1,244 $1,656 $2,034
December 2025 $1,066 $1,207 $1,653 $2,042
November 2025 $1,054 $1,221 $1,671 $2,048
October 2025 $1,056 $1,231 $1,675 $2,044

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $1,098 $1,215 $1,802 $2,219
August 2026 $1,077 $1,247 $1,723 $1,998
July 2026 $1,093 $1,275 $1,721 $2,197
June 2026 $1,074 $1,253 $1,732 $2,191
May 2026 $1,060 $1,207 $1,737 $2,201
April 2026 $1,051 $1,180 $1,780 $2,168
March 2026 $1,048 $1,179 $1,771 $2,144
February 2026 $1,050 $1,235 $1,730 $2,072
January 2026 $1,041 $1,224 $1,728 $2,065
December 2025 $1,048 $1,229 $1,733 $2,057
November 2025 $1,049 $1,228 $1,756 $2,060
October 2025 $1,045 $1,221 $1,751 $2,071