Safe Rate Local
Learn about the people, housing, costs and businesses in Sioux Falls, South Dakota
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Sioux Falls.
True all-in cost — P&I, taxes, insurance & utilities for homes in Sioux Falls.
Find and compare lenders active near Sioux Falls.
FEMA flood zones and flood insurance estimates for Sioux Falls.
Seismic risk and earthquake insurance estimates for Sioux Falls.
Wildfire exposure and insurance estimates for Sioux Falls.
As of today, the 30-year fixed mortgage rate for Sioux Falls is approximately 6.913% (6.962% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for Sioux FallsThe median home value in Sioux Falls is $303k. The median monthly rent is $1,041. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Sioux Falls have increased 10.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,161/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sioux Falls is $80k/year.
Calculate your buying powerThe largest employment sectors in Sioux Falls are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.