Average Rent in Sioux City, IA↑ Rents rising 3.3% YoY🔺 7th priciest in IA

Sioux City, IA has rental prices ranging from $715/month to $1,383/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $818/month — 42% below the national average of $1,400/month. With a median household income of $72,027/year, spending $818/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Sioux City Compares

With an average 2-bedroom rent of $1,043/month, Sioux City ranks #7 most expensive of the 94 cities tracked in Iowa — pricier than 70% of all US cities in our data.

The Sioux City Rental Market

The Sioux City, IA area has a population of about 144,007 and 32% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Sioux City, IA have risen by $33/month (3.3%) over the past year, from $1,010 to $1,043. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Sioux City, IA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,720. The local median household income of $72,027 exceeds that threshold by $39,307, making Sioux City relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Sioux City, IA is $201,373, giving a price-to-rent ratio of 16.1. With a break-even horizon of approximately 16 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Is Sioux City, IA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Sioux City?

Break-even analysis and mortgage estimates based on local market data.

Living in Sioux City

Cost of living, job market, crime rates, and moving cost estimates.