Minnehaha County, SD at a glance
Median household income
$76,880$6,407 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Minnehaha County, SD?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Minnehaha County, SD? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Sioux Falls, SD HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $865 | $10,380 | $34,600 | 13.5% |
| 1-Bedroom Apartment | $986 | $11,832 | $39,440 | 15.4% |
| 2-Bedroom ApartmentBenchmark | $1,156 | $13,872 | $46,240 | 18% |
| 3-Bedroom Home | $1,586 | $19,032 | $63,440 | 24.8% |
| 4-Bedroom Home | $1,939 | $23,268 | $77,560 | 30.3% |
Rent in Minnehaha County, SD, with the wage each unit needs →
What a typical income covers in Minnehaha County, SD
The 50/30/20 rule applied to the local median of $76,880 a year ($6,407 a month before tax).
What $76,880 leaves after South Dakota taxes
Federal income tax, Social Security, Medicare and South Dakota tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in South Dakota
Living in Minnehaha County, SD: common questions
What is the median household income in Minnehaha County, SD?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Minnehaha County, SD is $76,880 per year (approximately $6,407 per month).
What is the average rent in Minnehaha County, SD?
The closest official figure is HUD's Fair Market Rent for 2026: $865 for a studio, $986 for one bedroom, $1,156 for two, $1,586 for three and $1,939 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Minnehaha County, SD expensive to live in?
Prices there run 9.4% below the U.S. average. BEA's regional price parity for the metro area is 90.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Minnehaha County, SD?
To keep a $1,156 two-bedroom under 30% of gross income, a household needs about $46,240 a year, or $3,853 a month. That is 60% of what the typical household in Minnehaha County, SD earns.
How much do you need to live comfortably in Minnehaha County, SD?
On the local median income of $76,880 ($6,407 a month before tax), the 50/30/20 rule leaves $3,203 a month for needs like rent, utilities and groceries, $1,922 for everything else and $1,281 for savings or debt. A two-bedroom at $1,156 takes 36% of the needs share.
How much is the electric bill in Minnehaha County, SD?
Homes in South Dakota paid 15.4¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $138. Your bill depends mostly on heating and cooling.