Sioux City, IA Rental Market
Sioux City is a tri-state regional hub at the junction of Iowa, Nebraska, and South Dakota, anchored by meatpacking and food processing (IBP/Tyson Foods, Tyson, and Smithfield), regional healthcare (UnityPoint Health), and the Missouri River port economy. Morningside University adds a modest student demand segment. Very low home values and consistent industrial employment create reliable cash-flow opportunities for value-focused investors.
Get a rent estimate for an address in Sioux CityAverage Rent in Sioux City, IA
$870
per month · 2026-06
Market Score
Key Facts — Sioux City, IA Rental Market
- Average rent in Sioux City, IA:$870/mo
- Median rent:$800/mo
- Rent range:$450 – $1,900/mo
- Most common rental (2 bedrooms):$775/mo
- Active listings:320
- Avg days to lease:38 days
- Year-over-year change:+2.2%
- Median home value:$145,000
- Est. gross annual yield:7.2%
- Data as of:2026-06
Rent by Bedroom in Sioux City, IA
Average monthly rent for each bedroom type based on current active listings in Sioux City.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $625/mo |
2 Bedrooms | $775/mo |
3 Bedrooms | $975/mo |
4 Bedrooms | $1,200/mo |
5 Bedrooms | $1,375/mo |
Sioux City Rental Market Statistics
Key indicators from the current Sioux City, IA rental market.
320
Available now in Sioux City
38
From list to lease
$0.73
Average across listings
1,200 sq ft
Typical rental size
$450 – $1,900
Min to max active listings
+2.2%
Avg rent vs. prior year
Investing in Sioux City, IA Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$145,000
Typical purchase price in Sioux City
Est. Gross Annual Yield
7.2%
Before expenses & vacancy
Avg Monthly Income
$870
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Sioux City for a full cash-flow breakdown including all costs.
Sioux City, IA Rental Market FAQ
Common questions about renting and investing in Sioux City, IA.
What is the average rent in Sioux City, IA?
The average rent in Sioux City, IA is $870 per month as of 2026. One-bedroom apartments average $625/mo, two-bedrooms $775/mo, and three-bedroom homes $975/mo — among the most affordable rents in Iowa and the broader Midwest.
Is Sioux City, IA a good place to invest in rental property?
Sioux City offers a 7.2% estimated gross annual yield with very low acquisition costs (~$145,000 median). The meatpacking and food processing industry, UnityPoint Health, and the tri-state regional service economy provide stable employment-anchored demand. Best suited for patient, cash-flow-focused investors in a smaller market.
How competitive is the Sioux City, IA rental market?
Sioux City averages 38 days on market with approximately 320 active listings. The market is less competitive than Des Moines or Iowa City, with tenants having more choice and landlords needing to price carefully to minimize vacancy. Properties near UnityPoint Health and downtown tend to lease faster.
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