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Rapid Valley vs Sioux Falls: Housing

Rapid ValleySioux Falls
Median Home Value$255,500$292,400
Median Gross Rent$1,174/mo$1,035/mo
Homeownership Rate92.3%59.5%
Rent as Share of Income16.9%16.3%

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.