Study ranks Sioux Falls as best city for renters

SIOUX FALLS, S.D. (KELO.com) — A new study says Sioux Falls is the best city in the nation for renters.

To help prospective renters get the most bang for their buck, WalletHub compared more than 180 U.S. cities based on 22 key indicators of rental attractiveness and quality of life. The data set ranges from historical rental-price changes to the cost of living to job availability.

Here are WalletHub’s rankings for Sioux Falls:

Renting a Home in Sioux Falls (1=Best; 91=Avg.):

• 5^th – Rental Affordability
• 77^th – Rent-to-Price Ratio
• 25^th – Cost of Living
• 78^th – Safety
• 4^th – Severely Cost-Burdened Renter Households
• 37^th – Job Market
• 89^th – % of Residents Who Are Fully Vaccinated

Other regional cities ranking highly were: Cedar Rapids, Iowa 2nd, Fargo 4th, Lincoln 5th, Bismarck 6th, Omaha 11th, and Des Moines 16th.

For the full report, visit: https://wallethub.com/edu/best-cities-for-renters/23010