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Monthly Rent
$2,250
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Bedrooms
5 bd
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Bathrooms
2 ba
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Square Feet
Details
Discover Homeownership
Renting vs. Buying
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Housing Cost Per Month: $2,250
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Rent for 30 YearsRenting doesn't build equity Future EquityRenting isn't tax deductible Mortgage Interest Tax Deduction$0 Net Return
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Buy Over 30 Years$869K - $1.55M Future Equity$402K Mortgage Interest Tax Deduction$59K - $737K Gain Net Return
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Largely due to its relative isolation from other major metropolitan areas, Sioux Falls has developed thriving local culture with robust shopping, dining, and entertainment scenes, delivering homegrown cultural resources that would be the envy of any city its size. The local rental market offers a diverse range of options -- the historic homes and apartment buildings of the City Center are popular among young professionals seeking to participate in the thriving downtown community, while the quiet suburban environment of the Shindler neighborhood tends to attract folks seeking a tranquil home life. No matter where they live, all residents enjoy the benefits of an exceptionally low crime rate, which sits at roughly half the national average.
Learn more about living in Sioux FallsColleges & Universities | Distance | ||
---|---|---|---|
Colleges & Universities | Distance | ||
Drive: | 2 min | 1.1 mi | |
Drive: | 9 min | 4.1 mi |
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources