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Market Intelligence Sioux Falls, SD

Comp-rich · 22 tracked

Self-storage market in Sioux Falls, SD — July 2026

Based on the 22 facilities we track in Sioux Falls — a sample of Sioux Falls’s market, not every facility.

As of July 2026 · data via OpenStreetMap + Foursquare

Market tightness

Balanced

Aggregate demand signal — not a facility occupancy figure.

Running a move-in promo

9%

Median rate by size

5×5

$60/mo

~22% above US ($49/mo)

typical $49/mo–$78/mo

5×10

$65/mo

in line w/ US ($65/mo)

typical $47/mo–$79/mo

10×10

$92/mo

~3% below US ($95/mo)

typical $74/mo–$114/mo

10×20

$113/mo

~18% below US ($137/mo)

typical $98/mo–$124/mo

The bigger picture

Sioux Falls, SD-MN — market supply & demand

Sioux Falls, SD-MN tracks the US norm on storage supply — about 36.2 facilities per 100k people vs the 32.3 national median.

A metro of 293K residents and 119K households — the demand base behind the per-100k figure.

Supply: our registry · as of 2026-06

Demand trend

Population up ~9% since 2020 — a growing metro.

Net in-migration of ~20,000 residents since 2020.

Population trends historically correlate with storage demand — not a forecast. Census PEP, 2025 vintage.

Market context

Median household income

$81,418

Median gross rent

$987/mo

Renter share

67%

Census 2023 ACS 5-yr · demand context — these historically correlate with storage demand, not a forecast.

See your facility’s position in Sioux Falls

Get a free report on your rates, the move-in promos around you, and how tight your market is — measured against the 22 facilities we track in Sioux Falls.

Data & methodology

Aggregate analysis of publicly available self-storage facility data in Sioux Falls, SD, as of July 2026. Facility data © OpenStreetMap contributors (ODbL) and Foursquare. Rates reflect published street rates; individual facility pricing varies. Figures describe the 22 facilities in our dataset for this metro — a sample skewed toward facilities on certain software platforms, not a complete census of the market.