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Rent Inflation in Sioux City, IA

The average asking rent in Sioux City, IA is $1,317/month as of 2026-08. That is +3.1% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,317/mo

as of 2026-08

Year-over-Year Change

+3.1%

24-Month Rent Trend

Monthly ZORI index values for Sioux City, IA.

MonthAvg Asking RentChange from Prior Month
2026-08$1,317+0.84%
2026-07$1,306+0.85%
2026-06$1,295+0.00%
2026-05$1,295-1.52%
2026-04$1,315-0.30%
2026-03$1,319+0.76%
2026-02$1,309+1.79%
2026-01$1,286-0.77%
2025-12$1,296-0.15%
2025-11$1,298+0.39%
2025-10$1,293+1.89%
2025-09$1,269-0.63%
2025-08$1,277-0.31%
2025-07$1,281-0.31%
2025-06$1,285+0.23%
2025-05$1,282+0.55%
2025-04$1,275+0.55%
2025-03$1,268+0.48%
2025-02$1,262+0.08%
2025-01$1,261+0.00%
2024-12$1,261+0.56%
2024-11$1,254+1.37%
2024-10$1,237-0.64%
2024-09$1,245—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices