Property Manager Salary in Sioux Falls, SD: $55,816 (2026)

Property Manager Pay in Sioux Falls: What to Expect (2026)

Sioux Falls offers a median property manager salary of $55,816, which is $2,426 above the South Dakota state average of $53,390. Compared to the national median of $60,670, Sioux Falls pays below the national benchmark for this role.

Sioux Falls's cost of living is 92% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for property managers in Sioux Falls spans from $31,280 at the 10th percentile to $103,040 at the 90th percentile — a $71,760 spread. Entry-level professionals start around $34,960, while senior property managers with 8+ years of experience can earn up to $96,600. With a population of 192,517, Sioux Falls is a mid-sized metro with a growing job market.

Property Manager Salary in Sioux Falls by Experience

In Sioux Falls, an entry-level property manager earns around $34,960, while experienced professionals earn up to $96,600 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)

$34,960

$-3,040 vs national

Mid Level (3-7 yrs)

$57,040

$-4,960 vs national

Senior Level (8+ yrs)

$96,600

$-8,400 vs national

Percentile	Sioux Falls	SD State	National
10th Percentile	$31,280	$29,920	$34,000
25th Percentile	$40,480	$38,720	$44,000
Median (50th)	$55,816	$53,390	$60,670
75th Percentile	$78,200	$74,800	$85,000
90th Percentile	$103,040	$98,560	$112,000

Percentile

Sioux Falls

10th Percentile

$31,280

25th Percentile

$40,480

Median (50th)

$55,816

75th Percentile

$78,200

90th Percentile

$103,040

How to Become a Property Manager in Sioux Falls

Education

Most property manager positions require a high school diploma. Sioux Falls and the surrounding South Dakota area have institutions offering relevant programs.

Key Skills

Property ManagementTenant RelationsBudgetingMaintenance CoordinationLease ManagementCustomer Service

Job Outlook

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). Demand in Sioux Falls may vary based on local industry and population growth.

Frequently Asked Questions: Property Manager Salary in Sioux Falls

How much does a Property Manager make in Sioux Falls, SD? ▼

The median property manager salary in Sioux Falls, South Dakota is $55,816 per year, which is 8% below the national median of $60,670. Salaries range from $31,280 (10th percentile) to $103,040 (90th percentile).

How much does a Property Manager make per hour in Sioux Falls? ▼

Based on the median annual salary of $55,816, a property manager in Sioux Falls earns approximately $27 per hour assuming a standard 2,080-hour work year.

How does Sioux Falls compare to the South Dakota state average for property manager pay? ▼

Sioux Falls's median property manager salary of $55,816 is 4.5% above the South Dakota state average of $53,390. The local cost of living index is 92% of the national average.

What is the cost of living in Sioux Falls, SD? ▼

Sioux Falls has a cost of living index of 92% compared to the national average. This means a property manager salary of $55,816 in Sioux Falls has more purchasing power than the same salary in an average-cost city.

What qualifications do I need to become a property manager in Sioux Falls? ▼

Most property manager positions in Sioux Falls require a high school diploma. Key skills include Property Management, Tenant Relations, Budgeting, Maintenance Coordination. The job market is projected to grow 3% nationally over the next decade.

Property Manager Salary in Sioux Falls, South Dakota