
Cheap 2 Bedroom Apartments for Rent in Sioux Falls, SD from $399 (119 Rentals)


Oakwood Estates

Legacy Village Apartments

Autumn Park

Timberline Court

316 N Lake Ave

6 Flats Apartments

Hidden Valley Stables

Welcome to 3Falls Apartments - 2 Mo Free with a 15 Mo Lease!

Hospitality Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

815 W 11th St

Bentwood Manor Apartments

Cathy Ave Apartments

Willow Crossing Apartments

Sunrise Landing

Kings Kourt Apartments

Move In by January 15 & Get ONE MONTH FREE

ONE MONTH FREE When You Move In Before 12/31/25

Move In by January 15 & Get ONE MONTH FREE

2 Bed 1 Bath Apartment
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

2704 E Scenic Ct, Unit Lower Unit

2 Bedroom Apartment on the West Side

2 Bed 1 Bath Apartment

2 Bed 1 Bath Apartment

Heritage Place Apartments

1720 E 12th St

Pinehurst Apartments

Village Square Apartments

1205 S Blaine Ave

Teak
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1205 S Cleveland Ave

604 W Rice St

308 S Lewis Ave

The Willows Apartments

Sunset Villas Apartments

Stoney Creek Townhomes

Hoppe Properties

Penbrooke Place

The Whitney

West Briar
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Southern Hills

4901 S Baha Ave

Park Place Condominiums

Golden Creek Apartments

Mesa Heights Apartments

Chapelwood III Apartments

308 Lewis Ave

624 W 15th St

1509 E Bennett St

Roseland Heights
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Sioux Falls, SD Local Guide

How much does it cost to rent an apartment in Sioux Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sioux Falls Studio Apartments | $918 | $546 | $1,871 |
| Sioux Falls 1 Bedroom Apartments | $1,054 | $399 | $2,857 |
| Sioux Falls 2 Bedroom Apartments | $1,287 | $399 | $4,400 |
| Sioux Falls 3 Bedroom Apartments | $1,573 | $875 | $3,207 |
| Sioux Falls 4 Bedroom Apartments | $1,452 | $976 | $2,199 |
Explore Sioux Falls

Sioux Falls, SD Local Guide
- Sioux Falls Neighborhoods
- Nearby Cities
- ZIP codes
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- School Districts
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sioux Falls, SD Rentals by Map
See the most popular apartments and homes in Sioux Falls, SD
Sioux Falls, SD Area Reviews
Ashley • 4+ years in Sioux Falls
October 22, 2025Sioux Falls is an affordable Midwestern city with lots to offer! The Downtown area has tons of local shops and restaurants, and I love visiting Falls Park in the winter. It's a great place to live!
Frequently Asked Questions about Cheap Sioux Falls Apartments
What is a cheap apartment in Sioux Falls?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sioux Falls is under $631.
What is the price of a cheap apartment in Sioux Falls?
The cheapest apartment in Sioux Falls is Norton Estates which is listed at $597, while the average apartment in Sioux Falls costs $1,501.
What types of apartments are the cheapest in Sioux Falls?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 142 regular apartments in Sioux Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Sioux Falls?
Cheap apartments in Sioux Falls have an average cost of $416 which is $1,085 cheaper than the average rent for all rentals in Sioux Falls.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent Smart: A Local Experts Secrets to Finding Budget Neighborhoods for Renting in Sioux Falls
Written by: Ashley White
I'm Ashley, your ApartmentHomeLiving.com Local Expert for Sioux Falls, South Dakota. I grew up in nearby Lennox and went to Augustana University.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.