
2 Bedroom Apartments for Rent in Sioux Falls, SD Under $1,500 (299 Rentals)


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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Jefferson Heights Apartments, LLC
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Westview Heights Apartments, LLC
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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the BLU on Lorraine

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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.

The Apex

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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.
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 | $936 | $500 | $1,866 |
| Sioux Falls 1 Bedroom Apartments | $1,044 | $499 | $2,746 |
| Sioux Falls 2 Bedroom Apartments | $1,306 | $757 | $4,526 |
| Sioux Falls 3 Bedroom Apartments | $1,603 | $599 | $5,792 |
| Sioux Falls 4 Bedroom Apartments | $1,862 | $1,375 | $2,849 |
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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!
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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 2 Bedroom Sioux Falls Apartments
What is the Cheapest apartment in Sioux Falls with 2 Bedroom?
Currently the most affordable 2 Bedroom in Sioux Falls is at GEPC Properties Plex listed at $499.
How much is the average rent for a 2 Bedroom Sioux Falls Apartment?
The average rent for a 2 Bedroom Apartment in Sioux Falls is $1,306.
What is the largest available 2 Bedroom Sioux Falls Apartment for rent?
Today's apartment with the most square footage in Sioux Falls is a 1,582 square feet unit starting from $1,600 at Gourley Building.
What is the average size for Sioux Falls 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Sioux Falls is currently 1,092 sq ft.
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 Expert's 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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.