
2 Bedroom Apartments for Rent in Sioux Falls, SD Under $700 (23 Rentals)


Holiday Manor

Arnold's Park Apartments

EastPark Apartments

North Ridge Apartments & Townhomes

Sunrise Apartments

Town Estates Apartments
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.

Arbor Ridge Senior Apartments

Brooks Townhomes

Bristol Court Apartments

Copper Pass

Ellis Estates

Roseland Heights

Chasing Willows Apartments
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.

Trinity Point

YMCA

Williamsburg Townhomes

Lacey Village Townhomes

Irving Center Apartments

Jefferson Village

South Cliff Falls Apartments
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.

ArrowRidge Town Homes

Redwood Court I & II
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 | $909 | $546 | $1,850 |
| Sioux Falls 1 Bedroom Apartments | $1,041 | $595 | $2,475 |
| Sioux Falls 2 Bedroom Apartments | $1,289 | $725 | $4,526 |
| Sioux Falls 3 Bedroom Apartments | $1,650 | $806 | $5,000 |
| Sioux Falls 4 Bedroom Apartments | $2,021 | $1,475 | $2,849 |
Explore Sioux Falls

Sioux Falls, SD Local Guide
- Sioux Falls Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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 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 The Grove at Ellis Crossing listed at $568.
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 $1,289.
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 1,600 square feet unit starting from $2,400 at The Residences at Security National.
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 1,038 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 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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.