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

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Holiday Manor
2 Bedroom Apartments

Holiday Manor

1300 W Bailey StSioux Falls, SD 57104
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Sunrise Apartments
2 Bedroom Apartments

Sunrise Apartments

816-916 N Omaha AveSioux Falls, SD 57103

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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Brooks Townhomes
2 Bedroom Apartments

Brooks Townhomes

5029 E 54th StSioux Falls, SD 57110
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Copper Pass
2 Bedroom Apartments

Copper Pass

3630 S Sparta AveSioux Falls, SD 57110
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Ellis Estates
2 Bedroom Apartments

Ellis Estates

2301 S Ellis RdSioux Falls, SD 57106
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Roseland Heights
2 Bedroom Apartments

Roseland Heights

4700 E 3rd StSioux Falls, SD 57110
  • Utilities Included

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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Trinity Point
2 Bedroom Apartments

Trinity Point

5450 E Blarney PlSioux Falls, SD 57110
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YMCA
2 Bedroom Apartments

YMCA

230 S Minnesota AveSioux Falls, SD 57104
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Williamsburg Townhomes
2 Bedroom Apartments

Williamsburg Townhomes

501 S Wheatland AveSioux Falls, SD 57106
  • Utilities Included
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Jefferson Village
2 Bedroom Apartments

Jefferson Village

4107 W Innovation StSioux Falls, SD 57107
  • Utilities Included

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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ArrowRidge Town Homes
2 Bedroom Apartments

ArrowRidge Town Homes

1800 S Mulberry AveBrandon, SD 57005
  • Utilities Included
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Redwood Court I & II
2 Bedroom Apartments

Redwood Court I & II

1208 E Keystone PlBrandon, SD 57005
  • Utilities Included

Sioux Falls, SD Local Guide

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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Sioux Falls, SD Area Reviews

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Ashley4+ years in Sioux Falls

October 22, 2025

Sioux 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 Jefferson Village listed at $585.

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 $1,303.

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 1,450 square feet unit starting from $1,425 at Dakota Lofts Downtown.

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 1,085 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

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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.

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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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.