Cheap Apartments for Rent in Sioux Falls, SD from $300 (230 Rentals)

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Search the lowest-cost Apartments available for rent right now in Sioux Falls.

property at 817 W 11th St

817 W 11th St

Sioux FallsSD57104
property at 604 W Rice St

604 W Rice St

Sioux FallsSD57104
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Sioux Falls, SD Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Sioux Falls, SD

Pricing Updated: 09/13/2025

Current apartment rentals in the Sioux Falls, SD area range in price from $399 to $3,713 with an overall median price of $1,523. The three Sioux Falls neighborhoods with the lowest median rent pricing are Empire Mall at $699, East Sioux Falls at $546, and Southwest Sioux Falls at $675. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Sioux Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Empire Mall$1,108$69999
East Sioux Falls$1,126$54642
Southwest Sioux Falls$1,379$675142
Western Mall$1,401$650400
Prairie Tree$1,435$699182
Northwest Sioux Falls$1,455$635359
Crown Pointe$1,500$399259
Mystic Meadows$1,500$399285
Central Sioux Falls$1,600$399148
Southeast Sioux Falls$1,648$399268

Cheapest Available Sioux Falls Apartments for Rent

 

The cheapest available apartment rental in Sioux Falls, SD is a 2 Beds unit found at Briarwood Apartments in the Mystic Meadows neighborhood priced from $399. YMCA in the Central Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $408. Here is today’s list of the most affordable Sioux Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Briarwood Apartments2 BEDROOM2BR,1BA$399
YMCA1 Bedroom / 1 Bathroom1BR,1BA$408
Technology Heights Apartments1 Bedroom / 1 Bathroom1BR,1BA$471
Midtown Heights1 Bedroom 1 Bathroom1BR,1BA$496
Turning LeafNEW SEASON OF AUTUM BRINGS NEW FALLING PRICES A...1BR,1BA$500
Arnold's Park Apartments1BR $500 2 BR $600 !!! Deposit same as rent1BR,1BA$500
Timbercreek (TIM1908)$677 MONTHLY RENT!!! GARAGES AVAILABLE!! FREE!!!1BR,1BA$550
Jefferson Village2 Bedroom 1 Bathroom2BR,1BA$574
Taylor's Place ApartmentsRent today for only $599!!!1BR,1BA$599

Best Value Apartments for Rent in Sioux Falls, SD

As of September 13, 2025 the best value apartment in the Sioux Falls area is the $0.64 price per square foot 3 Bedrooms / 2 Bathrooms Model at Minnesota Apartments in the in the Northeast Sioux Falls neighborhood starting from $801. The second greatest value Sioux Falls apartment is the 2 Bedroom 1 Bathroom Model at Riverview Apartments starting at $940 with a $0.80 price per square foot . Here is today’s list of the best values for Sioux Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Minnesota Apartments3 Bedrooms / 2 Bathrooms3BR,2BA$0.64
Riverview Apartments2 Bedroom 1 Bathroom2BR,1BA$0.80
Oakwood Estates3 Bedroom A3BR,1BA$0.80
Briarwood Apartments2 BEDROOM2BR,1BA$0.40
Technology Heights Apartments2 Bedrooms / 1 Bathroom2BR,1BA$0.85
Taylor's Place ApartmentsRent today for only $599!!!1BR,1BA$0.75
YMCA1 Bedroom / 1 Bathroom1BR,1BA$0.56
Midtown Heights1 Bedroom 1 Bathroom1BR,1BA$0.70
Timbercreek (TIM1908)$677 MONTHLY RENT!!! GARAGES AVAILABLE!! FREE!!!1BR,1BA$0.79
Turning LeafNEW SEASON OF AUTUM BRINGS NEW FALLING PRICES A...1BR,1BA$0.83

Quick Rent Budget Calculator

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Sioux Falls Overview

If you’re looking for apartments in Sioux Falls, SD, you’re looking in a wonderful midwestern American city. From arts to festivals to parks, there is never a lack of something to do in Sioux Falls. There are many opportunities to explore history and culture in this city that boasts a small town atmosphere. Compared to many other American cities, commuters living in Sioux Falls apartments face an easy and stress-free commute. Known for being in the “Heart of America,” Sioux Falls is the perfect city whether you’re looking to raise your family, build your career, or settle down and retire.

Why live in Sioux Falls, SD?

Why not Sioux Falls? It boasts a perfect combination of small town and big city. Sioux Falls is big enough to offer many opportunities, while not being as overwhelming as big cities can be. The small town feel provides a great environment to raise a family. Located in the heart of America, Sioux Falls is also within driving distance of many major U.S.cities and landmarks, but with parks, restaurants, shopping, sports, museums, and more, you may never even want to leave.

Pet Friendly Lifestyle
Sioux Falls, SD

Ranked #1

Among cities in South Dakota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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

Explore Sioux Falls, SD Rentals by Map

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See the most popular apartments and homes in Sioux Falls, SD

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Getting Around Sioux Falls, SD

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

19 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $599.

What is the price of a cheap apartment in Sioux Falls?

The cheapest apartment in Sioux Falls is YMCA which is listed at $408, while the average apartment in Sioux Falls costs $1,523.

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 94 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 $482 which is $1,041 cheaper than the average rent for all rentals in Sioux Falls.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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