Cheap Apartments for Rent in Sioux Falls, SD from $300 (320 Rentals)

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Sioux Falls, SD Local Guide

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Written By:
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Local Guide Expert

Cheapest Neighborhoods for Apartments in Sioux Falls, SD

Pricing Updated: 11/02/2025

Current apartment rentals in the Sioux Falls, SD area range in price from $349 to $4,400 with an overall median price of $1,525. The three Sioux Falls neighborhoods with the lowest median rent pricing are Empire Mall at $699, East Sioux Falls at $546, and Western Mall at $585. 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$1,110$69979
East Sioux Falls$1,126$54644
Western Mall$1,325$585366
Prairie Tree$1,330$699171
Southwest Sioux Falls$1,330$699132
Northwest Sioux Falls$1,411$349340
Mystic Meadows$1,500$399286
Crown Pointe$1,525$595317
Southeast Sioux Falls$1,650$665359
Northeast Sioux Falls$1,730$546251

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. Arnold's Park Apartments in the Northwest Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Sioux Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Briarwood Apartments2 BEDROOM2BR,1BA$399
Arnold's Park Apartments1BR $500 2 BR $600 !!! Deposit same as rent1BR,1BA$500
Forty One Flats1 Bedroom 1 Bathroom1BR,1BA$510
Timbercreek (TIM1908)$677 MONTHLY RENT!!! GARAGES AVAILABLE!! FREE!!!1BR,1BA$550
Jefferson Village2 Bedroom 1 Bathroom2BR,1BA$574
Kenwood Manor ApartmentsStudioStudio,1BA$585
Midtown Heights2 Bedroom 1 Bathroom2BR,1BA$594
Aspen Ridge ReserveStudio ApartmentStudio,1BA$645
Falls View ApartmentsOlympic1BR,1BA$648
Legacy Village ApartmentsOne Bedroom B1BR,1BA$650

Best Value Apartments for Rent in Sioux Falls, SD

As of November 03, 2025 the best value apartment in the Sioux Falls area is the $0.80 price per square foot 2 Bedroom 1 Bathroom Model at Riverview Apartments in the starting from $940. The second greatest value Sioux Falls apartment is the 2bd1ba Model at The Whitney starting at $895 with a $0.83 price per square foot in the Northwest Sioux Falls neighborhood. 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.
Riverview Apartments2 Bedroom 1 Bathroom2BR,1BA$0.80
The Whitney2bd1ba2BR,1BA$0.83
Trinity Point2 Bedrooms / 1 Bathroom2BR,1BA$0.75
Briarwood Apartments2 BEDROOM2BR,1BA$0.40
Hidden Valley Stables2bed2BR,2BA$0.78
Midtown Heights2 Bedroom 1 Bathroom2BR,1BA$0.66
Irving Center Apartments2 Bedroom 1 Bathroom2BR,1BA$0.82
Arnold's Park Apartments2 Bed | 1 Bath Apartment – Only $600/month!2BR,1BA$0.77
Timbercreek (TIM1908)$677 MONTHLY RENT!!! GARAGES AVAILABLE!! FREE!!!1BR,1BA$0.79
Forty One Flats1 Bedroom 1 Bathroom1BR,1BA$0.85

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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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.

Sioux Falls, SD Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Ashley • 4+ 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 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 $650.

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

The cheapest apartment in Sioux Falls is Arnold's Park Apartments which is listed at $500, while the average apartment in Sioux Falls costs $1,525.

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 130 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 $457 which is $1,068 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.