
Cheap Apartments for Rent in Sioux Falls, SD from $300 (226 Rentals)
Search the lowest-cost Apartments available for rent right now in Sioux Falls.


Ridgeview Apartments

Total Monthly Price
Falls View Apartments

512 W 16th St

Willow Creek Townhomes

310 W 18th St

Kenwood Manor Apartments

817 W 11th St

817 W 11th St, Unit #4

423 S Williams Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Total Monthly Price
Legacy Village Apartments

Meadowbrook Apartments

Albert House

Oakwood Estates

River Tower Apartments

Parkway Apartments

New Incentives!

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121 N Cleveland Ave, Unit 211

Total Monthly Price
Uptown Flats

Total Monthly Price
Autumn Park
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.

Welcome to 3Falls Apartments - 2 Mo Free with a 15 Mo Lease!

The Oaks Apartments

Cedar House Apartments

2500 E 10th St

138 N Sycamore Ave

Kings Kourt Apartments

Total Monthly Price
Creekstone Falls

425 S Thompson Ave

Timberline Court

312 N Spring Ave
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.

The Willows Apartments

815 W 11th St

Harper Point Apartments

Bentwood Manor Apartments

Sunrise Landing

Teak

Dublin Square Apartments and Townhomes

Regency Place Apartments

Hillview Apartments

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Penbrooke Place
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Hospitality Apartments

Parkview Apartments

3515 S West Ave, Unit #2

612 W 11th St

Cathy Ave Apartments

The Velthuis Apartments

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Willow Crossing Apartments - Limited-Time Special!

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1700 E 12th St, Unit 3

The Overture on Cliff

Total Monthly Price
41st Street Commons
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.
Sioux Falls, SD Local Guide

How much does it cost to rent an apartment in Sioux Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Sioux Falls Studio Apartments | $912 | $546 | $1,475 |
| Cheap Sioux Falls 1 Bedroom Apartments | $1,069 | $625 | $2,949 |
| Cheap Sioux Falls 2 Bedroom Apartments | $1,301 | $399 | $4,400 |
| Cheap Sioux Falls 3 Bedroom Apartments | $1,597 | $798 | $4,422 |
| Cheap Sioux Falls 4 Bedroom Apartments | $1,411 | $1,096 | $2,100 |
Browse Top Apartments in Sioux Falls
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Sioux Falls, SD Local Guide

- Sioux Falls Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Neighborhoods for Apartments in Sioux Falls, SD
Pricing Updated: 02/10/2026Current apartment rentals in the Sioux Falls, SD area range in price from $399 to $4,422 with an overall median price of $1,551. The three Sioux Falls neighborhoods with the lowest median rent pricing are East Sioux Falls at $546, Northwest Sioux Falls at $599, and Empire Mall at $659. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Sioux Falls Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| East Sioux Falls | $1,132 | $546 | 45 |
| Northwest Sioux Falls | $1,460 | $599 | 323 |
| Empire Mall | $1,475 | $659 | 105 |
| Southwest Sioux Falls | $1,475 | $659 | 146 |
| Western Mall | $1,475 | $630 | 355 |
| Prairie Tree | $1,480 | $659 | 183 |
| Central Sioux Falls | $1,600 | $599 | 140 |
| Mystic Meadows | $1,610 | $399 | 330 |
| Crown Pointe | $1,640 | $599 | 369 |
| Northeast Sioux Falls | $1,650 | $546 | 201 |
Cheapest Available Sioux Falls Apartments for Rent
 The cheapest available apartment rental in Sioux Falls, SD is a 1 Bed unit found at YMCA in the Central Sioux Falls neighborhood priced from $408. Technology Heights Apartments in the Northwest Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $480. Here is today’s list of the most affordable Sioux Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| YMCA | 1 Bedroom 1 Bathroom | 1BR,1BA | $408 |
| Technology Heights Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $480 |
| Forty One Flats | 1 Bedroom 1 Bathroom | 1BR,1BA | $510 |
| Midtown Heights | 1 Bedroom 1 Bathroom | 1BR,1BA | $515 |
| Bella Sierra Apartments | 1 bedroom | 1BR,1BA | $536 |
| 817 W 15th St | Studio Unit | 1BR,1BA | $550 |
| Jefferson Village | 2 Bedroom 1 Bathroom | 2BR,1BA | $585 |
| Falls View Apartments | Rushmore | Studio,1BA | $599 |
| Turning Leaf | Beautiful Beginnings at Turning Leaf. 1 bedroom... | 1BR,1BA | $600 |
| Willow Creek Townhomes | Eff | Studio,1BA | $617 |
Best Value Apartments for Rent in Sioux Falls, SD
As of February 11, 2026 the best value apartment in the Sioux Falls area is the $0.65 price per square foot 3 Bedrooms / 2 Bathrooms Model at Minnesota Apartments in the in the Northeast Sioux Falls neighborhood starting from $817. The second greatest value Sioux Falls apartment is the 3 Bedrooms 2 Bathrooms Model at YMCA starting at $943 with a $0.76 price per square foot in the Central Sioux Falls neighborhood. Here is today’s list of the best values for Sioux Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Minnesota Apartments | 3 Bedrooms / 2 Bathrooms | 3BR,2BA | $0.65 |
| YMCA | 3 Bedrooms 2 Bathrooms | 3BR,2BA | $0.76 |
| Riverview Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.80 |
| Horizon Apartments | Three Bedroom | 3BR,2BA | $0.59 |
| Pheasant View Apartments | 3 BD 1 BA Layout | 3BR,1BA | $0.83 |
| Marion Park II Apartments | 2BR/1.0BA | 2BR,1BA | $0.83 |
| Willow Crossing Apartments - Limited-Time Special! | Balcony Units Rent Special | 2BR,1BA | $0.83 |
| Cathy Ave Apartments | 2BR/1.5BA | 2BR,1.5BA | $0.80 |
| Midtown Heights | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.72 |
| Technology Heights Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $0.67 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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.
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 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 $617.
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 $1,551.
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 174 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 $727 which is $824 cheaper than the average rent for all rentals in Sioux Falls.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.