Cheap Apartments for Rent in Sioux Falls, SD from $300 (285 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

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.

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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.

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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.

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property at 809 W 10th St

809 W 10th St

Sioux FallsSD57104

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.

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Sioux Falls, SD Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Sioux Falls, SD

Pricing Updated: 06/25/2025

Current apartment rentals in the Sioux Falls, SD area range in price from $650 to $4,995 with an overall median price of $2,537. The three Sioux Falls neighborhoods with the lowest median rent pricing are Empire Mall at $1,100, Southwest Sioux Falls at $1,100, and East Sioux Falls at $650. 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$1,697$1,1004
Southwest Sioux Falls$1,822$1,1005
East Sioux Falls$1,999$6504
Northeast Sioux Falls$1,999$6502
Northwest Sioux Falls$2,197$70011
Western Mall$2,395$8503
Prairie Tree$2,400$8504
Crown Pointe$2,500$75016
Downtown Sioux Falls$2,500$7503
Mystic Meadows$3,500$6505

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 $392. Technology Heights Apartments in the Northwest Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $471. Here is today’s list of the most affordable Sioux Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
YMCA1 Bedroom / 1 Bathroom1BR,1BA$392
Technology Heights Apartments1 Bedroom / 1 Bathroom1BR,1BA$471
Turning LeafOnly $500 for rent!1BR,1BA$500
Arnold's Park Apartments1BR $500// 2BR $600!! Deposit same as rent1BR,1BA$500
Taylor's Place ApartmentsRent today for only $550!!!1BR,1BA$550
Timbercreek (TIM1908)$550 MONTHLY RENT1BR,1BA$550
Jefferson Village2 Bedroom 1 Bathroom2BR,1BA$552
Forty One Flats2 Bedroom 2 Bathroom2BR,2BA$612
Legacy Village ApartmentsOne Bedroom B1BR,1BA$625
Washington Heights ApartmentsStudioStudio,1BA$639

Best Value Apartments for Rent in Sioux Falls, SD

As of June 25, 2025 the best value apartment in the Sioux Falls area is the $0.74 price per square foot 3 Bedrooms / 2 Bathrooms Model at YMCA in the in the Central Sioux Falls neighborhood starting from $907. The second greatest value Sioux Falls apartment is the Sandy Creek Apartments 3 Bedroom 2 Bath Model at Sandy Creek (SAN320N) starting at $700 with a $0.64 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.
YMCA3 Bedrooms / 2 Bathrooms3BR,2BA$0.74
Sandy Creek (SAN320N)Sandy Creek Apartments 3 Bedroom 2 Bath3BR,2BA$0.64
Jefferson Village3 Bedroom 2 Bathroom3BR,2BA$0.80
The Grove at Ellis Crossing3 Bedroom 2 Bathroom3BR,2BA$0.60
Pebble Creek Apartments - 54052BR/1.0BA2BR,1BA$0.82
Taylor's Place ApartmentsRent today for only $550!!!1BR,1BA$0.69
Forty One Flats2 Bedroom 2 Bathroom2BR,2BA$0.77
Arnold's Park Apartments1BR $500 2 BR $600 !!! Deposit same as rent2BR,1BA$0.77
Technology Heights Apartments1 Bedroom / 1 Bathroom1BR,1BA$0.66
Timbercreek (TIM1908)$550 MONTHLY RENT1BR,1BA$0.79

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 the Cheapest Studio apartment in Sioux Falls?

Currently the most affordable Cheap Studio Apartment in Sioux Falls is at Washington Heights Apartments listed at $639.

How much is rent for a Cheap One Bedroom Sioux Falls Apartment?

The lowest price for a Cheap One Bedroom Sioux Falls Apartment is $392 at YMCA.

What is the lowest price for a Cheap Two Bedroom Sioux Falls Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sioux Falls is starting from $552 at Jefferson Village.

What is the most affordable Sioux Falls Three Bedroom Apartment?

The best deal on a cheap Sioux Falls Three Bedroom Apartment rental is at The Grove at Ellis Crossing and starts from $643.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.