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$648 - $896Studio to 1 Bedroom Apartments Available Now
Falls View Apartments
309 W 2nd StSioux Falls, SD 57104
Cheap Low Income Apartments for Rent in Sioux Falls, SD from $300 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in Sioux Falls.
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$721 - $1,0201 to 2 Bedroom Apartments Available Now
City Center Apartments
620 N Main AveSioux Falls, SD 57104
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Rent Specials
$911 - $1,4751 to 4 Bedroom Apartments Available Now
Hidden Valley Stables
4800 S Cink PlSioux Falls, SD 57106
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$925 - $1,2102 to 3 Bedroom Apartments Available Now
Stoney Creek Townhomes
7412 W Stoney Creek StSioux Falls, SD 57106
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.
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Sioux Falls, SD Local Guide
How much does it cost to rent an apartment in Sioux Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sioux Falls Studio Apartments | $913 | $546 | $1,850 |
| Sioux Falls 1 Bedroom Apartments | $1,045 | $595 | $2,475 |
| Sioux Falls 2 Bedroom Apartments | $1,295 | $725 | $4,526 |
| Sioux Falls 3 Bedroom Apartments | $1,646 | $806 | $5,000 |
| Sioux Falls 4 Bedroom Apartments | $1,906 | $1,475 | $2,150 |
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Sioux Falls, SD Local Guide
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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.
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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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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Sioux Falls, SD
Sioux Falls, SD Area Reviews
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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 the Cheapest Studio apartment in Sioux Falls?
Currently the most affordable Cheap Studio Apartment in Sioux Falls is at Kenwood Manor Apartments listed at $595.
How much is rent for a Cheap One Bedroom Sioux Falls Apartment?
The lowest price for a Cheap One Bedroom Sioux Falls Apartment is $515 at EastPark Apartments.
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 $568 at The Grove at Ellis Crossing.
What is the most affordable Sioux Falls Three Bedroom Apartment?
The best deal on a cheap Sioux Falls Three Bedroom Apartment rental is at Horizon Apartments and starts from $668.
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.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.