
Cheap New Apartments for Rent in Sioux Falls, SD from $300 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in Sioux Falls.


Briarwood Reserve Apartments

Maple Rock Reserve

Sunset Villas Apartments

41st Street Commons

The Velthuis Apartments

Whisper Ridge Commons

Dakota Pointe

Willows South Commons

The Commons
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.

Ridgeview East Townhomes

Yukon at Benson

Aspen Commons

Spring Creek Luxury Living

The Boundary

Sullivan Square

PowderHaus Apartments & Townhomes

Split Rock Village

University Hills Village
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.

Hidden Hills

Westview Heights Apartments, LLC

Silos at Ellis Crossing

Northridge Estates/Perfect Location

Garden Villas Apartments

Hillcrest Heights Apartments

Willows Edge

Marion Crossing Apartments
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.

Pinnacle Point Apartments

Edgewater Villas

The Meadows on Graystone

The Rowe on 57th Street

Prescott Place Apartments, LLC

Jefferson Reserve Apartments

Edgewater III Villas

City's Edge

Millstone Commons

The Current

Jefferson Heights Apartments, LLC

Village at Three Fountains
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.

Thelin Center

The Cascade at The Steel District

Grand Prairie Apartments & Townhomes

Lux North

The Brixx 2 Apartments

Carlton at Dawley

Vineyard Heights Apartments

The Residences At Greenway

Technology Heights Apartments
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 | $1,092 | $546 | $2,332 |
Sioux Falls 1 Bedroom Apartments | $1,155 | $500 | $2,830 |
Sioux Falls 2 Bedroom Apartments | $1,431 | $600 | $5,516 |
Sioux Falls 3 Bedroom Apartments | $1,653 | $894 | $4,750 |
Sioux Falls 4 Bedroom Apartments | $1,516 | $1,126 | $2,199 |
Explore Sioux Falls

Sioux Falls, SD Local Guide
- Sioux Falls Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick 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.
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 $655.
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 $1,604.
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 80 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 $413 which is $1,191 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.

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.

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.

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.

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.