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Built in 20221 to 3 Bedroom Apartments
Jefferson Village
4107 W Innovation StSioux Falls, SD 57107
Cheap New Apartments for Rent in Sioux Falls, SD from $499 (64 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Sioux Falls.
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Built in 20201 to 4 Bedroom Apartments
Lacey Village Townhomes
510 N Bahnson AveSioux Falls, SD 57103
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Built in 20241 to 4 Bedroom Apartments
Forty One Flats
8701 W 41st StSioux Falls, SD 57106
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Built in 20161 to 3 Bedroom Apartments
Hidden Hills
950 N Cliff AveSioux Falls, SD 57103
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Built in 20201 to 3 Bedroom Apartments
Majestic Ridge Apartments
3610 S Sparta AveSioux Falls, SD 57110
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Built in 2017Studio to 2 Bedroom Apartments
University Hill Village - UHV Building 2
4415 N Graduate AveSioux Falls, SD 57107
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Built in 2023Studio to 2 Bedroom Apartments
University Hills Village - UHV Building 4
5520 W Success StSioux Falls, SD 57107
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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Built in 2025Studio to 2 Bedroom Apartments
University Hills Village - Building 5
5521 W Superior StSioux Falls, SD 57107
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Built in 20171 to 2 Bedroom Apartments
Garden Villas Apartments
605-625 W 81st StSioux Falls, SD 57108
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Rent Specials
$770 - $1,350Built in 2026Studio to 3 Bedroom Apartments Available Now
Crooks Reserve
301 W Dianne StCrooks, SD 57020
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Rent Specials
$800 - $1,315Built in 2025Studio to 2 Bedroom Apartments Available Now
Aspen Ridge Reserve
2401 E Country Club CirBrandon, SD 57005
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Rent Specials
$812 - $1,789Built in 2018Studio to 3 Bedroom Apartments Available Now
Sawyer Pointe
1223 Tom Sawyer TrlHarrisburg, SD 57032
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Rent Specials
$890 - $1,405Built in 2017Studio to 3 Bedroom Apartments Available Now
Edgewood Apartments
615 Figzel CtTea, SD 57064
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$945 - $1,245Built in 20231 to 3 Bedroom Apartments Available Now
Lincoln Heights
401 S Cliff AveHarrisburg, SD 57032
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.
Showing Results 51-64, Page 2 of 2
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 | $937 | $546 | $1,950 |
| Sioux Falls 1 Bedroom Apartments | $1,041 | $499 | $2,597 |
| Sioux Falls 2 Bedroom Apartments | $1,292 | $743 | $4,526 |
| Sioux Falls 3 Bedroom Apartments | $1,591 | $599 | $5,636 |
| Sioux Falls 4 Bedroom Apartments | $1,887 | $1,250 | $2,849 |
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Sioux Falls, SD Area Reviews
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Write a ReviewAshley • 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 $650.
What is the price of a cheap apartment in Sioux Falls?
The cheapest apartment in Sioux Falls is The Grove at Ellis Crossing which is listed at $473, while the average apartment in Sioux Falls costs $1,129.
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 58 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 $685 which is $444 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 Expert's 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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.