Top Rated Cheap Apartments for Rent in Sioux Falls, SD from $300 (48 Rentals)

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Top Rated Apartments in Sioux Falls.

Cheap Apartments in Sioux Falls.

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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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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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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Trinity Point
1 to 3 Bedroom Apartments

Trinity Point

5450 E Blarney PlSioux Falls, SD 57110
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Midtown Heights
1 to 3 Bedroom Apartments

Midtown Heights

2601 E 8th StSioux Falls, SD 57103
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Chasing Willows Apartments
1 to 3 Bedroom Apartments

Chasing Willows Apartments

4800 E 54th StSioux Falls, SD 57110
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Hidden Hills
1 to 3 Bedroom Apartments

Hidden Hills

950 N Cliff AveSioux Falls, SD 57103
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Ellis Court
1 to 2 Bedroom Apartments

Ellis Court

8712 W 32nd StSioux Falls, SD 57106
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Maple Townhomes
2 Bedroom Apartments

Maple Townhomes

2600-2608 N Career AveSioux Falls, SD 57107
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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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Willow Creek Apartments
Studio to 2 Bedroom Apartments

Willow Creek Apartments

912 Willow Creek PlSioux Falls, SD 57106
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The Edge On Main
1 to 2 Bedroom Apartments

The Edge On Main

638 S Main AveSioux Falls, SD 57104
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Garden Villas Apartments
1 to 2 Bedroom Apartments

Garden Villas Apartments

605-625 W 81st StSioux Falls, SD 57108
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Redwood Court I & II
2 to 3 Bedroom Apartments

Redwood Court I & II

1208 E Keystone PlBrandon, SD 57005
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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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Eagle Creek Apartments
Studio to 3 Bedroom Apartments

Eagle Creek Apartments

106 S Sandstone AveBrandon, SD 57005
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Jackson Heights Apartments
1 to 3 Bedroom Apartments

Jackson Heights Apartments

1105 Honeysuckle DrHarrisburg, SD 57032
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Showing Results 1-48, Page 1 of 1

Sioux Falls, SD Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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Cash 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.

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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.

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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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Sioux Falls, SD Area Reviews

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Ashley • 4+ years in Sioux Falls

October 22, 2025

Sioux 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 $649.

What is the price of a cheap apartment in Sioux Falls?

The cheapest apartment in Sioux Falls is Technology Heights Apartments which is listed at $480, while the average apartment in Sioux Falls costs $1,517.

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 122 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 $882 which is $635 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

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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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.