Cheap Apartments for Rent in Sioux Falls, SD from $300 with Washer/Dryer (91 Rentals)

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Search the lowest-cost Apartments available for rent right now 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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Meadow Ridge Apartments
Rent Specials
$850 - $1,100
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,100
Total Monthly Price
$850 - $1,100
1 to 2 Bedroom Apartments Available Now

Meadow Ridge Apartments

3503 W 85th StSioux Falls, SD 57108
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  • Utilities Included

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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Roseland Heights
1 to 3 Bedroom Apartments

Roseland Heights

4700 E 3rd StSioux Falls, SD 57110
  • Utilities Included
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Trinity Point
1 to 3 Bedroom Apartments

Trinity Point

5450 E Blarney PlSioux Falls, SD 57110
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Forty One Flats
1 to 4 Bedroom Apartments

Forty One Flats

8701 W 41st StSioux Falls, SD 57106
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Midtown Heights
1 to 3 Bedroom Apartments

Midtown Heights

2601 E 8th StSioux Falls, SD 57103
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Ashbury Apartments
Studio to 3 Bedroom Apartments

Ashbury Apartments

4700 E 6th StSioux Falls, SD 57103
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Newman Nine-Plex
1 Bedroom Apartments

Newman Nine-Plex

316 E 15 StSioux Falls, SD 57104
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Grant Square Apartments
2 to 3 Bedroom Apartments

Grant Square Apartments

9404 W Karmya CirSioux Falls, SD 57106
  • Utilities Included

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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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 Forty One Flats which is listed at $510, while the average apartment in Sioux Falls costs $1,622.

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 128 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 $790 which is $832 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

decorative image for Rent Smart: A Local Experts Secrets to Finding Budget Neighborhoods for Renting in Sioux Falls article

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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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.

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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.