Cheap Apartments for Rent in Sioux Falls, SD from $300 (226 Rentals) Page 2 of 5

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Search the lowest-cost Apartments available for rent right now in Sioux Falls.

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Dakota Pointe
Rent Specials
$800 - $1,165
Total Monthly Price

Total Monthly Price

Base Rent
$720 - $1,085
Required Monthly Fees
$80

Total Monthly Price
$800 - $1,165
1 to 2 Bedroom Apartments Available Now

Dakota Pointe

1000 W Venture PlSioux Falls, SD 57105
Affordability
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The Whitney
$803 - $1,044
Total Monthly Price

Total Monthly Price

Base Rent
$745 - $986
Required Monthly Fees
$58

Total Monthly Price
$803 - $1,044
1 to 2 Bedroom Apartments Available Now

The Whitney

215 S Menlo AveSioux Falls, SD 57104
Affordability
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University Hills Village
Rent Specials
$825 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $1,750

Total Monthly Price
$825 - $1,750
Studio to 2 Bedroom Apartments Available Now

University Hills Village

4501 N Graduate AveSioux Falls, SD 57107
Affordability
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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
Outdoors
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  • Utilities Included
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Pinehurst Apartments
Rent Specials
$860 - $987
Total Monthly Price

Total Monthly Price

Base Rent
$805 - $932
Required Monthly Fees
$55

Total Monthly Price
$860 - $987
2 Bedroom Apartments Available Now

Pinehurst Apartments

3430 S Sheldon LnSioux Falls, SD 57105
Cost Per Sq.Ft.
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  • Utilities Included
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Sioux Falls, SD Area Reviews

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Ashley4+ 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 $617.

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

The cheapest apartment in Sioux Falls is YMCA which is listed at $408, while the average apartment in Sioux Falls costs $1,551.

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 174 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 $727 which is $824 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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.