
Cheap Apartments for Rent in Sioux Falls, SD from $300 (211 Rentals) Page 5 of 5
Search the lowest-cost Apartments available for rent right now in Sioux Falls.


Split Rock Apartments

Redwood Court I & II

ArrowRidge Town Homes

South Cliff Falls Apartments

Hunters Gate Townhomes

Eagle Creek Apartments

Jackson Heights Apartments

Keystone Apartments

Grand Teton Estates Apartments

340 N Main Ave
Sioux Falls, SD Local Guide

How much does it cost to rent an apartment in Sioux Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Sioux Falls Studio Apartments | $896 | $546 | $1,850 |
| Cheap Sioux Falls 1 Bedroom Apartments | $1,049 | $595 | $2,475 |
| Cheap Sioux Falls 2 Bedroom Apartments | $1,288 | $721 | $3,555 |
| Cheap Sioux Falls 3 Bedroom Apartments | $1,649 | $828 | $5,150 |
| Cheap Sioux Falls 4 Bedroom Apartments | $1,635 | $1,475 | $2,100 |
Browse Top Apartments in Sioux Falls
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Sioux Falls, SD Area Reviews
Ashley • 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 $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 $1,587.
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 85 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 $641 which is $946 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 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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.