
New Apartments for Rent in Sioux Falls, SD Under $2,000 (128 Rentals)


The Locale

West 26th Street Commons

Railyard Flats

Sundance Ridge Townhomes

41Six

The Slate

Windmill Flats Townhomes

Willows East

Harvest Ridge Townhomes
First Apartment Regrets: Real Renters Share What They'd Do Differently
Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

The Muse

The Croft

Rocky Ridge Townhomes

Beal Townhomes

Sage Meadow Apartments & Townhomes

The District Lofts

Graystone Townhomes

The Slate

The Bluffs at Willow Run

Grand Prairie Apartments & Townhomes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Nova

The 41Ellis

The Crimson - Residential

The Dakota Flats at Cherapa Place

Third Avenue Lofts

West Pointe Commons

Prairie Towers

The Wondery

Retreat on 22nd

The MarQ
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Clark Lofts at Cherapa Place

The Apex

The Brett

Edgewater Villas

HOME - FIELD APARTMENTS I

Lux North

Pinnacle Point Apartments

Graystone Heights Luxury Apartments

The Boundary

Millstone Commons
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.

Welcome to Huntington Village

The Ridge

The Cascade at The Steel District

The Atlas

The One2

Thelin Center

The Brixx

Jefferson Heights Apartments, LLC

Carlton at Dawley

Marion Crossing Apartments
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.
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 | $936 | $500 | $1,866 |
| Sioux Falls 1 Bedroom Apartments | $1,044 | $499 | $2,746 |
| Sioux Falls 2 Bedroom Apartments | $1,306 | $757 | $4,526 |
| Sioux Falls 3 Bedroom Apartments | $1,603 | $599 | $5,792 |
| Sioux Falls 4 Bedroom Apartments | $1,862 | $1,375 | $2,849 |
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Sioux Falls, SD Local Guide
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sioux Falls, SD Rentals by Map
See the most popular apartments and homes in Sioux Falls, SD
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 New Sioux Falls Apartments
What is the Cheapest New apartment in Sioux Falls?
Currently the most affordable New Apartment in Sioux Falls is at Prescott Place Apartments, LLC listed at $900.
How much is the average rent for a New Sioux Falls Apartment?
The average rent for a New Apartment in Sioux Falls is $2,211.
What is the largest New Sioux Falls Apartment for rent?
Today's New apartment with the most square footage in Sioux Falls is a 1,968 square feet unit starting from $1,132 at The Dakota Flats at Cherapa Place.
What is the average size for Sioux Falls New Apartments for rent?
The average size for a New rental in Sioux Falls is currently at 565 sq ft.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.