Cheap Apartments for Rent in the Central Sioux Falls Neighborhood of Sioux Falls, SD from $300 (38 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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.

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YMCA
Studio to 4 Bedroom Apartments

YMCA

230 S Minnesota AveSioux Falls, SD 57104
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Newman Nine-Plex
1 Bedroom Apartments

Newman Nine-Plex

316 E 15 StSioux Falls, SD 57104
property at 927 S Spring Ave

$595 - $695

Studio To 1 Bedroom Rentals

Available Now

927 S Spring Ave

Sioux FallsSD57104
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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

205 W 18th StSioux Falls, SD 57104
Senior Living
  • Utilities Included
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817 W 15th St
Studio to 1 Bedroom Apartments

817 W 15th St

817 W 15th StSioux Falls, SD 57104

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.

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703 S Dakota Ave
1 to 2 Bedroom Apartments

703 S Dakota Ave

703 S Dakota AveSioux Falls, SD 57104
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500 S Dakota Avenue
Studio to 1 Bedroom Apartments

500 S Dakota Avenue

500 S Dakota AveSioux Falls, SD 57104
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Oakridge Apartments
1 to 2 Bedroom Apartments

Oakridge Apartments

708 S Prairie AveSioux Falls, SD 57104
  • Utilities Included
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The Edge On Main
1 to 2 Bedroom Apartments

The Edge On Main

638 S Main AveSioux Falls, SD 57104
  • Utilities Included
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The Crossings
1 to 2 Bedroom Apartments

The Crossings

724 W 17th StSioux Falls, SD 57104
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Cambridge Apartments 55+
Studio to 2 Bedroom Apartments

Cambridge Apartments 55+

112 W 17th StSioux Falls, SD 57104
Senior Living
  • Utilities Included
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1216 S Center Ave
1 Bedroom Apartments

1216 S Center Ave

1216 S Center AveSioux Falls, SD 57105

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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Beadle Plaza Apartments
1 Bedroom Apartments

Beadle Plaza Apartments

1000 E 14th StSioux Falls, SD 57104
Senior Living
  • Utilities Included

Central Sioux Falls, Sioux Falls, SD Local Guide

Cheapest Available Central Sioux Falls Apartments for Rent

 

The cheapest available apartment rental in the Central Sioux Falls area of Sioux Falls, SD is a 2 Beds unit found at Kings Kourt Apartments priced from $745. Parkway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Central Sioux Falls apartments for rent in Sioux Falls, SD:

Apartment ListingModel NameBed/BathPriced From
Kings Kourt Apartments2 Bedroom 1 Bathroom with deck2BR,1BA$745
Parkway Apartments1 Bedroom 1 Bathroom1BR,1BA$795
910 S Phillips Ave1 bedroom1BR,1BA$800
Phillips Apartments1 Bed, 1 bath1BR,1BA$850
Pinnacle Point ApartmentsStudio ApartmentStudio,1BA$870
Phoenix Properties2 bedroom2BR,1BA$950
Carmel Estates1/11BR,1BA$995
Beadle West Apartments1Bd/1Ba A RM1BR,1BA$995
Irving Center Apartments3 Bedroom 2 Bathroom3BR,2BA$1,148
Shriver's Square Lofts1x1Phillips1BR,1BA$1,195

Best Value Apartments for Rent in Central Sioux Falls, SD

As of July 27, 2026 the best value apartment in the Central Sioux Falls area is the $1.13 price per square foot 1110 S Main Ave Model at 1110 S Main Ave, Unit Main Floor in the in the Central Sioux Falls neighborhood starting from $1,399. The second greatest value Central Sioux Falls apartment is the 707 E 19th St Model at 707 E 19th St, Unit 707 E. 19th Street starting at $1,300 with a $1.18 price per square foot in the Central Sioux Falls neighborhood. Here is today’s list of the best values for Central Sioux Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1110 S Main Ave, Unit Main Floor1110 S Main Ave2BR,2BA$1.13
707 E 19th St, Unit 707 E. 19th Street707 E 19th St2BR,1BA$1.18
Irving Center Apartments3 Bedroom 2 Bathroom3BR,2BA$1.07
Phoenix Properties2 bedroom2BR,1BA$0.95
Kings Kourt Apartments2 Bedroom 1 Bathroom with deck2BR,1BA$0.75
Carmel Estates1/11BR,1BA$1.28
Phillips Apartments1 Bed, 1 bath1BR,1BA$1.19
Beadle West Apartments1Bd/1Ba A RM1BR,1BA$1.58
910 S Phillips Ave1 bedroom1BR,1BA$1.28
Parkway Apartments1 Bedroom 1 Bathroom1BR,1BA$1.45

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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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.

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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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Frequently Asked Questions about Cheap Central Sioux Falls Apartments

What is the Cheapest Studio apartment in Central Sioux Falls?

Currently the most affordable Cheap Studio Apartment in Central Sioux Falls is at Pinnacle Point Apartments listed at $870.

How much is rent for a Cheap One Bedroom Central Sioux Falls Apartment?

The lowest price for a Cheap One Bedroom Central Sioux Falls Apartment is $795 at Parkway Apartments.

What is the lowest price for a Cheap Two Bedroom Central Sioux Falls Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Central Sioux Falls is starting from $745 at Kings Kourt Apartments.

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 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.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.