Cheap Apartments for Rent in the Central Sioux Falls Neighborhood of Sioux Falls, SD from $300 (33 Rentals)

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

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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YMCA
Studio to 4 Bedroom Apartments

YMCA

230 S Minnesota AveSioux Falls, SD 57104

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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817 W 15th St
Studio to 1 Bedroom Apartments

817 W 15th St

817 W 15th StSioux Falls, SD 57104
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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

205 W 18th StSioux Falls, SD 57104
Senior Living
  • Utilities Included

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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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
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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

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.

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 1 Bed unit found at YMCA priced from $408. Irving Center Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $654. Here are the most affordable Central Sioux Falls apartments for rent in Sioux Falls, SD:

Apartment ListingModel NameBed/BathPriced From
YMCA1 Bedroom / 1 Bathroom1BR,1BA$408
Irving Center Apartments2 Bedroom 1 Bathroom2BR,1BA$654
Uptown FlatsStudioStudio,1BA$685
Kings Kourt Apartments2 Bedroom 1 Bathroom with deck2BR,1BA$795
Parkway Apartments1 Bedroom 1 Bathroom1BR,1BA$795
The Whitney2bd1ba2BR,1BA$886
The One2StudioStudio,1BA$925
Prescott Place Apartments, LLC1Bed/1Bath1BR,1BA$940
Pinnacle Point Apartments1 Bedroom 1 Bathroom Apartment (C)1BR,1BA$954
Beadle West Apartments1B - 1 Bedroom1BR,1BA$1,035

Best Value Apartments for Rent in Central Sioux Falls, SD

As of January 01, 2026 the best value apartment in the Central Sioux Falls area is the $0.82 price per square foot 2bd1ba Model at The Whitney in the in the Northwest Sioux Falls neighborhood starting from $886. The second greatest value Central Sioux Falls apartment is the 2Bed/2Bath Model at Prescott Place Apartments, LLC starting at $1,440 with a $1.48 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.
The Whitney2bd1ba2BR,1BA$0.82
Prescott Place Apartments, LLC2Bed/2Bath2BR,2BA$1.48
Kings Kourt Apartments1 Bedroom 1 Bedroom1BR,1BA$1.09
Irving Center Apartments2 Bedroom 1 Bathroom2BR,1BA$0.82
Third Avenue Lofts1BHC1BR,1BA$1.62
YMCA1 Bedroom / 1 Bathroom1BR,1BA$0.56
Shriver Square - Lavish Living1 Bedroom, 1 Bathroom1BR,1BA$1.65
Beadle West Apartments1B - 1 Bedroom1BR,1BA$1.55
Pinnacle Point Apartments1 Bedroom 1 Bathroom Apartment (C)1BR,1BA$1.45
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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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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Frequently Asked Questions about Cheap Central Sioux Falls Apartments

What is a cheap apartment in Central Sioux Falls?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Sioux Falls is under $1,035.

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

The cheapest apartment in Central Sioux Falls is YMCA which is listed at $408, while the average apartment in Central Sioux Falls costs $1,500.

What types of apartments are the cheapest in Central 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 12 regular apartments in Central Sioux Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.