
Cheap Homes for Rent in Central Sioux Falls Neighborhood of Sioux Falls, SD from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Sioux Falls area of Sioux Falls.


Cozy 1 Bedroom 1 Bathroom Apartment

623 S Prairie Ave

621 S Prairie Ave

1 Bedroom 1 Bathroom Apartment
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.

2 Bedroom Apartment

Spacious 2 Bedroom Apartment

625 S Prairie Ave

203 S Covell Ave

624 W 15th St
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.

2 Bedroom 1 Bath Duplex

210 E 15th St

1330 W 14th St

1330 W 14th St

3010 S Phillips Ave
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.

808 S Grange Ave
Central Sioux Falls, Sioux Falls, SD Local Guide

How much does it cost to rent a home in Central Sioux Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Sioux Falls 2 Bedroom Homes for Rent | $1,414 | $599 | $2,200 |
| Central Sioux Falls 3 Bedroom Homes for Rent | $1,496 | $999 | $2,000 |
| Central Sioux Falls 4 Bedroom Homes for Rent | $2,061 | $1,850 | $2,500 |
| Central Sioux Falls 5 Bedroom Homes for Rent | $3,011 | $2,250 | $3,995 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Central Sioux Falls Neighborhood of Sioux Falls, SD.
Explore Sioux Falls
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. Parkway Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here are the most affordable Central Sioux Falls apartments for rent in Sioux Falls, SD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| YMCA | 1 Bedroom 1 Bathroom | 1BR,1BA | $408 |
| Parkway Apartments | Studio | Studio,1BA | $665 |
| Uptown Flats | Studio | Studio,1BA | $695 |
| Irving Center Apartments | Accessible 1 Bedroom 1 Bathroom | 1BR,1BA | $759 |
| Kings Kourt Apartments | 2 Bedroom 1 Bathroom with deck | 2BR,1BA | $795 |
Best Value Apartments for Rent in Central Sioux Falls, SD
As of January 21, 2026 the best value apartment in the Central Sioux Falls area is the $0.85 price per square foot 2bd1ba Model at The Whitney in the in the Northwest Sioux Falls neighborhood starting from $919. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Whitney | 2bd1ba | 2BR,1BA | $0.85 |
| Prescott Place Apartments, LLC | 2Bed/2Bath | 2BR,2BA | $1.48 |
| Shriver Square - Lavish Living | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.47 |
| Pinnacle Point Apartments | 1 Bedroom 1 Bathroom + Den Apartment (F) | 1BR,1BA | $1.20 |
| Kings Kourt Apartments | 1 Bedroom 1 Bedroom | 1BR,1BA | $1.09 |
| Third Avenue Lofts | 1B1B | 1BR,1BA | $1.62 |
| YMCA | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.56 |
| Beadle West Apartments | 1B - 1 Bedroom | 1BR,1BA | $1.55 |
| Irving Center Apartments | Accessible 1 Bedroom 1 Bathroom | 1BR,1BA | $1.26 |
| Parkway Apartments | Studio | Studio ,1BA | $1.48 |
Frequently Asked Questions about Central Sioux Falls
What type of rentals are currently available in Central Sioux Falls?
There are currently 93 Apartments for Rent in Central Sioux Falls, SD with pricing that ranges from $599 to $3,207. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Sioux Falls ranging from $599 to $3,995.
What is the current price range for Rental Homes in Central Sioux Falls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Sioux Falls ranges from $599 to $3,995 with an average monthly rent of $1,784.
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 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.

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.

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.