
Cheap Homes for Rent in Central Sioux Falls Neighborhood of Sioux Falls, SD from $500 (12 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

723 S 4th Ave

623 S Prairie Ave

Spacious 2 Bedroom Apartment

Spacious 2 Bedroom 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.

425 S Prairie Ave

610 S Grange Ave

527 S Menlo Ave

625 S Prairie Ave

803 S 1st Ave
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.
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 | $1,407 | $599 | $2,200 |
| Central Sioux Falls 3 Bedroom Homes for Rent | $1,508 | $999 | $1,995 |
| Central Sioux Falls 4 Bedroom Homes for Rent | $2,025 | $1,950 | $2,100 |
| Central Sioux Falls 5 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Central Sioux Falls Neighborhood of Sioux Falls, SD.
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Central Sioux Falls, Sioux Falls, SD Local Guide
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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 Irving Center Apartments priced from $654. 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 |
|---|---|---|---|
| Irving Center Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $654 |
| Parkway Apartments | Studio | Studio,1BA | $665 |
| Uptown Flats | Studio | Studio,1BA | $695 |
| Kings Kourt Apartments | 2 Bedroom 1 Bathroom with deck | 2BR,1BA | $795 |
| Pinnacle Point Apartments | 1 Bedroom 1 Bathroom Apartment (C) | 1BR,1BA | $812 |
Best Value Apartments for Rent in Central Sioux Falls, SD
As of December 07, 2025 the best value apartment in the Central Sioux Falls area is the $1.44 price per square foot 2 Bedrooms, 2 Bathrooms Model at Shriver Square - Lavish Living in the in the Central Sioux Falls neighborhood starting from $1,995. The second greatest value Central Sioux Falls apartment is the 2bd1ba Model at The Whitney starting at $895 with a $0.83 price per square foot in the Northwest 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. |
|---|---|---|---|
| Shriver Square - Lavish Living | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.44 |
| The Whitney | 2bd1ba | 2BR,1BA | $0.83 |
| The Carpenter | 1BR/1.0BA | 1BR,1BA | $1.51 |
| Prescott Place Apartments, LLC | 2Bed/2Bath | 2BR,2BA | $1.48 |
| Kings Kourt Apartments | 1 Bedroom 1 Bedroom | 1BR,1BA | $1.09 |
| Irving Center Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.82 |
| Beadle West Apartments | 1B - 1 Bedroom | 1BR,1BA | $1.55 |
| Pinnacle Point Apartments | 1 Bedroom 1 Bathroom Apartment (C) | 1BR,1BA | $1.23 |
| Parkway Apartments | Studio | Studio ,1BA | $1.48 |
| Uptown Flats | Studio | Studio ,1BA | $2.26 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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.
Best Local Schools in Central Sioux Falls, Sioux Falls, SD
Susan B. Anthony Elementa
Lincoln High School - 02
Patrick Henry Middle School - 07
School data provided by Great Schools
Frequently Asked Questions about Central Sioux Falls
What type of rentals are currently available in Central Sioux Falls?
There are currently 87 Apartments for Rent in Central Sioux Falls, SD with pricing that ranges from $615 to $3,207. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Sioux Falls ranging from $599 to $2,250.
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 $2,250 with an average monthly rent of $1,599.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
