Studio Apartments for Rent in the Downtown Sioux Falls Neighborhood of Sioux Falls, SD (21 Rentals)

The Dakota Flats at Cherapa Place

The Clark Lofts at Cherapa Place

Shriver Square - Lavish Living

The District Lofts
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The Cascade at The Steel District

Parkway Apartments

River Tower Apartments
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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.
Downtown Sioux Falls, Sioux Falls, SD Local Guide

How much does it cost to rent an apartment in Downtown Sioux Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Downtown Sioux Falls Studio Apartments | $1,068 | $599 | $1,871 |
| Downtown Sioux Falls 1 Bedroom Apartments | $1,342 | $648 | $3,000 |
| Downtown Sioux Falls 2 Bedroom Apartments | $1,987 | $895 | $4,400 |
| Downtown Sioux Falls 3 Bedroom Apartments | $2,170 | $1,500 | $3,207 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Downtown Sioux Falls Neighborhood of Sioux Falls, SD.
See all Apartments in Sioux FallsExplore Sioux Falls
Downtown Sioux Falls, Sioux Falls, SD Local Guide
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Largest Available Downtown Sioux Falls Studio Apartments
The largest available Studio apartment unit in the Downtown Sioux Falls area of Sioux Falls, SD is found at The Clark Lofts at Cherapa Place and is listed at 549 square feet priced from $1,125. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Clark Lofts at Cherapa Place | Studio | 549 Sq Ft | $1,125 |
| The Dakota Flats at Cherapa Place | Studio 1 | 534 Sq Ft | $1,200 |
| The Cascade at The Steel District | Yellowstone | 530 Sq Ft | $1,212 |
| The One2 | Studio | 482 Sq Ft | $925 |
| Parkway Apartments | Studio | 450 Sq Ft | $665 |
Cheapest Available Downtown Sioux Falls Studio Apartments
Currently the lowest priced Studio apartment unit Downtown Sioux Falls of Sioux Falls, SD is the Rushmore Model starting from $599 at Falls View Apartments. The average price for all Studio apartments in Downtown Sioux Falls is currently $1,068. Here is today’s list of the cheapest available Studio options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Falls View Apartments | Rushmore | $599 |
| Albert House | Studio | $650 |
| River Tower Apartments | Studio | $659 |
| Parkway Apartments | Studio | $665 |
| The Cascade at The Steel District | The Banksy | $900 |
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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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.
Pet Friendly LifestyleDowntown Sioux Falls, Sioux Falls, SD
Ranked #4
Among cities in South Dakota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Downtown Sioux Falls Neighborhood in Sioux Falls, SD
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
79 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
35 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Studio Downtown Sioux Falls Apartments
What is the Cheapest apartment in Downtown Sioux Falls with Studio?
Currently the most affordable Studio in Downtown Sioux Falls is at Falls View Apartments listed at $599.
How much is the average rent for a Studio Downtown Sioux Falls Apartment?
The average rent for a Studio Apartment in Downtown Sioux Falls is $1,068.
What is the largest available Studio Downtown Sioux Falls Apartment for rent?
Today's apartment with the most square footage in Downtown Sioux Falls is a 549 square feet unit starting from $1,125 at The Clark Lofts at Cherapa Place.
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.

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!













