723 S 4th Ave
Sioux FallsSD57104
Cheap Homes for Rent in Downtown Sioux Falls Neighborhood of Sioux Falls, SD from $600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Sioux Falls area of Sioux Falls.
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.
132 S Dakota Ave, Unit 304
132 S Dakota Ave
Sioux FallsSD57104
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.
225 N Spring Ave
Sioux FallsSD57104
Showing Results 1-3, Page 1 of 1
Downtown Sioux Falls, Sioux Falls, SD Local Guide
How much does it cost to rent a home in Downtown Sioux Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Sioux Falls 2 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
| Downtown Sioux Falls 3 Bedroom Homes for Rent | $1,433 | $1,400 | $1,475 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Sioux Falls Neighborhood of Sioux Falls, SD.
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Downtown Sioux Falls, Sioux Falls, SD Local Guide
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Best Value Apartments for Rent in Downtown Sioux Falls, SD
As of October 05, 2025 the best value apartment in the Downtown Sioux Falls area is the $0.64 price per square foot 3 Bedrooms / 2 Bathrooms Model at Minnesota Apartments in the in the Northeast Sioux Falls neighborhood starting from $801. The second greatest value Downtown Sioux Falls apartment is the 2 Bedrooms / 2 Bathrooms Model at Larson Square Lofts starting at $1,695 with a $1.47 price per square foot in the Northeast Sioux Falls neighborhood. Here is today’s list of the best values for Downtown Sioux Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Minnesota Apartments | 3 Bedrooms / 2 Bathrooms | 3BR,2BA | $0.64 |
| Larson Square Lofts | 2 Bedrooms / 2 Bathrooms | 2BR,2BA | $1.47 |
| Prescott Place Apartments, LLC | 2Bed/2Bath | 2BR,2BA | $1.48 |
| Uptown Exchange Lofts | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Phillips Avenue Lofts | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.45 |
| Dakota Lofts Downtown | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.25 |
| Pinnacle Point Apartments | 1 Bedroom 1 Bathroom Apartment (C) | 1BR,1BA | $1.43 |
| 400 N Spring ave, Unit 1 | 400 N Spring ave | 1BR,1BA | $1.32 |
| Parkway Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.45 |
| Falls View Apartments | Olympic | 1BR,1BA | $1.23 |
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Pet Friendly LifestyleDowntown Sioux Falls, Sioux Falls, SD
Ranked #7
Among cities in South Dakota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Downtown Sioux Falls
What type of rentals are currently available in Downtown Sioux Falls?
There are currently 67 Apartments for Rent in Downtown Sioux Falls, SD with pricing that ranges from $648 to $4,250. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Sioux Falls ranging from $650 to $1,850.
What is the current price range for Rental Homes in Downtown Sioux Falls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Sioux Falls ranges from $650 to $1,850 with an average monthly rent of $1,394.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.