Renovated 2 Bedroom 1 Bathroom Home w/ Sin
623 S 4th Ave
Sioux FallsSD57104
Cheap Homes for Rent in Downtown Sioux Falls Neighborhood of Sioux Falls, SD from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Sioux Falls area of Sioux Falls.
323 N Fairfax Ave
Sioux FallsSD57103
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.
518 W Bailey St
Sioux FallsSD57104
901 N Spring Ave
Sioux FallsSD57104
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.
Showing Results 1-4, 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 | $1,575 | $1,250 | $1,950 |
| Downtown Sioux Falls 3 Bedroom Homes for Rent | $1,495 | $1,495 | $1,495 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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 August 14, 2025 the best value apartment in the Downtown Sioux Falls area is the $1.50 price per square foot 2Bed/2Bath Model at The Residences at Security National in the in the Northeast Sioux Falls neighborhood starting from $2,400. The second greatest value Downtown Sioux Falls apartment is the 3 Bedrooms / 2 Bathrooms Model at Minnesota Apartments starting at $801 with a $0.64 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. |
|---|---|---|---|
| The Residences at Security National | 2Bed/2Bath | 2BR,2BA | $1.50 |
| Minnesota Apartments | 3 Bedrooms / 2 Bathrooms | 3BR,2BA | $0.64 |
| YMCA | 3 Bedrooms / 2 Bathrooms | 3BR,2BA | $0.76 |
| Irving Center Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.05 |
| Larson Square Lofts | 1 Bedroom / 1 Bathroom /w Den | 1BR,1BA | $1.60 |
| Prescott Place Apartments, LLC | 2Bed/2Bath | 2BR,2BA | $1.48 |
| Phillips Avenue Lofts | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.56 |
| Dakota Lofts Downtown | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.33 |
| Parkway Apartments | 1 Bedroom 1 Bathroom with Den | 1BR,1BA | $1.21 |
| Falls View Apartments | Olympic | 1BR,1BA | $1.43 |
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Frequently Asked Questions about Downtown Sioux Falls
What type of rentals are currently available in Downtown Sioux Falls?
There are currently 70 Apartments for Rent in Downtown Sioux Falls, SD with pricing that ranges from $665 to $4,241. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Sioux Falls ranging from $1,250 to $1,950.
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 $1,250 to $1,950 with an average monthly rent of $1,535.
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.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.