723 S 4th Ave
Sioux FallsSD57104
Cheap Homes for Rent in Sioux Falls, SD from $650 (28 Rentals)
Search the lowest-cost Homes available for rent right now in Sioux Falls.
800 W 12th St
Sioux FallsSD57104
927 S Spring Ave
Sioux FallsSD57104
112 N Prairie Ave
Sioux FallsSD57104
1304 E 4th St
Sioux FallsSD57103
440 S Western Ave
Sioux FallsSD57104
705 W 18th St
Sioux FallsSD57105
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$7752 Bedroom Apartments Available Oct 21
3711 S Cathy Ave, Unit 4
3711 S Cathy AveSioux Falls, SD 57106
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$7992 Bedroom Apartments Available Now
3709 S Cathy Ave, Unit 3
3709 S Cathy AveSioux Falls, SD 57106
120 S Garfield Ave
Sioux FallsSD57104
708 S Euclid Ave
Sioux FallsSD57104
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$9002 Bedroom Apartments Available Now
3709 S Cathy Ave, Unit 1
3709 S Cathy AveSioux Falls, SD 57106
2606 S Duluth Ave
Sioux FallsSD57105
2508 S Cliff Ave
Sioux FallsSD57105
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
1215 S Willow Ave
Sioux FallsSD57105
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$9651 Bedroom Apartments Available Now
303 Tiger Way Pl
303 Tiger Way PlHarrisburg, SD 57032
527 S Hawthorne Ave
Sioux FallsSD57104
605 N Franklin Ave
Sioux FallsSD57103
102 Haley Ct
TeaSD57064
1411 S Duluth Ave
Sioux FallsSD57105
705 E. 19th Street
Sioux FallsSD57105
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
3708 S Terry Ave, Unit 102
3708 S Terry Ave
Sioux FallsSD57106
409 S Holly Ave
Sioux FallsSD57104
328 N Blauvelt Ave
Sioux FallsSD57103
821 W 15th St
Sioux FallsSD57104
1005 S Center Ave
Sioux FallsSD57105
1117 S Van Eps Ave
Sioux FallsSD57105
612 E 6th St
Sioux FallsSD57103
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Showing Results 1-28, Page 1 of 1
Sioux Falls, SD Local Guide
How much does it cost to rent a home in Sioux Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sioux Falls 2 Bedroom Homes for Rent | $1,482 | $800 | $3,850 |
| Sioux Falls 3 Bedroom Homes for Rent | $1,800 | $1,195 | $2,700 |
| Sioux Falls 4 Bedroom Homes for Rent | $2,136 | $1,395 | $2,700 |
| Sioux Falls 5 Bedroom Homes for Rent | $2,757 | $1,695 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Sioux Falls, SD Local Guide
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Cheapest Neighborhoods for Homes in Sioux Falls, SD
Pricing Updated: 09/24/2026Current rental homes in the Sioux Falls, SD area range in price from $650 to $5,000 with an overall median price of $1,650. The three Sioux Falls neighborhoods with the lowest median rent pricing are Central Sioux Falls at $1,395, Northwest Sioux Falls at $1,395, and Northeast Sioux Falls at $1,450. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Sioux Falls Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Central Sioux Falls | $1,395 | $650 | 22 |
| Northwest Sioux Falls | $1,395 | $695 | 15 |
| Northeast Sioux Falls | $1,450 | $750 | 7 |
| Downtown Sioux Falls | $1,475 | $650 | 4 |
| East Sioux Falls | $1,599 | $1,195 | 4 |
| Crown Pointe | $1,697 | $750 | 19 |
| Western Mall | $1,699 | $1,395 | 1 |
| Southeast Sioux Falls | $1,795 | $650 | 12 |
| Southwest Sioux Falls | $2,050 | $1,950 | 3 |
| Empire Mall | $2,300 | $1,950 | 1 |
Cheapest Available Sioux Falls Homes for Rent
The cheapest available rental home in Sioux Falls, SD is a 2 Beds home found at 2200 N Main Ave priced from $1,361. 4920 S Klein Ave has the second lowest priced home, which is a 2 Beds rental home currently listed from $1,400. Here is today’s list of the most affordable Sioux Falls homes for rent:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2200 N Main Ave | 2200 N Main Ave | 2BR, 2BA | $1,361 |
| 4920 S Klein Ave | 4920 S Klein Ave | 2BR, 1BA | $1,400 |
| 9654 W Tunis Dr | 9654 W Tunis Dr | 2BR, 1BA | $1,595 |
Best Value Homes for Rent in Sioux Falls, SD
As of September 24, 2026 the best value rental home in the Sioux Falls area is the $0.98 price per square foot 5505 W Rebecca St Model at 5505 W Rebecca St in the Southwest Sioux Falls neighborhood starting from $2,100. The second greatest value Sioux Falls rental home is the 4005 S Glenview Rd Model at 4005 S Glenview Rd in the Southeast Sioux Falls neighborhood starting at $2,300 with a $1.10 price per square foot. Here is today’s list of the best values for Sioux Falls homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5505 W Rebecca St | 5505 W Rebecca St | 4BR, 2BA | $0.98 |
| 4005 S Glenview Rd | 4005 S Glenview Rd | 4BR, 2BA | $1.10 |
| 5901 S Mandy Ave | 5901 S Mandy Ave | 4BR, 2BA | $1.08 |
| 3205 N Aurora Ave | 3205 N Aurora Ave | 4BR, 2BA | $0.98 |
| 1411 S Duluth Ave | 1411 S Duluth Ave | 2BR, 1BA | $0.56 |
| 5503 W Rebecca St | 5503 W Rebecca St | 3BR, 2.5BA | $1.01 |
| 4109 N Alaska Ave | 4109 N Alaska Ave | 4BR, 2BA | $1.09 |
| 9666 W Tunis Dr | 9666 W Tunis Dr | 3BR, 1.5BA | $1.01 |
| 2206 S Holt Ave | 2206 S Holt Ave | 3BR, 2BA | $1.00 |
| 2200 N Main Ave | 2200 N Main Ave | 2BR, 2.5BA | $1.02 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Sioux Falls, SD Area Reviews
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Ashley • 4+ years in Sioux Falls
October 22, 2025Sioux Falls is an affordable Midwestern city with lots to offer! The Downtown area has tons of local shops and restaurants, and I love visiting Falls Park in the winter. It's a great place to live!
Frequently Asked Questions about Sioux Falls
What type of rentals are currently available in Sioux Falls?
There are currently 605 Apartments for Rent in Sioux Falls, SD with pricing that ranges from $546 to $5,491. There are also 141 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sioux Falls ranging from $650 to $5,000.
What is the current price range for Rental Homes in Sioux Falls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sioux Falls ranges from $650 to $5,000 with an average monthly rent of $1,767.
How much are larger Three and Four Bedroom Rentals in Sioux Falls?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Sioux Falls range from $795 to $5,491, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,475.
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 Expert's 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.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.