Cheap Homes for Rent in Sioux Falls, SD from $600 (33 Rentals)

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Search the lowest-cost Homes available for rent right now in Sioux Falls.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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.

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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.

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Sioux Falls, SD Local Guide

Cheapest Neighborhoods for Apartments in Sioux Falls, SD

Pricing Updated: 06/21/2025

Current apartment rentals in the Sioux Falls, SD area range in price from $500 to $5,519 with an overall median price of $1,829. The three Sioux Falls neighborhoods with the lowest median rent pricing are East Sioux Falls at $546, Empire Mall at $685, and Southwest Sioux Falls at $685. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Sioux Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
East Sioux Falls$1,126$54646
Empire Mall$1,144$68575
Southwest Sioux Falls$1,248$68591
Crown Pointe$1,345$650241
Prairie Tree$1,365$685144
Western Mall$1,400$685318
Central Sioux Falls$1,600$600180
Southeast Sioux Falls$1,613$650246
Northwest Sioux Falls$1,695$500339
Downtown Sioux Falls$2,428$650294

Cheapest Available Sioux Falls Apartments for Rent

 

The cheapest available apartment rental in Sioux Falls, SD is a 1 Bed unit found at Technology Heights Apartments in the Northwest Sioux Falls neighborhood priced from $471. Turning Leaf in the Northeast Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Sioux Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Technology Heights Apartments1 Bedroom / 1 Bathroom1BR,1BA$471
Turning LeafOnly $500 for rent!1BR,1BA$500
Arnold's Park Apartments1BR $500// 2BR $600!! Deposit same as rent1BR,1BA$500
Taylor's Place ApartmentsRent today for only $550!!!1BR,1BA$550
Timbercreek (TIM1908)$550 MONTHLY RENT1BR,1BA$550
Jefferson Village2 Bedroom 1 Bathroom2BR,1BA$552
Norton Estates2/1.52BR,1BA$597
Forty One Flats2 Bedroom 2 Bathroom2BR,2BA$612
Legacy Village ApartmentsOne Bedroom B1BR,1BA$625
Washington Heights ApartmentsStudioStudio,1BA$639

Best Value Apartments for Rent in Sioux Falls, SD

As of June 21, 2025 the best value apartment in the Sioux Falls area is the $0.74 price per square foot 3 Bedrooms / 2 Bathrooms Model at YMCA in the in the Central Sioux Falls neighborhood starting from $907. The second greatest value Sioux Falls apartment is the Sandy Creek Apartments 3 Bedroom 2 Bath Model at Sandy Creek (SAN320N) starting at $700 with a $0.64 price per square foot in the Northwest Sioux Falls neighborhood. Here is today’s list of the best values for Sioux Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
YMCA3 Bedrooms / 2 Bathrooms3BR,2BA$0.74
Sandy Creek (SAN320N)Sandy Creek Apartments 3 Bedroom 2 Bath3BR,2BA$0.64
Jefferson Village3 Bedroom 2 Bathroom3BR,2BA$0.80
The Grove at Ellis Crossing3 Bedroom 2 Bathroom3BR,2BA$0.60
Pebble Creek Apartments - 54052BR/1.0BA2BR,1BA$0.82
Taylor's Place ApartmentsRent today for only $550!!!1BR,1BA$0.69
Forty One Flats2 Bedroom 2 Bathroom2BR,2BA$0.77
Arnold's Park Apartments1BR $500 2 BR $600 !!! Deposit same as rent2BR,1BA$0.77
Technology Heights Apartments1 Bedroom / 1 Bathroom1BR,1BA$0.66
Timbercreek (TIM1908)$550 MONTHLY RENT1BR,1BA$0.79

Quick Rent Budget Calculator

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Frequently Asked Questions about Sioux Falls

What type of rentals are currently available in Sioux Falls?

There are currently 552 Apartments for Rent in Sioux Falls, SD with pricing that ranges from $500 to $5,519. There are also 157 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sioux Falls ranging from $650 to $4,995.

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 $4,995 with an average monthly rent of $1,920.

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 $900 to $4,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $4,950. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,126.

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.

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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.