Cheap Apartments for Rent in the Southwest Sioux Falls Neighborhood of Sioux Falls, SD from $500 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southwest Sioux Falls area of Sioux Falls.

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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.

property at 5503 W Rebecca St
$1,999

Total Monthly Price

Base Rent$1,999

Total Monthly Price$1,999
3 Bedroom, 2.5 Bath Townhome for Rent
Available Now
Luxury

5503 W Rebecca St

Sioux FallsSD57106
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Meadowland Apartments
1 to 3 Bedroom Apartments

Meadowland Apartments

3601 S Marion RdSioux Falls, SD 57106
  • Utilities Included

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.

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5401 W.56TH (PC3)
2 Bedroom Apartments

5401 W.56TH (PC3)

5401 W 56th StSioux Falls, SD 57106
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Baha Townhomes
2 to 3 Bedroom Apartments

Baha Townhomes

4617 S Baha AveSioux Falls, SD 57106
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29 Flats
1 to 3 Bedroom Apartments

29 Flats

5400 S Marion RdSioux Falls, SD 57106
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Royal Oak Apartments
1 to 2 Bedroom Apartments

Royal Oak Apartments

4902 S Oxbow AveSioux Falls, SD 57106
  • Utilities Included

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.

Southwest Sioux Falls, Sioux Falls, SD Local Guide

Cheapest Available Southwest Sioux Falls Apartments for Rent

 

The cheapest available apartment rental in the Southwest Sioux Falls area of Sioux Falls, SD is a Studio unit found at The Oaks Apartments priced from $725. Oakwood Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $763. Here are the most affordable Southwest Sioux Falls apartments for rent in Sioux Falls, SD:

Apartment ListingModel NameBed/BathPriced From
The Oaks ApartmentsA 0x1Studio,1BA$725
Oakwood Estates2 Bedroom 1 Bathroom B2BR,1BA$763
Autumn ParkA11BR,1BA$764
Gateway Apartments1BR/1.0BA1BR,1BA$775
Pebble Creek Apartments1BR/1BA1BR,1BA$775
Pinehurst Apartments1bd1ba1BR,1BA$815
Penbrooke PlaceA11BR,1BA$836
Golden Creek Apartments1Bd/1Ba1BR,1BA$845
Creekstone FallsA21BR,1BA$846
Heritage Place Apartments2 Bedroom 1 Bath2BR,1BA$850

Best Value Apartments for Rent in Southwest Sioux Falls, SD

As of September 10, 2026 the best value apartment in the Southwest Sioux Falls area is the $1.03 price per square foot 3 Bedroom 2 Bath Twinhome Model at Cottage West Twin Homes in the in the Southwest Sioux Falls neighborhood starting from $1,652. The second greatest value Southwest Sioux Falls apartment is the 2 Bedroom 2 Bathroom Model at Sierra Vista Apartments starting at $982 with a $0.88 price per square foot in the Southwest Sioux Falls neighborhood. Here is today’s list of the best values for Southwest Sioux Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cottage West Twin Homes3 Bedroom 2 Bath Twinhome3BR,2BA$1.03
Sierra Vista Apartments2 Bedroom 2 Bathroom2BR,2BA$0.88
Oxbow Park Apartments2 Bedroom 2 Bathroom2BR,2BA$1.03
5401 W.56TH (PC3)2BR/1.0BA2BR,1BA$0.86
3600 S Gateway Blvd, Unit 1023600 S Gateway Blvd2BR,1BA$1.00
Oakwood Estates2 Bedroom 1 Bathroom B2BR,1BA$0.78
Heritage Place Apartments2 Bedroom 1 Bath2BR,1BA$0.94
Creekstone FallsA21BR,1BA$0.99
Pinehurst Apartments1bd1ba1BR,1BA$0.96
Pebble Creek Apartments1BR/1BA1BR,1BA$0.91

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.

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Real 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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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.

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Pet Friendly Lifestyle
Southwest Sioux Falls, Sioux Falls, SD

Ranked #7

Among cities in South Dakota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Southwest Sioux Falls, Sioux Falls, and the greater Sioux Falls area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Southwest Sioux Falls Apartments

What is the price of a cheap apartment in Southwest Sioux Falls?

The cheapest apartment in Southwest Sioux Falls is Autumn Park which is listed at $764, while the average apartment in Southwest Sioux Falls costs $995.

What types of apartments are the cheapest in Southwest Sioux Falls?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Southwest Sioux Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Southwest Sioux Falls?

Cheap apartments in Southwest Sioux Falls have an average cost of $797 which is $198 cheaper than the average rent for all rentals in Southwest Sioux Falls.

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

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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.

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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.

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.