Cheap Apartments for Rent in the Southwest Sioux Falls Neighborhood of Sioux Falls, SD from $500 (44 Rentals)

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

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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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.

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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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property at 5508 W Bakker Park Dr

$1,499

Total Monthly Price

Total Monthly Price

Base Rent
$1,499
Total Monthly Price
$1,499

3 Bedroom, 2 Bath Townhome for Rent

Available Now

5508 W Bakker Park Dr

Sioux FallsSD57106

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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Meadowland Apartments
1 to 3 Bedroom Apartments

Meadowland Apartments

3601 S Marion RdSioux Falls, SD 57106
  • Utilities Included
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5401 W 56th St
2 Bedroom Apartments

5401 W 56th St

5401 W 56th StSioux Falls, SD 57106
  • Utilities Included

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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Royal Oak Apartments
1 to 2 Bedroom Apartments

Royal Oak Apartments

4902 S Oxbow AveSioux Falls, SD 57106
  • Utilities Included
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29 Flats
1 to 3 Bedroom Apartments

29 Flats

5400 S Marion RdSioux Falls, SD 57106
Showing Results 1-44, Page 1 of 1

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 1 Bed unit found at Pebble Creek Apartments priced from $775. Cathy Ave Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here are the most affordable Southwest Sioux Falls apartments for rent in Sioux Falls, SD:

Apartment ListingModel NameBed/BathPriced From
Pebble Creek Apartments1BR/1BA1BR,1BA$775
Cathy Ave Apartments2BR/1.5BA2BR,1BA$795
The Oaks ApartmentsC 1x11BR,1BA$800
Gateway Apartments1BR/1.0BA1BR,1BA$800
Heritage Place Apartments2 Bedroom 1 Bath2BR,1BA$825
Autumn ParkA31BR,1BA$840
Penbrooke PlaceA11BR,1BA$852
Creekstone FallsA11BR,1BA$873
Platinum Valley ApartmentsPlan A1BR,1BA$894

Best Value Apartments for Rent in Southwest Sioux Falls, SD

As of April 26, 2026 the best value apartment in the Southwest Sioux Falls area is the $0.85 price per square foot 3 Bedroom 1 Bath Twinhome Model at Cottage West Twin Homes in the in the Southwest Sioux Falls neighborhood starting from $1,354. The second greatest value Southwest Sioux Falls apartment is the 2 Bedroom 2.5 Bathroom Townhome Model at 29 Flats starting at $1,505 with a $1.16 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 1 Bath Twinhome3BR,1BA$0.85
29 Flats2 Bedroom 2.5 Bathroom Townhome2BR,2.5BA$1.16
Sierra Vista Apartments2 Bedroom 2 Bathroom2BR,2BA$0.84
Cathy Ave Apartments2BR/1.5BA2BR,1.5BA$0.80
Heritage Place Apartments2 Bedroom 1 Bath2BR,1BA$0.92
Pebble Creek Apartments1BR/1BA1BR,1BA$0.91
Oxbow Park Apartments1 Bedroom 1 Bathroom1BR,1BA$1.12
3604 S Cathy Ave, Unit 23604 S Cathy Ave2BR,1BA$1.09
The Oaks ApartmentsC 1x11BR,1BA$1.11
Autumn ParkA31BR,1BA$1.19

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pet Friendly Lifestyle
Southwest Sioux Falls, Sioux Falls, SD

Ranked #6

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 Pebble Creek Apartments which is listed at $775, while the average apartment in Southwest Sioux Falls costs $1,485.

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 12 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 $1,481 which is $4 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 Experts 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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.