Cheap Apartments for Rent in the Southwest Sioux Falls Neighborhood of Sioux Falls, SD from $500 (47 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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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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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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3609 S Cathy Ave
1 to 2 Bedroom Apartments

3609 S Cathy Ave

3609 S Cathy AveSioux Falls, SD 57106
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Meadowland Apartments
1 to 3 Bedroom Apartments

Meadowland Apartments

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

5401 W 56th St

5401 W 56th StSioux 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
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29 Flats
1 to 3 Bedroom Apartments

29 Flats

5400 S Marion RdSioux Falls, SD 57106

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.

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Showing Results 1-47, 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 Studio unit found at The Velthuis priced from $750. Pebble Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Southwest Sioux Falls apartments for rent in Sioux Falls, SD:

Apartment ListingModel NameBed/BathPriced From
The VelthuisStudio ApartmentStudio,1BA$750
Pebble Creek Apartments1BR/1BA1BR,1BA$775
The Oaks ApartmentsC 1x11BR,1BA$800
Gateway Apartments1BR/1.0BA1BR,1BA$800
Autumn ParkA31BR,1BA$843
Heritage Place Apartments2 Bedroom 1 Bath2BR,1BA$850
Penbrooke PlaceB32BR,2BA$859
The CommonsApartment Style StudioStudio,1BA$865
Windsor Heights Apartments1 Bedroom 1 Bathroom1BR,1BA$875
Bennington Hill ApartmentsEllison1BR,1BA$900

Best Value Apartments for Rent in Southwest Sioux Falls, SD

As of June 10, 2026 the best value apartment in the Southwest Sioux Falls area is the $1.05 price per square foot 4 Bedroom 2.5 Bathroom Model at Spring Townhomes in the in the Southwest Sioux Falls neighborhood starting from $2,185. The second greatest value Southwest Sioux Falls apartment is the 3 Bedroom 1.5 Bath Twinhome Model at Cottage West Twin Homes starting at $1,406 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.
Spring Townhomes4 Bedroom 2.5 Bathroom4BR,2.5BA$1.05
Cottage West Twin Homes3 Bedroom 1.5 Bath Twinhome3BR,1.5BA$0.88
29 Flats2 Bedroom 2.5 Bathroom Townhome2BR,2.5BA$1.12
Royal Oak Apartments2 Bedrooms / 2 Bathrooms2BR,2BA$1.11
Creekstone FallsB12BR,2BA$1.00
Oakwood Estates2 Bedroom 2 Bathroom B2BR,2BA$0.77
Heritage Place Apartments2 Bedroom 1 Bath2BR,1BA$0.94
Pebble Creek Apartments1BR/1BA1BR,1BA$0.91
4801 W 40th St, Unit Belitz Apartments4801 W 40th St2BR,1BA$1.13
The Oaks ApartmentsC 1x11BR,1BA$1.11

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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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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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 a cheap apartment in Southwest Sioux Falls?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Sioux Falls is under $900.

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 $1,475.

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 $855 which is $620 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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.