Cheap Apartments for Rent in the Downtown Sioux Falls Neighborhood of Sioux Falls, SD from $500 (36 Rentals)

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

property at 910 E 10th St

910 E 10th St

Sioux FallsSD57103

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YMCA
3 Bedroom Apartments

YMCA

230 S Minnesota AveSioux Falls, SD 57104
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703 S Dakota Ave
2 Bedroom Apartments

703 S Dakota Ave

703 S Dakota AveSioux Falls, SD 57104
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The Edge On Main
1 to 2 Bedroom Apartments

The Edge On Main

638 S Main AveSioux Falls, SD 57104
  • Utilities Included
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322 E 15th St
1 Bedroom Apartments

322 E 15th St

322 E 15th StSioux Falls, SD 57104
  • Utilities Included
Showing Results 1-36, Page 1 of 1

Downtown Sioux Falls, Sioux Falls, SD Local Guide

Cheapest Available Downtown Sioux Falls Apartments for Rent

 

The cheapest available apartment rental in the Downtown Sioux Falls area of Sioux Falls, SD is a 1 Bed unit found at Falls View Apartments priced from $659. River Tower Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $706. Here are the most affordable Downtown Sioux Falls apartments for rent in Sioux Falls, SD:

Apartment ListingModel NameBed/BathPriced From
Falls View ApartmentsOlympic1BR,1BA$659
River Tower ApartmentsStudioStudio,1BA$706
Parkway Apartments1 Bedroom 1 Bathroom1BR,1BA$795
Dakota PointeB2BR,1BA$884
Minnesota Apartments2 Bedrooms / 1 Bathroom2BR,1BA$885
500 S Dakota Avenue1bd1ba1BR,1BA$925
PRAIRIE POINTE APARTMENTS1BR/1.0BA1BR,1BA$925
The One2StudioStudio,1BA$925
Eastern Hills Apartments1BR/1.0BA1BR,1BA$950
The Cascade at The Steel DistrictThe BettieStudio,1BA$1,033

Best Value Apartments for Rent in Downtown Sioux Falls, SD

As of April 17, 2025 the best value apartment in the Downtown Sioux Falls area is the $1.25 price per square foot 2 Bedrooms / 2 Bathrooms Model at Uptown Exchange Lofts in the in the Northeast Sioux Falls neighborhood starting from $1,750. The second greatest value Downtown Sioux Falls apartment is the 2BR/1.0BA Model at Eastern Hills Apartments starting at $995 with a $0.98 price per square foot in the East Sioux Falls neighborhood. Here is today’s list of the best values for Downtown Sioux Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Uptown Exchange Lofts2 Bedrooms / 2 Bathrooms2BR,2BA$1.25
Eastern Hills Apartments2BR/1.0BA2BR,1BA$0.98
Dakota PointeB2BR,1BA$0.90
Prescott Place Apartments, LLC2Bed/2Bath2BR,2BA$1.46
Minnesota Apartments2 Bedrooms / 1 Bathroom2BR,1BA$1.00
The Residences at Security National1Bed/1Bath1BR,1BA$1.34
PRAIRIE POINTE APARTMENTS1BR/1.0BA1BR,1BA$1.18
500 S Dakota Avenue1bd1ba1BR,1BA$1.33
Parkway Apartments1 Bedroom 1 Bathroom1BR,1BA$1.45
Falls View ApartmentsOlympic1BR,1BA$1.26

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Pet Friendly Lifestyle
Downtown Sioux Falls, Sioux Falls, SD

Ranked #12

Among neighborhoods in Sioux Falls, SD for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Downtown Sioux Falls Neighborhood in Sioux Falls, SD

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

79 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

35 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Downtown Sioux Falls Apartments

What is the Cheapest Studio apartment in Downtown Sioux Falls?

Currently the most affordable Cheap Studio Apartment in Downtown Sioux Falls is at River Tower Apartments listed at $706.

How much is rent for a Cheap One Bedroom Downtown Sioux Falls Apartment?

The lowest price for a Cheap One Bedroom Downtown Sioux Falls Apartment is $659 at Falls View Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Sioux Falls Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Sioux Falls is starting from $884 at Dakota Pointe.

What is the most affordable Downtown Sioux Falls Three Bedroom Apartment?

The best deal on a cheap Downtown Sioux Falls Three Bedroom Apartment rental is at The One2 and starts from $2,415.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.