
Cheap Homes for Rent in Downtown Sioux Falls Neighborhood of Sioux Falls, SD from $700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Sioux Falls area of Sioux Falls.


302 N Spring Ave
Downtown Sioux Falls, Sioux Falls, SD Local Guide

How much does it cost to rent a home in Downtown Sioux Falls?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Sioux Falls 2 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Downtown Sioux Falls 3 Bedroom Homes for Rent | $1,459 | $1,350 | $1,599 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Sioux Falls Neighborhood of Sioux Falls, SD.
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Downtown Sioux Falls, Sioux Falls, SD Local Guide
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Best Value Apartments for Rent in Downtown Sioux Falls, SD
As of April 06, 2025 the best value apartment in the Downtown Sioux Falls area is the $0.93 price per square foot 1BR/1.0BA Model at Eastern Hills Apartments in the in the East Sioux Falls neighborhood starting from $950. The second greatest value Downtown Sioux Falls apartment is the 2Bed/2Bath Model at Prescott Place Apartments, LLC starting at $1,375 with a $1.42 price per square foot in the Central Sioux Falls neighborhood. Here is today’s list of the best values for Downtown Sioux Falls apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Eastern Hills Apartments | 1BR/1.0BA | 1BR,1BA | $0.93 |
Prescott Place Apartments, LLC | 2Bed/2Bath | 2BR,2BA | $1.42 |
Uptown Exchange Lofts | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.48 |
Minnesota Apartments | 2 Bedrooms / 1 Bathroom | 2BR,1BA | $1.00 |
The Residences at Security National | 1Bed/1Bath | 1BR,1BA | $1.34 |
Dakota Lofts Downtown | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.47 |
PRAIRIE POINTE APARTMENTS | 1BR/1.0BA | 1BR,1BA | $1.18 |
500 S Dakota Avenue | 1bd1ba | 1BR,1BA | $1.33 |
Parkway Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.45 |
Falls View Apartments | Olympic | 1BR,1BA | $1.26 |
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Frequently Asked Questions about Downtown Sioux Falls
What type of rentals are currently available in Downtown Sioux Falls?
There are currently 66 Apartments for Rent in Downtown Sioux Falls, SD with pricing that ranges from $559 to $5,247. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Sioux Falls ranging from $750 to $2,500.
What is the current price range for Rental Homes in Downtown Sioux Falls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Sioux Falls ranges from $750 to $2,500 with an average monthly rent of $1,477.
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.

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.

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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.