Cheap Homes for Rent in Sioux Falls, SD from $600 (22 Rentals)

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Sioux Falls, SD Local Guide

Cheapest Neighborhoods for Apartments in Sioux Falls, SD

Pricing Updated: 04/17/2025

Current apartment rentals in the Sioux Falls, SD area range in price from $450 to $5,302 with an overall median price of $2,006. The three Sioux Falls neighborhoods with the lowest median rent pricing are Empire Mall at $665, Western Mall at $600, and Northwest Sioux Falls at $450. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Sioux Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Empire Mall$1,335$665185
Western Mall$1,335$600140
Northwest Sioux Falls$1,395$450375
Prairie Tree$1,410$600225
Southwest Sioux Falls$1,429$665159
East Sioux Falls$1,475$450377
Mystic Meadows$2,100$450197
Northeast Sioux Falls$2,126$450393
Central Sioux Falls$2,450$575366
Crown Pointe$2,500$625272

Cheapest Available Sioux Falls Apartments for Rent

 

The cheapest available apartment rental in Sioux Falls, SD is a 1 Bed unit found at Taylor's Place Apartments in the East Sioux Falls neighborhood priced from $450. Arnold's Park Apartments in the Northwest Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $450. Here is today’s list of the most affordable Sioux Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Taylor's Place ApartmentsRent today for only $450!!!1BR,1BA$450
Arnold's Park Apartments1BR $450// 2BR $550!!Deposit same as rent1BR,1BA$450
Turning LeafOnly $450 for rent!1BR,1BA$450
Norton Estates1/11BR,1BA$497
Hidden HillsWonderful 1BD Available! Apply Today! ONLY $50...1BR,1BA$500

Best Value Apartments for Rent in Sioux Falls, SD

As of April 17, 2025 the best value apartment in the Sioux Falls area is the $0.57 price per square foot Three Bedroom Model at Horizon Apartments in the in the Northeast Sioux Falls neighborhood starting from $655. The second greatest value Sioux Falls apartment is the 2bd1ba Model at The Whitney starting at $845 with a $0.78 price per square foot in the Northwest Sioux Falls neighborhood. Here is today’s list of the best values for Sioux Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Horizon ApartmentsThree Bedroom3BR,2BA$0.57
The Whitney2bd1ba2BR,1BA$0.78
Jefferson Village3 Bedroom 2 Bathroom3BR,2BA$0.80
The Grove at Ellis Crossing3 Bedroom 2 Bathroom3BR,2BA$0.60
Taylor's Place ApartmentsRent today for only $450!!!1BR,1BA$0.56
Forty One Flats2 Bedroom 2 Bathroom2BR,2BA$0.77
Arnold's Park Apartments1BR $450// 2BR $550!!! Deposit same as rent2BR,1BA$0.71
Timbercreek (TIM1908)$500 DEPOSIT AND MARCH RENT FREE 20251BR,1BA$0.71
Norton Estates1/11BR,1BA$0.79
Turning LeafOnly $450 for rent!1BR,1BA$0.75

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Frequently Asked Questions about Sioux Falls

What type of rentals are currently available in Sioux Falls?

There are currently 546 Apartments for Rent in Sioux Falls, SD with pricing that ranges from $450 to $5,283. There are also 135 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sioux Falls ranging from $650 to $4,995.

What is the current price range for Rental Homes in Sioux Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sioux Falls ranges from $650 to $4,995 with an average monthly rent of $1,817.

How much are larger Three and Four Bedroom Rentals in Sioux Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Sioux Falls range from $700 to $4,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $4,950. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,226.

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.

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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.