Cheap Homes for Rent in Sioux Falls, SD from $700 (15 Rentals)

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property at 7119 56th St

7119 56th St

Sioux FallsSD57106
Showing Results 1-15, Page 1 of 1

Sioux Falls, SD Local Guide

Cheapest Neighborhoods for Apartments in Sioux Falls, SD

Pricing Updated: 03/25/2025

Current apartment rentals in the Sioux Falls, SD area range in price from $500 to $5,339 with an overall median price of $1,748. The three Sioux Falls neighborhoods with the lowest median rent pricing are Western Mall at $685, Empire Mall at $685, and Northwest Sioux Falls at $575. 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
Western Mall$1,158$685862
Empire Mall$1,361$6851107
Northwest Sioux Falls$1,364$57510823
Crown Pointe$1,371$6253303
Prairie Tree$1,397$6852414
Mystic Meadows$1,412$5008871
Southeast Sioux Falls$1,415$6256210
Southwest Sioux Falls$1,424$6851246
East Sioux Falls$1,497$5004161
Northeast Sioux Falls$2,095$5003674

Cheapest Available Sioux Falls Apartments for Rent

 

The cheapest available apartment rental in Sioux Falls, SD is a 1 Bed unit found at YMCA in the Central Sioux Falls neighborhood priced from $392. Hidden Hills in the Northeast Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Sioux Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
YMCA1 Bedroom / 1 Bathroom1BR,1BA$392
Hidden HillsWonderful 1BD Available! Apply Today! ONLY $50...1BR,1BA$500
Turning LeafMarch Rent Free!1BR,1BA$500
Taylor's Place ApartmentsMARCH RENT FREE!!!!1BR,1BA$500
Jefferson Village2 Bedroom 1 Bathroom2BR,1BA$552

Best Value Apartments for Rent in Sioux Falls, SD

As of March 25, 2025 the best value apartment in the Sioux Falls area is the $0.80 price per square foot Rushmore Model at Falls Park Apartments in the in the Northwest Sioux Falls neighborhood starting from $926. 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.
Falls Park ApartmentsRushmore3BR,2BA$0.80
The Whitney2bd1ba2BR,1BA$0.78
Maple Park Apartments & Townhomes2 Bedroom 2 Bathroom Apartment2BR,2BA$0.78
Pebble Creek Apartments - 54052BR/1.0BA2BR,1BA$0.82
Norton Estates2/1.52BR,1.5BA$0.69
Taylor's Place ApartmentsMARCH RENT FREE!!!1BR,1BA$0.63
Jefferson Village2 Bedroom 1 Bathroom2BR,1BA$0.69
Forty One Flats2 Bedroom 2 Bathroom2BR,2BA$0.77
YMCA1 Bedroom / 1 Bathroom1BR,1BA$0.54
Hidden HillsStunning 1BD W/ Vaulted Ceilings! Apply Today!...1BR,1BA$0.81

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Frequently Asked Questions about Sioux Falls

What type of rentals are currently available in Sioux Falls?

There are currently 573 Apartments for Rent in Sioux Falls, SD with pricing that ranges from $500 to $5,320. There are also 136 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sioux Falls ranging from $725 to $5,995.

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 $725 to $5,995 with an average monthly rent of $1,845.

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 $1,250 to $5,995. 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.

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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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.

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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.