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Sioux Falls, SD
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Apartments for rent in Sioux Falls, SD

Living in Sioux Falls

Sioux Falls offers small-city charm paired with big opportunities as South Dakota’s largest metropolitan area. Renters can enjoy downtown apartments near Falls Park with its scenic views and proximity to restaurants and shops while families often opt for suburban areas like Harrisburg or Tea for their quiet streets and strong schools. The city’s growing economy spans industries such as healthcare, finance, and manufacturing while its affordability makes it accessible to a wide range of lifestyles. With a friendly community vibe and access to outdoor spaces along the Big Sioux River, Sioux Falls is an excellent place to call home.
Life in Sioux Falls
Average rental prices
Studio
$981
1 bed
$1,159
2 beds
$1,434
3+ beds
$1,600
Great for
Families seeking affordable housing and strong schools
Young professionals in emerging industries
Retirees appreciating a welcoming atmosphere

Best Apartments in Sioux Falls

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Rental pricing trends in Sioux Falls

The average rent for a 1 bedroom apartment in Sioux Falls is $1,159, while the average rent for a 2 bedroom apartment is $1,434.

Rent rates updated 3 days ago. Averages are based on the rental prices of properties listed on Apartment List.

How many bedrooms do you need?
Availability of rentals by price
1 Bedroom
$0 1 2 3 4 5 6 7 8 9,0 1 2 3 4 5 6 7 8 90 1 2 3 4 5 6 7 8 90 1 2 3 4 5 6 7 8 9
Average rent
0 1 2 3 4 5 6 7 8 90 1 2 3 4 5 6 7 8 90 1 2 3 4 5 6 7 8 9
Units available
-2%Rent trend (YoY)(for all bed counts)

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Top neighborhoods

Downtown Sioux Falls
What it’s like to live in Downtown Sioux Falls
Renaissance energy flows through Downtown Sioux Falls, where historic buildings now house distinctive apartments alongside the developing Falls Park and riverfront districts. Many units feature industrial-chic details like exposed brick, high ceilings, and oversized windows overlooking the falls or downtown streetscapes. The walkable neighborhood offers excellent dining, shopping, and entertainment options just steps from most buildings, though winter brings serious cold requiring proper gear and cold-weather preparedness plans.
Great for
Young Professionals
Tech Workers
Nightlife Enthusiasts
Commuters
Investors
Neighborhood vibe
Urban
Bustling
Walkable