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The Village at Three Fountains Gallery 1

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City Guide

The average rent for a 1 bedroom apartment in Sioux Falls is $1,057+, while the average rent for a 2 bedroom apartment is $1,305+. Rent rates updated 5 days ago

Studio: $925+
Prices trending down
1 Bed: $1,057+
Prices trending down
2 Beds: $1,305+
Prices trending down
3+ Beds: $1,523+
Prices trending down

* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

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Top neighborhoods in Sioux Falls, SD

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Frequently Asked Questions (FAQs)

In Sioux Falls, SD, the average rent is $925+ for a studio, $1,057+ for a 1-bedroom, $1,305+ for a 2-bedroom, and $1,523+ for a 3-bedroom.* For more information on rental trends in Sioux Falls, SD, check out our monthly Sioux Falls, SD Rent Report.
*Based on base prices that don’t include fees
You can find the lowest-priced apartments in Sioux Falls, SD by using the cheap apartments filter.
You can use the pet-friendly filter to find Sioux Falls, SD apartments that allow pets.
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Sioux Falls, SD.
You can use the off-campus housing filters to find apartments near colleges located in or around Sioux Falls, SD. Some of the colleges and universities in the area include University of Sioux Falls, Augustana University, and Southeast Technical Institute.

Sioux Falls Rent Report: October 2026

Welcome to the Apartment List October 2026 Rent Report for Sioux Falls, SD. Currently, the overall median rent in the city stands at $981, roughly the same as last month. Prices remain up 2.7% year-over-year. Read on to learn more about what’s been happening in the Sioux Falls rental market and how it compares to trends throughout the nation as a whole.

View full Sioux Falls Rent Report