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studio apartments
Last updated July 10 2020 at 9:46 PM

4 Studio Apartments for rent in Sioux Falls, SD

Verified
Last updated July 10 at 09:37pm
12 Units Available
Woodlake Apartments
4008 S Louise Ave, Sioux Falls, SD
Studio
$635
525 sqft
Enjoy living in the shopping corridor of Sioux Falls! Woodlake Apartments is located across from the Sioux Empire Mall and within minutes of excellent restaurants and entertainment.
Verified
Last updated July 10 at 09:37pm
13 Units Available
The Commons
6408 S Beal Avenue, Sioux Falls, SD
Studio
$695
460 sqft
Apartments and townhomes with modern features, washer/dryers and updated lighting. Located close to great schools and major roads for easy commuting. Community features a pool, community center and peaceful surroundings.
Verified
Last updated July 10 at 09:37pm
$
21 Units Available
North End East
The Cascade at Falls Park
701 N Phillips Ave, Sioux Falls, SD
Studio
$1,035
520 sqft
Now open and leasing our newest building, The Cascade is downtown Sioux Falls’ newest loft community in the Uptown Neighborhood.
Last updated April 4 at 11:14am
1 Unit Available
All Saints
815 S Main
815 South Main Avenue, Sioux Falls, SD
Studio
$600
Studio Apartment Near DTSF - This beautiful studio won't last long! This studio was recently updated. Updated flooring, cupboards, counter tops and bathroom. Designated parking spot in the back. Tenant pays electric and gas only.

July 2020 Sioux Falls Rent Report

Welcome to the July 2020 Sioux Falls Rent Report. Sioux Falls rents remained steady over the past month. In this report, we'll evaluate trends in the Sioux Falls rental market, including comparisons to similar cities nationwide.

View full Rent Report

July 2020 Sioux Falls Rent Report

Welcome to the July 2020 Sioux Falls Rent Report. Sioux Falls rents remained steady over the past month. In this report, we'll evaluate trends in the Sioux Falls rental market, including comparisons to similar cities nationwide.

Sioux Falls rents held steady over the past month

Sioux Falls rents have remained steady over the past month, but are down moderately by 0.8% year-over-year. Currently, median rents in Sioux Falls stand at $619 for a one-bedroom apartment and $767 for a two-bedroom. Sioux Falls' year-over-year rent growth lags the state average of 0.1%, as well as the national average of 0.2%.

    Sioux Falls rents more affordable than many large cities nationwide

    As rents have fallen moderately in Sioux Falls, a few large cities nationwide have seen prices increase, in some cases substantially. Sioux Falls is also more affordable than most large cities across the country.

    • Sioux Falls' median two-bedroom rent of $767 is below the national average of $1,192. Nationwide, rents have held steady over the past year.
    • While rents in Sioux Falls fell moderately over the past year, the city of Phoenix saw an increase of 1.9%.
    • Renters will find more reasonable prices in Sioux Falls than most large cities. For example, San Francisco has a median 2BR rent of $3,035, which is nearly four times the price in Sioux Falls.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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