Apartments for Rent in Sioux Falls, SD

Prices and availability in Sioux Falls, SD were last updated on 24 Oct 2026.

The best apartments in Sioux Falls, SD are: Benson Village Townhomes, Carlton at Dawley, Willows Edge Commons, The Boundary and The Commons.

The average rent in Sioux Falls, SD is $1,074.

The price range for a studio apartment in Sioux Falls, SD is between $391 and $2,499.

The price range for a 1-bedroom apartment in Sioux Falls, SD is between $391 and $2,770.

The price range for a 2-bedroom apartment in Sioux Falls, SD is between $475 and $3,735.

The price range for a 3-bedroom apartment in Sioux Falls, SD is between $391 and $3,801.

In Sioux Falls 40% of the housing is rented out compared to 60% of homes are owned, according to the most recent Census Bureau estimates. 17% of Sioux Falls's apartments are found in large buildings of 50 units or more, 70% are located in smaller apartment complexes with less than 50 units, and 11% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Sioux Falls are about 21 years old, on average. Of these, 63% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 97% of the rental communities here are low-rise, garden-style communities, 3% are mid-rises, and 0.9% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Sioux Falls are around 3% of rentals, while 1-bedroom floor plans represent 38% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 47% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.