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Apartments for Rent in Sioux Falls, SD under $500

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  • Studio $391+
    1 bd $416+
    Base rent Income restricted
    Verified Listing

    YMCA

    3.0 (2)
    230 S Minnesota Ave, Sioux Falls, SD 57104
    Apply online • Dishwasher • Air conditioner
  • 1 bd $466+
    Base rent Income restricted
    Verified Listing

    Minnesota Apartments

    822 N Minnesota Avenue, Sioux Falls, SD 57104
    Dishwasher • Air conditioner • Laundry Facilities
  • Ask for pricing
    Income restricted
    Verified Listing

    The Grove At Ellis Crossing

    4.5 (1)
    8600 W 41St Street, Sioux Falls, SD 57106
    In unit laundry • Dishwasher • Air conditioner
  • 1 bd $475+
    Base rent Income restricted
    Verified Listing

    Dakota Ridge Apartments

    4.0 (3)
    1309 N Cleveland Avenue, Sioux Falls, SD 57103
    Pet friendly • Dishwasher • Air conditioner
  • Ask for pricing
    Income restricted
    Verified Listing

    Technology Heights Apartments

    4.5 (1)
    3815 N Potter Avenue, Sioux Falls, SD 57107
    In unit laundry • Dishwasher • Air conditioner
  • 1 bd $487+
    Base rent Income restricted
    Verified Listing

    Trinity Point

    4.5 (1)
    5450 E Blarney Place, Sioux Falls, SD 57110
    In unit laundry • Dishwasher • Air conditioner
  • 6-0-city
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Frequently asked questions

What are the best apartments in Sioux Falls, SD?

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

What type of rental buildings are in Sioux Falls, SD?

In Sioux Falls, 40% of the residents are renting compared to 60% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 17% of Sioux Falls's rentals, 70% are small-scale complexes with under 50 units, and 11% are single-family rentals.

Apartments in Sioux Falls, SD under $500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 6 apartments for rent in Sioux Falls, SD on which you’ll spend less than $500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $500

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $500. The average rental size in Sioux Falls, SD is 938 Sqft, but the $500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.