Apartments for Rent in Sioux Falls, SD

Prices and availability in Sioux Falls, SD were last updated on 18 Jun 2026.

The best apartments in Sioux Falls, SD are: Graystone Townhomes, Benson Village Townhomes, The Overture on Cliff, Silos at Ellis Crossing and Carlton at Dawley.

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

The price range for a studio apartment in Sioux Falls, SD is between $665 and $3,041.

The price range for a 1-bedroom apartment in Sioux Falls, SD is between $473 and $2,860.

The price range for a 2-bedroom apartment in Sioux Falls, SD is between $475 and $3,514.

The price range for a 3-bedroom apartment in Sioux Falls, SD is between $473 and $3,041.

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. 16% 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 12% are single-family rentals.

The average age of rental buildings in Sioux Falls is 21 years old, with 63% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 97% are garden-style apartment communities, 3% are mid-sized buildings, and 0.9% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Sioux Falls come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 38% of the total apartments in the city, while 2-bedroom floorplans represent around 47% of all rentals in Sioux Falls. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.