Apartments for Rent in Sioux Falls, SD

Prices and availability in Sioux Falls, SD were last updated on 22 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 $2,530.

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 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 16% of Sioux Falls's rentals, 70% are small-scale complexes with under 50 units, and 12% 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.