Apartments for Rent in Sioux Falls, SD

Prices and availability in Sioux Falls, SD were last updated on 22 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 $2,507.

The price range for a 1-bedroom apartment in Sioux Falls, SD is between $416 and $2,770.

The price range for a 2-bedroom apartment in Sioux Falls, SD is between $507 and $3,682.

The price range for a 3-bedroom apartment in Sioux Falls, SD is between $391 and $3,746.

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.

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.