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Luxury Apartments for Rent in Downtown Sioux Falls, Sioux Falls, SD

131 Rentals Available
Luxury Apartments for Rent in Downtown Sioux Falls, Sioux Falls, SD. 131 Rentals Available
  • a living room and kitchen with couches and a table
    Today

    155 E 4Th Place, Sioux Falls, SD 57104
    STUDIO Ask for Pricing
    1 BED $1,595+
    2 BEDS $2,440+
  • a living room with a couch and a coffee table
    17
    Today

    701 N. Phillips Ave., Sioux Falls, SD 57104
    STUDIO $1,038+
    1 BED $1,414+
    2 BEDS $1,991+
  • a living room with a couch and a table and a kitchen
    6
    Today

    601 N Phillips Avenue, Sioux Falls, SD 57104
    1 BED $1,292+
    2 BEDS $1,756+
  • a living room with two couches and a coffee table
    7
    Today

    522 N Main Ave, Sioux Falls, SD 57104
    1 BED $1,148+
    2 BEDS $1,462+
  • a kitchen and living room with a couch and a table
    6
    Today

    230 S Phillips Ave, Sioux Falls, SD 57104
    STUDIO Ask for Pricing
    1 BED $1,395
    2 BEDS $1,475
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  • a kitchen with stainless steel appliances and wooden cabinets
    8
    Today

    600 N Main Avenue, Sioux Falls, SD 57104
    1 BED $1,413+
    2 BEDS $1,695+
  • a kitchen with blue counter tops and a white refrigerator
    8
    Today

    300 N Phillips, Sioux Falls, SD 57104
    1 BED $1,142+
    2 BEDS $1,400+
  • 111 E 7Th Street Studio-2 Beds Apartment for Rent
    21
    Today

    111 E 7Th Street, Sioux Falls, SD 57104
    STUDIO $659+
    1 BED $774+
    2 BEDS $953+

  • More Rentals Near Downtown Sioux Falls, Sioux Falls, SD

  • a kitchen with black appliances and wooden cabinets
    88
    Today

    3700 N 4Th Ave, Sioux Falls, SD 57104
    1 BED $885+
    2 BEDS $1,090
    3 BEDS $1,215
  • A kitchen with a black refrigerator and a white counter top.
    Today

    3201 N Martindale, Sioux Falls, SD 57107
    1 BED $950+
    2 BEDS $1,175+
    3 BEDS $1,400+
  • a living room with a brown couch and a coffee table
    Today

    205 E 12Th Street, Sioux Falls, SD 57104
    STUDIO $950+
    1 BED $1,195+
    2 BEDS $1,695+
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  • a kitchen with wooden cabinets and stainless steel appliances
    Today

    6544 E Pine Grove Pl, Sioux Falls, SD 57110
    2 BEDS $1,830
    3 BEDS $2,035
  • a living room and kitchen with a couch and a table
    17
    Today

    3021 E 6Th St, Sioux Falls, SD 57103
    1 BED $875+
    2 BEDS $1,252+
    3 BEDS $1,460+
  • a kitchen with white appliances and wooden cabinets
    17
    Today

    1210 S Majestic View Pl, Sioux Falls, SD 57103
    STUDIO $726+
    2 BEDS $1,023+
    3 BEDS $1,224+
  • a kitchen with dark wood cabinets and granite counter tops and black appliances
    23
    Today

    606 N Bahnson Ave., Sioux Falls, SD 57103
    1 BED $895+
    2 BEDS $1,115+
    3 BEDS $1,386+
  • A living room with a grey couch and a kitchen area with brown cabinets.
    23
    Today

    4708 E 6Th St, Sioux Falls, SD 57110
    STUDIO $639+
    1 BED $937+
    2 BEDS $967+
  • a kitchen and living room with wood flooring and wooden cabinets
    14
    Today

    5501 E 6Th St #21, Sioux Falls, SD 57110
    1 BED $994+
    2 BEDS $1,212+
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  • a living room with a couch and a fireplace
    11
    Today

    7900 East Arrowhead Parkway, Sioux Falls, SD 57110
    1 BED $1,145+
    2 BEDS $1,360+
    3 BEDS $2,785
  • an open living room with a kitchen and a tv
    47
    Today

    5712 E Red Oak Drive, Sioux Falls, SD 57110
    STUDIO $775+
    1 BED $965+
    2 BEDS $1,178+
  • a living room and kitchen with a blue couch and a table
    8
    Today

    5501 E 18Th Street, Sioux Falls, SD 57110
    STUDIO $965+
    1 BED $1,030+
    2 BEDS $1,457+
  • a living room and dining room with a table and chairs
    30
    Today

    418 S Hein Ave., Sioux Falls, SD 57110
    STUDIO $825+
    1 BED $875+
    2 BEDS $1,095+
  • A living room with a grey couch and a white coffee table.
    11
    Today

    3807 N Potter Ave, Sioux Falls, SD 57107
    1 BED $968+
    2 BEDS $1,055+
    3 BEDS $1,295+
  • a living room with a couch and a coffee table
    5
    Today

    5340 W Vision Dr, Sioux Falls, SD 57107
    STUDIO Ask for Pricing
    1 BED $900+
    2 BEDS $1,143+
  • A modern living room with a white couch and a coffee table.
    26
    Today

    4500 W 35Th St North, Sioux Falls, SD 57107
    1 BED $945+
    2 BEDS $1,095+
    3 BEDS $1,347+
  • a living room with a couch and a coffee table
    Today

    4902 S Oxbow Avenue, Sioux Falls, SD 57106
    1 BED $1,270+
    2 BEDS $1,672+
8-17-nhood
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Downtown Sioux Falls, Sioux Falls, SD rent trends

Rental prices in Downtown Sioux Falls, Sioux Falls, SD have decreased by 8.87% over the past year. The average rent moved from $1,541 to $1,404.

Check out the average rent in Sioux Falls.

The national average price of rental apartments is $1,743, while the average monthly rent in Downtown Sioux Falls, Sioux Falls, SD is $1,404.

Average rent in Downtown Sioux Falls, Sioux Falls, SD

$1,404/mo Downtown Sioux Falls, Sioux Falls, SD average rental price, October 2025
Image Average Rent

The average monthly rent for an apartment in Downtown Sioux Falls, Sioux Falls, SD is around $1,404.

    What's the typical rent budget in Downtown Sioux Falls, Sioux Falls, SD?

    A share of 38% of apartments in Downtown Sioux Falls, Sioux Falls, SD have the cheapest rents between ≤ $1000. Around 13% of rentals are $2,001-$2,500. Around 28% of Downtown Sioux Falls's apartments have monthly rents between $1,001-$1,500. There are 14% of apartments with rents between $1,501-$2,000. A share of 2% of apartment rentals in Sioux Falls are in the $2,501-$3,000 range. Meanwhile, 5% of apartment rentals in Sioux Falls are in the > $3,000 range.

    The largest share of rentals in Downtown Sioux Falls, Sioux Falls, SD (38%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Downtown Sioux Falls, SD

    72 /100
    Very Walkable
    31 /100
    Some Transit
    75 /100
    Very Bikeable
    Walk Score®: 72, Transit Score®: 31, Bike Score®: 75

    Frequently asked questions

    What is the price of a luxury apartment in Downtown Sioux Falls, Sioux Falls, SD?

    The price range is between $659 and $4,560.

    How many luxury rentals are available in Downtown Sioux Falls, Sioux Falls, SD on RentCafe?

    There are 6 luxury rentals available on RentCafe. Prices and availability in Downtown Sioux Falls, Sioux Falls, SD were last updated on 26 Nov 2025.

    What is the average size of a luxury apartment in Downtown Sioux Falls, Sioux Falls, SD?

    The average Downtown Sioux Falls, Sioux Falls, SD luxury apartment size is 858 sq. ft.

    What are the advantages of renting a luxury apartment in Downtown Sioux Falls, Sioux Falls, SD?

    Renting a luxury apartment in Downtown Sioux Falls, Sioux Falls, SD comes with many amenities, more space and central locations.

    What are the downsides of renting a luxury apartment in Downtown Sioux Falls, Sioux Falls, SD?

    Luxury apartments tend to be more expensive and have higher utility bills.

    Downtown Sioux Falls, Sioux Falls, SD demographics

    • 2,349Total Population
    • 1,139 Female
      1,209 Male
    • 36Median Age

    In total, Downtown Sioux Falls, Sioux Falls, SD has 2,349 residents, 1,139 women and 1,209 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Sioux Falls’s population is 36.

    Downtown Sioux Falls, Sioux Falls, SD households

    • 567 Family
      399 Non-family
    • 304 Children
      662 No Children
    • 966Total Number of Households
    • 2Average People Per Household
    • $66,553Median Household Income

    There is a total of 966 households in Downtown Sioux Falls, Sioux Falls, SD. Of these, 304 have children and 662 are without children. Per Census Bureau’s most current estimates, 567 family households and 399 non-family households live in this area. The size of a household in Downtown Sioux Falls is 2 people, on average. The median household annual income in Downtown Sioux Falls equals $66,553, and the monthly housing costs equal $970.

    Downtown Sioux Falls, Sioux Falls, SD education statistics

    According to data from the U.S. Census Bureau, 4% of the population in Downtown Sioux Falls, Sioux Falls, SD have no high school education, 36% went to high-school, and 21% have partially completed college. Moreover, 9% of the population hold an Associate Degree, 21% hold a Bachelor Degree, and 9% hold a Graduate Degree.

    Renting a luxury apartment in Downtown Sioux Falls, Sioux Falls, SD

    Are you looking for a luxury apartment in Downtown Sioux Falls, Sioux Falls, SD? Most of the new apartment buildings in Downtown Sioux Falls, Sioux Falls, SD are catering to higher-income lifestyle renters who are interested in living in prime locations, which means that there is a nice selection of luxury units available on the market. This type of rentals is becoming very popular and trendy among young professionals, especially millennials. You will find 25 upscale, Class A buildings in Downtown Sioux Falls, Sioux Falls, SD to choose from, with as many as 128 high-end apartments for rent. Some of the best apartments are located in Downtown Sioux Falls, Sioux Falls, SD, so finding the perfect apartment that fits your style, whether modern and high-tech, or classic and elegantly furnished, is easier than you think. If having plenty of living space is important to you, newer apartment complexes offer large apartments with open floor-plans, typically above the average apartment size in the area, which is 1,005 Sqft. Some also offer extra storage space, bike racks, and car garages.

    High rise apartments are where luxury meets convenience

    On average, apartments in Downtown Sioux Falls, Sioux Falls, SD go for $1,637 per month, with the most expensive high-end apartments renting for up to $4,560 per month. Location is key for a convenient lifestyle. Luxury studio apartments, especially those located in a high-rise close to the best restaurants and entertainment in the area, are a top choice for singles. On the other hand, luxury townhomes located near the best school in the Downtown Sioux Falls, Sioux Falls, SD are what families are looking for. Filter your search results by number of bedrooms and number of baths for a customized list of available apartments in your area. If you like upscale living but are not inclined to spend more than you have to, there are also cheap luxury apartments priced from $639 you can take a look at.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!