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

211 Rentals Available
Luxury Apartments for Rent in Downtown Sioux Falls, Sioux Falls, SD. 211 Rentals Available
  • a living room with a couch and a coffee table
    Today

    701 N. Phillips Ave., Sioux Falls, SD 57104
    STUDIO $1,080+
    1 BED $1,491+
    2 BEDS $2,025+
  • a living room and kitchen with couches and a table
    Today

    155 E 4Th Place, Sioux Falls, SD 57103
    STUDIO $1,295+
    1 BED $1,395+
    2 BEDS $2,165+
  • a living room with a couch and a table and a kitchen
    Today

    601 N Phillips Avenue, Sioux Falls, SD 57104
    1 BED $1,150+
    2 BEDS $1,847+
  • a living room with two couches and a coffee table
    Today

    522 N Main Ave, Sioux Falls, SD 57104
    1 BED $1,152+
    2 BEDS $1,637+
  • a kitchen with stainless steel appliances and wooden cabinets
    Today

    600 N Main Avenue, Sioux Falls, SD 57104
    1 BED $1,378+
    2 BEDS $1,750+
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  • a kitchen and living room with a couch and a table
    Today

    230 S Phillips Ave, Sioux Falls, SD 57104
    1 BED $1,275
    2 BEDS $1,550
  • a kitchen with blue counter tops and a white refrigerator
    Today

    300 N Phillips, Sioux Falls, SD 57104
    1 BED $1,108+
    2 BEDS $1,360+
  • 111 E 7Th Street Studio-2 Beds Apartment for Rent
    Today

    111 E 7Th Street, Sioux Falls, SD 57104
    STUDIO $741+
    1 BED $803+
    2 BEDS $953+

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

  • a white house with a driveway and a garage door
    Today

    6544 E Pine Grove Pl, Sioux Falls, SD 57110
    2 BEDS $1,795
    3 BEDS $1,995
  • a living room and dining room with a couch and a table
    Today

    2909 E 6Th St, Sioux Falls, SD 57103
    STUDIO $546+
    2 BEDS $880
    3 BEDS $1,078+
  • a living room and kitchen with a couch and a table
    Today

    3021 E 6Th St, Sioux Falls, SD 57103
    1 BED $878+
    2 BEDS $1,209+
    3 BEDS $1,459+
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  • a kitchen with white appliances and wooden cabinets
    Today

    1210 S Majestic View Pl, Sioux Falls, SD 57103
    STUDIO $680+
    2 BEDS $926+
    3 BEDS $1,120+
  • a kitchen with dark wood cabinets and granite counter tops and black appliances
    Today

    606 N Bahnson Ave., Sioux Falls, SD 57103
    1 BED $895+
    2 BEDS $1,065+
    3 BEDS $1,308+
  • a kitchen with black appliances and wooden cabinets
    Today

    3700 N 4Th Ave, Sioux Falls, SD 57104
    1 BED $875+
    2 BEDS $1,080
    3 BEDS $1,205
  • a living room with a couch and a table and a television
    Today

    4708 E 6Th St, Sioux Falls, SD 57110
    STUDIO $641+
    1 BED $936+
    2 BEDS $1,016+
  • a living room with a couch and a table and a free rent on apartments
    Today

    5501 E 6Th St #21, Sioux Falls, SD 57110
    1 BED $925+
    2 BEDS $1,237+
  • a living room and kitchen with a couch and a table
    Today

    5550 E Active Gen Place, Sioux Falls, SD 57110
    STUDIO $975+
    1 BED $1,130+
    2 BEDS $1,410+
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  • a living room with a couch and a fireplace
    Today

    7900 East Arrowhead Parkway, Sioux Falls, SD 57110
    1 BED $1,303+
    2 BEDS $1,419+
    3 BEDS $2,785
  • a living room with a white couch and a television
    Today

    5712 E Red Oak Drive, Sioux Falls, SD 57110
    STUDIO $737+
    1 BED $942+
    2 BEDS $1,283+
  • a living room and kitchen with a blue couch and a table
    Today

    5501 E 18Th Street, Sioux Falls, SD 57110
    STUDIO $935+
    1 BED $1,000+
    2 BEDS $1,275+
  • a living room and dining room with a table and chairs
    Today

    418 S Hein Ave., Sioux Falls, SD 57110
    STUDIO $859+
    1 BED $864+
    2 BEDS $1,179+
  • a living room with white couches and a television
    Today

    3807 N Potter Ave, Sioux Falls, SD 57107
    1 BED $925+
    2 BEDS $1,055+
    3 BEDS $1,351+
  • a living room with a couch and a coffee table
    Today

    5340 W Vision Dr, Sioux Falls, SD 57107
    STUDIO $845+
    1 BED $975+
    2 BEDS $1,185+
  • the swimming pool at the apartments for rent
    Today

    4500 W 35Th St North, Sioux Falls, SD 57107
    1 BED $933+
    2 BEDS $1,090+
    3 BEDS $1,276+
  • a living room with a couch and a coffee table
    Today

    4902 S Oxbow Avenue, Sioux Falls, SD 57106
    1 BED $1,249+
    2 BEDS $1,314+
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 4.2% over the past year. The average rent moved from $1,508 to $1,444.

Check out the average rent in Sioux Falls.

The national average price of rental apartments is $1,741, while the average monthly rent in Downtown Sioux Falls, Sioux Falls, SD is $1,444.

Average rent in Downtown Sioux Falls, Sioux Falls, SD

$1,444/mo Downtown Sioux Falls, Sioux Falls, SD average rental price, January 2026
Image Average Rent

The average monthly rent for an apartment in Downtown Sioux Falls, Sioux Falls, SD is around $1,444.

    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 14% of rentals are $2,001-$2,500. Around 26% of Downtown Sioux Falls's apartments have monthly rents between $1,001-$1,500. There are 16% 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 for a luxury apartment in Downtown Sioux Falls, Sioux Falls, SD is between $741 and $5,318.

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

    There are 3 luxury rentals available on RentCafe. Prices and availability in Downtown Sioux Falls, Sioux Falls, SD were last updated on 26 Feb 2026.

    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 874 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

    If you love living like a king or a queen, you might be interested in uniquely furnished, modern apartments. Nothing says elegance like a professionally-designed interior down to the smallest detail. Now you have the best 211 apartments in Downtown Sioux Falls, Sioux Falls, SD to choose from, located in 25 upscale buildings. The average size of this type of apartment in Downtown Sioux Falls, Sioux Falls, SD is around 1,006 Sqft, but if you’re in need of more space, apartment complexes also have large apartments for rent. Luxury townhomes are also a great option for families, especially those located in family-friendly communities, close to schools, preschools and parks. The best apartments on the market in Downtown Sioux Falls, Sioux Falls, SD are up for grabs right now, so don’t miss the chance to level up your lifestyle!

    High rise apartments do come cheap

    We can all agree that high-level amenities give us a sense of accomplishment and a certain feeling of comfort. Well, on the bright side, luxury is now accessible to both multi-millionaires and people with regular incomes. Cheap luxury apartments are not just an illusion - the land of milk and honey is closer than it’s ever been, with prices starting at $546. There are no less than 211 luxury studio apartments in Downtown Sioux Falls, Sioux Falls, SD right now waiting to become your future home.

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