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Studio Condos for Rent in Sioux Falls, SD

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    $635 Per Month

    • Studio
    • 1 Bath
    • COZY STUDIO LOCATED DOWNTOWN SIOUX FALLS!

    817 W 11th St Unit 817 W 11th Street #4, Sioux Falls, SD 57104

    To take a tour of a unit, click here: *Close to Downtown Sioux Falls*Near Area Shopping, Dining, Medical Centers, Schools and More*Off-Street Parking*Gas Stove*Refrigerator*Window Air Conditioning*Nice floor plan*Water, Sewer, Garbage Paid with $25 Base Utility Fee*Affordably Priced*Pet Friendly with some restrictions Prices, specials, and

    817 W 11th St Unit 817 W 11th Street #4, Sioux Falls, SD 57104
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    $595 Per Month

    • Studio
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    927 S Spring Ave Unit 4, Sioux Falls, SD 57104

    Don't miss the opportunity to call this beautiful historic property home in one of the most convenient areas of central Sioux Falls! This charming studio apartment offers a functional layout with a full kitchen, spacious bathroom, and a comfortable living area featuring stunning hardwood floors and a large walk-in closet for added storage. Step outside through the back door to enjoy your own

    927 S Spring Ave Unit 4, Sioux Falls, SD 57104
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    $500 Per Month

    • Studio
    • 1 Bath
    • 264 Sq Ft
    • Condo for Rent

    1328 E 3rd St, Sioux Falls, SD 57103

    Check Out 1328 E 3rd St #3, Sioux Falls, SD This is an upper-level apartment in a multi-unit building located at 1328 E 3rd St, Sioux Falls, SD. The unit is a studio apartment with a full bathroom and a kitchen, and is conveniently located near downtown Sioux Falls with easy access to shops, restaurants, and entertainment. This affordable upper-level apartment offers comfortable living with

    1328 E 3rd St, Sioux Falls, SD 57103
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    $650 Per Month

    • Studio
    • 1 Bath
    • 550 Sq Ft
    • Condo for Rent

    731 W 18th St Unit 4, Sioux Falls, SD 57105

    Here is a great opportunity to call a beautiful historic property in Sioux Falls home! This charming studio apartment offers the perfect blend of classic character and modern convenience. Featuring beautiful hardwood floors throughout, a cozy atmosphere, and plenty of natural light, this unit provides a warm and inviting space that feels like home.Residents will enjoy the convenience of a

    731 W 18th St Unit 4, Sioux Falls, SD 57105

Frequently Asked Questions

How much does it cost to rent a condo in Sioux Falls, SD?
The median rent for a condo in Sioux Falls, SD is $895 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Sioux Falls, SD?
To comfortably afford the median rent in Sioux Falls, SD, a household needs to earn roughly $60,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,500 per month in Sioux Falls, SD, renters typically need to show $4,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Sioux Falls, SD?
In Sioux Falls, SD, the price-to-rent ratio is 18.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$895
Median 1 Bedroom Condo Rent
$750
Median 2 Bedroom Condo Rent
$913
Median 3 Bedroom Condo Rent
$1,511
How to Rent a Home