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Updated 4 hours ago

The Cascade At The Steel District


701 N. Phillips Ave. Sioux Falls, SD

Studio - 2 Bed
•
1 - 2 Bath

491 - 1,328 Sq. Ft.

Available Now
Deal

$1500 MOVE IN CREDIT WITH 12-14 MONTH LEASE!
Floor plans
Studio • 1 Bath
$1,038 - $1,752
496 ft2
6 Available
Managed By: Lloyd Companies
720-409
$1,087+
Available Now
View
720-209
$1,038+
Available Now
View
720-107
$1,038+
Available Now
View
720-217
$1,053+
Available Now
View
720-313
$1,077+
Available Now
View
720-109
$1,059+
Available Jan 16th, 2026
View
View Rented Units
Studio • 1 Bath
$1,330 - $2,122
520 ft2
1 Available
Managed By: Lloyd Companies
701-502
$1,330+
Available Now
View
View Rented Units
Studio • 1 Bath
$1,052 - $1,694
491 ft2
1 Available
Managed By: Lloyd Companies
720-111
$1,052+
Available Now
View
Studio • 1 Bath
$1,362 - $2,156
530 ft2
1 Available
Managed By: Lloyd Companies
701-530
$1,362+
Available Now
View
View Rented Units
Studio • 1 Bath
$1,212 - $1,978
551 ft2
1 Available
Managed By: Lloyd Companies
701-307
$1,212+
Available Feb 7th, 2026
View
View Rented Units
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1 Bed • 1 Bath
$1,414 - $2,621
704 ft2
5 Available
Managed By: Lloyd Companies
701-526
$1,631+
Available Now
View
701-508
$1,631+
Available Now
View
701-510
$1,664+
Available Jan 3rd, 2026
View
701-218
$1,414+
Available Feb 7th, 2026
View
701-314
$1,464+
Available Mar 7th, 2026
View
View Rented Units
1 Bed • 1 Bath
$3,000
697 ft2
1 Available
Managed By: Lloyd Companies
701-419
$3,000
Available Now
View
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2 Beds • 2 Bath
$2,537 - $3,956
1328 ft2
2 Available
Managed By: Lloyd Companies
720-418
$2,537+
Available Now
View
720-406
$2,537+
Available Now
View
View Rented Units
2 Beds • 2 Bath
$1,991 - $3,140
1146 ft2
2 Available
Managed By: Lloyd Companies
701-215
$2,000+
Available Now
View
701-203
$1,991+
Available Now
View
View Rented Units
2 Beds • 2 Bath
$Ask
1190 ft2
1 Available
Managed By: Lloyd Companies
701-101
$Ask
Available Now
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Where you'll live
Street View
Map View
Satellite View
The Cascade At The Steel District
The Cascade At The Steel District
The Cascade At The Steel District
Location ratings
Walk Score®
66
Somewhat Walkable
Amenities
In-unit Laundry
On-site Laundry
Air Conditioning
Furnished
Fitness Center
Storage
Refrigerator
Fireplace
Pool
Controlled Access
On Bus Line
Hardwood Floors
Sun Deck
Picnic Area
On-site Maintenance
Professional On-site Management
On Site Maintenance
On Site Management
Night Patrol
Short Term Lease
Cable Ready
Housekeeping Services
Guest Room
House Sitting
On-site Brewery, Dining And Retails Businesses
Large Closets
Section 8
Court Yard
Package Receiving
Doorman
Gated Entry
Elevator
Hot Tub / Spa
High / Vaulted Ceiling
High-speed Internet
Ceiling Fans
Heat: Forced Air
Microwave
Range / Oven
Balcony, Deck, Patio
Dishwasher
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Other:

Our homes have a 2 pet limit. Pet deposit and fees are starting points and are subject to adjustment. Call us today and press option 1 to learn more about our pet policies and fees.

Pet Deposit: $200.00
Pet Fee: $300.00
Pet Rent: $35.00
Parking
Covered Parking
Surface Parking
Garage - Detached
Lease & Fees
Lease Length:

3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14

Application Fee: $60
Property details
Description

The Cascade is a luxury living destination in downtown Sioux Falls. The Cascade boasts 197 lofts, including two-level, townhome-style lofts, accessible commercial space for dining and shopping, and amenities like a courtyard and fitness center. Our community is a short walk from Falls Park and The Steel District, near biking and jogging trails, and across from the Levitt outdoor music venue. Underground parking will make your commute a breeze, and downtown landmarks like the Washington Pavilion and Phillips Avenue sculpture walk are a few minutes away.

Additional Details
Total Unit Count: 197
Last Updated: Updated 4 hours ago
Contact Number: (605) 674-7592
Office Hours
Monday: 9:30 AM - 5:30 PM
Tuesday: 9:30 AM - 5:30 PM
Wednesday: 9:30 AM - 5:30 PM
Thursday: 9:30 AM - 5:30 PM
Friday: 9:00 AM - 5:00 PM
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Cascade At The Steel District by bedroom type below.
Studio
Suggested income:
$40,700
per year
1 Bedroom
Suggested income:
$64,800
per year
2 Bedroom
Suggested income:
$81,600
per year
Rent report

The Cascade At The Steel District Rent vs. Sioux Falls Average

 The Cascade At The Steel District      Sioux Falls Average
Studio
$1,131
$947
$0
$400
$800
$1,200
$1,600
1BR
$1,801
$949
$0
$600
$1,200
$1,800
$2,400
2BR
$2,266
$1,209
$0
$750
$1,500
$2,250
$3,000

The Cascade At The Steel District is asking 90% more than the average 1 bedroom apartment in Sioux Falls.

If you upsized to an average priced Sioux Falls 2 bedroom apartment, you would pay 21% more per month.

If you downsized to an average priced Sioux Falls studio apartment, you would pay 0% less per month.

The Cascade At The Steel District provides 2% more square footage than the average Sioux Falls 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Cascade At The Steel District
Studio $1,131 $2.20 $3,392
1BR $1,801 $2.60 $5,402
2BR $2,266 $1.80 $6,799
Sioux Falls Average
Studio $947 $1.50 $2,841
1BR $949 $1.40 $2,847
2BR $1,209 $1.20 $3,626
3BR $1,614 $1.20 $4,841
4BR $1,858 $1.00 $5,574

Availability in Sioux Falls

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 724 2BR units on the market in Sioux Falls. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 32% 42% 16% 2%
Available Units in Sioux Falls
Studio 125
1BR 538
2BR 724
3BR 280
4BR 33
Location
Nearby Hospitals
Name Distance
Sioux Falls Specialty Hospital, Llp 1.54 mi.
Sanford University Of South Dakota Medical Center 1.56 mi.
Select Specialty Hospital Sioux Falls 1.59 mi.
Nearby Fire Stations
Name Distance
South Dakota Air National Guard 1.03 mi.
Sioux Falls Fire Rescue 2.51 mi.
Splitrock Volunteer Fire Department 3.8 mi.
FAQs
Is this property currently leasing units?
Yes. There are 21 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 18 units available for move-in over the next 2 months. 16 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 491 to 1,328 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,038 to $3,956. The Cascade At The Steel District has studio units available starting at $1,038, 1 bedroom units available starting at $1,631, and 2 bedroom units available starting at $1,991.
Where is this property located?
This property is at 701 N. Phillips Ave. in Sioux Falls, SD. It's 1.7 miles northwest from the center of Sioux Falls.
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