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Updated 2 hours ago

The Cascade At The Steel District


701 N. Phillips Ave. Sioux Falls, SD

Studio - 2 Bed
•
1 - 2 Bath

460 - 1,473 Sq. Ft.

Available Now
Studio • 1 Bath
$1,043 - $1,781
496 ft2
2 Available
Managed By: Lloyd Companies
720-313
$1,077+
Available Now
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720-109
$1,043+
Available Now
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Studio • 1 Bath
$1,330 - $2,173
520 ft2
1 Available
Managed By: Lloyd Companies
701-502
$1,330+
Available Now
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Studio • 1 Bath
$1,042 - $1,726
491 ft2
1 Available
Managed By: Lloyd Companies
720-111
$1,042+
Available Now
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Studio • 1 Bath
$1,200 - $1,966
551 ft2
1 Available
Managed By: Lloyd Companies
701-307
$1,200+
Available Now
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View Rented Units
Studio • 1 Bath
$1,054 - $1,817
460 ft2
2 Available
Managed By: Lloyd Companies
720-407
$1,104+
Available Mar 6th, 2026
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720-205
$1,054+
Available Apr 7th, 2026
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1 Bed • 1 Bath
$1,235 - $2,069
631 ft2
2 Available
Managed By: Lloyd Companies
720-301
$1,259+
Available Now
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720-201
$1,235+
Available Now
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1 Bed • 1 Bath
$1,370 - $2,372
704 ft2
4 Available
Managed By: Lloyd Companies
701-106
$1,400+
Available Now
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701-314
$1,464+
Available Mar 7th, 2026
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701-306
$1,370+
Available Apr 7th, 2026
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701-216
$1,414+
Available Apr 24th, 2026
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2 Beds • 2 Bath
$Ask
1190 ft2
1 Available
Managed By: Lloyd Companies
701-101
$Ask
Available Now
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2 Beds • 2 Bath
$1,950 - $3,302
1146 ft2
2 Available
Managed By: Lloyd Companies
701-203
$1,950+
Available Now
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701-317
$2,091+
Available Mar 7th, 2026
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2 Beds • 2 Bath
$3,441 - $5,389
1473 ft2
1 Available
Managed By: Lloyd Companies
720-302
$3,441+
Available Now
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2 Beds • 1 Bath
$1,635 - $2,595
940 ft2
1 Available
Managed By: Lloyd Companies
701-220
$1,635+
Available Mar 17th, 2026
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Where you'll live
Street View
Map View
Satellite View
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 2 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
Photos Floor Plans Amenities
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:
$48,900
per year
2 Bedroom
Suggested income:
$82,000
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
$1,130
$978
$0
$400
$800
$1,200
$1,600
1BR
$1,357
$945
$0
$450
$900
$1,350
$1,800
2BR
$2,279
$1,172
$0
$750
$1,500
$2,250
$3,000

The Cascade At The Steel District is asking 94% more than the average 2 bedroom apartment in Sioux Falls.

If you upsized to an average priced Sioux Falls 3 bedroom apartment, you would pay 26% more per month.

If you downsized to an average priced Sioux Falls 1 bedroom apartment, you would pay 24% less per month.

The Cascade At The Steel District provides 15% more square footage than the average Sioux Falls 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Cascade At The Steel District
Studio $1,130 $2.30 $3,390
1BR $1,357 $2.00 $4,071
2BR $2,279 $1.90 $6,838
Sioux Falls Average
Studio $978 $1.70 $2,934
1BR $945 $1.30 $2,835
2BR $1,172 $1.10 $3,516
3BR $1,593 $1.20 $4,780
4BR $1,944 $0.90 $5,833

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 702 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
8% 32% 40% 18% 2%
Available Units in Sioux Falls
Studio 139
1BR 572
2BR 702
3BR 320
4BR 32
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 19 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. 11 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 460 to 1,473 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 $1,042 to $5,389. The Cascade At The Steel District has studio units available starting at $1,042, 1 bedroom units available starting at $1,235, and 2 bedroom units available starting at $1,635.
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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