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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 - 1,328 Sq. Ft.

Available Now
Deal

$1500 MOVE IN CREDIT WITH 12+ MONTH LEASES!

Studio • 1 Bath
$1,038 - $2,098
496 ft2
2 Available
Managed By: Lloyd Companies
720-313
$1,038+
Available Now
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720-109
$1,038+
Available Now
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View Rented Units
Studio • 1 Bath
$1,038 - $2,098
491 ft2
1 Available
Managed By: Lloyd Companies
720-111
$1,038+
Available Now
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Studio • 1 Bath
$1,054 - $2,111
460 ft2
2 Available
Managed By: Lloyd Companies
720-407
$1,054+
Available Now
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720-205
$1,054+
Available Apr 7th, 2026
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View Rented Units
Studio • 1 Bath
$1,162 - $2,221
530 ft2
1 Available
Managed By: Lloyd Companies
701-228
$1,162+
Available May 7th, 2026
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View Rented Units
Studio • 1 Bath
$1,291 - $2,416
525 ft2
1 Available
Managed By: Lloyd Companies
701-427
$1,291+
Available May 7th, 2026
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1 Bed • 1 Bath
$1,560 - $2,766
704 ft2
1 Available
Managed By: Lloyd Companies
701-410
$1,560+
Available Jun 7th, 2026
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2 Beds • 2 Bath
$2,261 - $3,867
1118 ft2
1 Available
Managed By: Lloyd Companies
701-532
$2,261+
Available Apr 14th, 2026
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2 Beds • 2 Bath
$2,589 - $4,417
1328 ft2
1 Available
Managed By: Lloyd Companies
720-402
$2,589+
Available May 18th, 2026
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View Rented Units
2 Beds • 1 Bath
$1,285 - $2,403
851 ft2
1 Available
Managed By: Lloyd Companies
720-101
$1,285+
Available Jun 7th, 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
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:
$39,500
per year
1 Bedroom
Suggested income:
$56,200
per year
2 Bedroom
Suggested income:
$73,600
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
$1,096
$952
$0
$400
$800
$1,200
$1,600
1BR
$1,560
$959
$0
$550
$1,100
$1,650
$2,200
2BR
$2,045
$1,206
$0
$700
$1,400
$2,100
$2,800

The Cascade At The Steel District is asking 70% 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 25% more per month.

If you downsized to an average priced Sioux Falls 1 bedroom apartment, you would pay 26% less per month.

The Cascade At The Steel District provides 9% 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 $1,096 $2.20 $3,289
1BR $1,560 $2.20 $4,680
2BR $2,045 $1.90 $6,135
Sioux Falls Average
Studio $952 $1.60 $2,856
1BR $959 $1.40 $2,876
2BR $1,206 $1.20 $3,618
3BR $1,607 $1.20 $4,822
4BR $1,914 $1.00 $5,743

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 688 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
9% 32% 40% 18% 1%
Available Units in Sioux Falls
Studio 149
1BR 555
2BR 688
3BR 310
4BR 26
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 11 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 9 units available for move-in over the next 2 months. 4 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 460 to 1,328 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are studio 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 $4,417. The Cascade At The Steel District has studio units available starting at $1,038 and 2 bedroom units available starting at $2,261.
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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