To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Falls Terrace Apartments by bedroom type below.
3 Bedroom
Suggested income:
$34,800
per year
4 Bedroom
Suggested income:
$40,600
per year
Rent report
Falls Terrace Apartments Rent vs. Sioux Falls Average
Falls Terrace Apartments
Sioux Falls Average
3BR
$968
$1,607
$0
$550
$1,100
$1,650
$2,200
4BR
$1,128
$1,914
$0
$650
$1,300
$1,950
$2,600
Falls Terrace Apartments is asking 40%
less than the average 3 bedroom apartment in
Sioux Falls.
If you upsized to an average priced Sioux Falls 4 bedroom apartment, you would pay
16% more per month.
If you downsized to an average priced Sioux Falls 2 bedroom apartment,
you would pay 33% less per month.
Falls Terrace Apartments provides 20%
less square footage than the average
Sioux Falls 3 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Falls Terrace Apartments
3BR
$968
$0.90
$2,904
4BR
$1,128
$0.90
$3,384
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
Available Units in Sioux Falls
Studio
149
1BR
555
2BR
688
3BR
310
4BR
26
Location
Nearby Hospitals
NameDistance
Avera Mckennan Hospital1.04 mi.
Sioux Falls Specialty Hospital, Llp1.04 mi.
Sanford University Of South Dakota Medical Center2.43 mi.
Nearby Fire Stations
NameDistance
Sioux Falls Fire Rescue2.13 mi.
Wayne Township Fire & Rescue2.34 mi.
Splitrock Volunteer Fire Department2.34 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 1,080 to 1,195 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 3 and 4 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $968 to $1,128. Falls Terrace Apartments has 3 bedroom units available starting at $968 and 4 bedroom units available starting at $1,128.
Where is this property located?
This property is at 1301 South Majestic View Place in Sioux Falls, SD. It's 0.5 miles southeast from the center of Sioux Falls.