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Updated 11 minutes ago

The Flats at Midtown 500-512 W 16th Street


Sioux Falls, SD

Studio - 2 Bed
•
1 Bath

450 - 725 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$550
450 ft2
1 Available
Managed By: Charisma Property Management, Inc.
512 W 16th Street #3
$550
Available Oct 10th, 2026
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1 Bed • 1 Bath
$449
Size: N/A
0 Available
Managed By: Charisma Property Management, Inc.
512 W 16th Street #6
$449
Rented
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2 Beds • 1 Bath
$825
725 ft2
1 Available
Managed By: Charisma Property Management, Inc.
500 W 16th Street #1
$825
Available Now
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Where you'll live
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The Flats at Midtown 500-512 W 16th Street
The Flats at Midtown 500-512 W 16th Street
The Flats at Midtown 500-512 W 16th Street
Location ratings
Walk Score®
82
Very Walkable
Transit Score®
34
Some Transit
Bike Score®
69
Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Elevator
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $500
Property details
Description

EFFICIENCY UNIT - AFFORDABLY PRICED AND LOCATED NEAR DOWNTOWN SIOUX FALLS! - Amenities:
*Spacious Floor Plan
*Lots of Natural Sunlight
*Located Near Area Shopping, Dining, Medical Centers, Schools and More!
*Window Air Conditioning
*Walk in Closet
*Lots of storage
*Kitchenette
*Refrigerator
*Stove
*Water, Sewer, Garbage & Heat Paid with a $25 base utility fee
*Garages and On-Site Storage Available For Rent
*We are Pet Friendly with some restrictions
Finishes, colors, layouts and location may vary from unit to unit.
Prices, Specials and Availability Are Subject to Change Without Notice.
We look forward to hearing from you!
(RLNE2105066)

Additional Details
Total Unit Count: 11
Last Updated: Updated 11 minutes ago
Contact Number: (605) 271-4663
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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 Flats at Midtown 500-512 W 16th Street by bedroom type below.
Studio
Suggested income:
$19,800
per year
2 Bedroom
Suggested income:
$29,700
per year
Rent report

The Flats at Midtown 500-512 W 16th Street Rent vs. Sioux Falls Average

 The Flats at Midtown 500-512 W 16th Street      Sioux Falls Average
Studio
$550
$913
$0
$300
$600
$900
$1,200
2BR
$825
$1,197
$0
$400
$800
$1,200
$1,600

The Flats at Midtown 500-512 W 16th Street is asking 40% less than the average studio apartment in Sioux Falls.

If you upsized to an average priced Sioux Falls 1 bedroom apartment, you would pay 7% more per month.

The Flats at Midtown 500-512 W 16th Street provides 22% less square footage than the average Sioux Falls studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Flats at Midtown 500-512 W 16th Street
Studio $550 $1.20 $1,650
2BR $825 $1.10 $2,475
Sioux Falls Average
Studio $913 $1.60 $2,739
1BR $984 $1.40 $2,951
2BR $1,197 $1.20 $3,592
3BR $1,573 $1.20 $4,718
4BR $2,084 $1.10 $6,251

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 758 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
5% 27% 50% 16% 2%
Available Units in Sioux Falls
Studio 79
1BR 407
2BR 758
3BR 238
4BR 31
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 available for move-in over the next 2 months. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 450 to 725 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 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $550 to $825. The Flats at Midtown 500-512 W 16th Street has studio units available starting at $550 and 2 bedroom units available starting at $825.
Where is this property located?
This property is at The Flats at Midtown 500-512 W 16th Street in Sioux Falls, SD. It's 1.7 miles west from the center of Sioux Falls.
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