Third Avenue Lofts
325 E 12th St,
Sioux Falls, SD 57104
$1,125 - $1,710
1-2 Beds
Area Guide
Downtown Sioux Falls Sioux Falls, SD
A charming downtown with a river running through it
Walkable
•
Bicycle-Friendly
•
River
Downtown Sioux Falls wraps around the Big Sioux River, with the Sioux Falls Bike Trail following the path of the river. There's much to love about this dynamic neighborhood: its history, such as in the ornate Orpheum Theater Center and the Old Courthouse Museum; its fantastic nightlife, such as the Prairie Berry East Bank wine bar and Monks House of Ale Repute and Gandy Dancer Brew Works; and the spectacular parks that line the river, such as Beadle Park, Fawick Park, and Falls Park.
Along with its wide selection of shops, restaurants, and bars, Downtown Sioux Falls has some unique features you'll want to explore. These include the Sculpture Walk, the Downtown Riverfront Amphitheater, the Museum of Visual Materials, and the Washington Pavilion of Arts & Science. Residents and visitors enjoy hopping aboard the Downtown Sioux Falls Trolley, a terrific way to explore Downtown and Falls Park.
Rent Trends
As of July 2026, the average apartment rent in Downtown Sioux Falls is $969 for a studio, $1,296 for one bedroom, $1,892 for two bedrooms, and $3,598 for three bedrooms. Apartment rent in Downtown Sioux Falls has increased by 3.3% in the past year.
-
Studio
-
392 sq ft
Average Sq Ft
-
$969/month
Average Rent
-
1 BR
-
676 sq ft
Average Sq Ft
-
$1,296/month
Average Rent
-
2 BR
-
1,105 sq ft
Average Sq Ft
-
$1,892/month
Average Rent
-
3 BR
-
1,665 sq ft
Average Sq Ft
-
$3,598/month
Average Rent
Learn More About Downtown Sioux Falls
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Sioux Falls - Sioux Falls, SD is for everyday living.
Moderately Walkable
Walkability
60
/ 100
Limited Public Transit
Transit
30
/ 100
Very Drivable
Drivability
80
/ 100
Very Bikeable
Bikeability
80
/ 100
Daily Essentials
Downtown Sioux Falls - Sioux Falls, SD offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
80
/ 100
Good Restaurant Variety Nearby
Restaurants
60
/ 100
Good Café Variety Nearby
Cafes
60
/ 100
Good Variety of Shops Nearby
Shopping
60
/ 100
Local Vibe
Get a sense of what it’s like to live in Downtown Sioux Falls - Sioux Falls, SD from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
40
/ 100
Fair Nightlife Variety Nearby
Nightlife
50
/ 100
Moderately Noisy
Quiet Score
40
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Kirby Science Discovery Center
- Great Plains Zoo
- Great Bear Recreation Park
- The Outdoor Campus - East
- Sertoma Butterfly House and Marine Cove
Airports
- Joe Foss Field
Top Apartments in Downtown Sioux Falls
Houses for Rent in Downtown Sioux Falls
Search Nearby Rentals
Nearby City Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.