Our friendly community is minutes from downtown Sioux Falls shopping and restaurants as well as the Falls Park trails, picnic areas, and of course the gorgeous falls. We feature affordable, spacious three and four-bedroom homes. Water/sewer/garbage utilities are included and each home has its own washer and dryer. You'll love living at Falls Terrace!
Income restricted
Apartment building
3-4 beds
Pet-friendly
Detached garage
Air conditioning (central)
In-unit dryer
Available units
Price may not include required fees and charges
Price may not include required fees and charges.
No floorplan available
$968+·3 bed, 2 bath
UnitSqftBase rentAvailable
1,080$968Now
1,080$968Now
1,080$9688/8/2025
No floorplan available
$1,126+·4 bed, 2 bath
UnitSqftBase rentAvailable
1,195$1,126Now
1,195$1,126Now
1,195$1,126Now
What's special
Clubhouse
Get the party started
This building features a clubhouse. Only 12% of buildings in Sioux Falls have this amenity.
Gorgeous fallsPicnic areasFalls park trails
Office hours
Day | Open hours |
---|---|
Mon - Fri: | 9:30 am - 5 pm |
Sat: | Closed |
Sun: | Closed |
Facts, features & policies
Building Amenities
Community Rooms
- Club House
Fitness & sports
- Basketball Court
Other
- Laundry: In Unit
Outdoor common areas
- Playground
Services & facilities
- 24 Hour Maintenance
- On-Site Management
- Online Maintenance Portal
- Online Rent Payment
- Storage Space
Unit Features
Appliances
- Dishwasher
- Dryer
- Freezer
- Garbage Disposal
- Oven
- Range
- Refrigerator
- Washer
Cooling
- Central Air Conditioning
Flooring
- Carpet
- Laminate
Heating
- Gas
Other
- Patio Balcony
Policies
Lease terms
- One year
Pets
Large dogs
- Allowed
Cats
- Allowed
Small dogs
- Allowed
Parking
- Detached Garage
Neighborhood: 57103
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Nearby schools in Sioux Falls
GreatSchools rating
- 4/10Susan B. Anthony ElementaGrades: PK-5Distance: 1.9 mi
- 7/10Patrick Henry Middle School - 07Grades: 6-8Distance: 1.4 mi
- 4/10Lincoln High School - 02Grades: 9-12Distance: 1.3 mi
Market Trends
Rental market summary
The average rent for all beds and all property types in Sioux Falls, SD is $1,150.
Average rent
$1,150
Month-over-month
+$43
Year-over-year
-$145
Available rentals
443
Frequently asked questions
What is the walk score of Falls Terrace?
Falls Terrace has a walk score of 33, it's car-dependent.
What is the transit score of Falls Terrace?
Falls Terrace has a transit score of 18, it has minimal transit.
What schools are assigned to Falls Terrace?
The schools assigned to Falls Terrace include Susan B. Anthony Elementa, Patrick Henry Middle School - 07, and Lincoln High School - 02.
Does Falls Terrace have in-unit laundry?
Yes, Falls Terrace has in-unit laundry for some or all of the units.
What neighborhood is Falls Terrace in?
Falls Terrace is in the 57103 neighborhood in Sioux Falls, SD.
Does Falls Terrace have virtual tours available?
Yes, 3D and virtual tours are available for Falls Terrace.
This is an income restricted propertyThis property offers housing at affordable prices. Renters or households must meet income requirements, and the property manager may have additional eligibility criteria.

