5+ Days Ago
Highlights
- On-site laundry
- Peaceful atmosphere
- Updated kitchen
- Updated bathroom
- New hardwood floors
Location
316 N Lake Ave #4, Sioux Falls, SD 57104, USA|Axtell Park
Tour 316 N Lake Ave #4
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Property Overview
This property features on-site laundry, an updated kitchen and bathroom, and new hardwood floors, contributing to a peaceful atmosphere. It is positioned favorably for work-from-home setups with access to multiple office supply stores, high-speed internet, and utilities included in the rent. Additionally, the vibrant local scene offers a wealth of cultural venues, restaurants, and event hubs within walking distance, enhancing the overall living experience.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Less expensive
- Images Available
Great for
Social life
Work-from-home
Eco living
Amenities for 316 N Lake Ave #4, Axtell Park
Apartment Amenities
| Eat-in Kitchen | Hardwood Cabinet |
| Hardwood Floor | Kitchen Recently Updated |
| Living Room | Modern Bath Fixture |
| No Dogs | Recently Rehabbed |
| Recently Renovated | Tenant Pays All Utilities |
Appliances
| In-Unit Laundry | Refrigerator |
| Stove/Oven |
Tech
| Cable Ready | Internet Access Available |
Building
| Controlled Access | No Smoking Building |
| Onsite Laundry |
Grounds
| Assigned Parking | Outdoor Space |
| Yard |
Services
| Lawn Care Included | Snow Removal Included |
Neighborhood
| Park Nearby |
Other
| No Cats | One Year Lease |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 316 N Lake Ave #4
Welcome to our charming 2-bedroom, 1-bathroom apartment in Sioux Falls, SD. This recently rehabbed unit features new hardwood floors throughout, new paint, an updated kitchen and bathroom, and more. There is a spacious living room and an eat-in kitchen with modern updates, including hardwood cabinets and new fixtures. Enjoy the convenience of on-site laundry, secured entry, and included parking. With a park nearby and lawn care and snow removal taken care of, you can relax and enjoy your surroundings. This small building offers a peaceful atmosphere for those seeking a comfortable place to call home. Contact us today to schedule a tour of this lovely apartment. Included with all lease agreements is our Resident Benefits Package. Because we bundle services for things tenants typically pay for out of pocket, we help our tenants simplify, lower expenses, and keep utility bills to a minimum. Click the link to read more about the benefits of renting from Luke Properties: https luke properties benefits ($49/mo) (Rent increases of an estimated 2% occur automatically on January 1st of each year) You've just found your next Sioux Falls apartment!
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 316 N Lake Ave, Sioux Falls, SD 57104, USA compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.2 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Neighborhood | Axtell Park |
|---|---|
| Zip code | 57104 |
| Type | Apartment for rent |
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Rent trends in Axtell Park
2-bedroom apartments at 316 N Lake Ave #4 cost about 9% less than the average rent price for 2-bedroom apartments in Sioux Falls.
Median rents as of Jan 24 2026.
Axtell Park
Sioux Falls
| Month | Median Rent |
|---|---|
| February 2024 | $1,037 |
| March 2024 | $1,100 |
| April 2024 | $1,108 |
| May 2024 | $1,105 |
| June 2024 | $1,084 |
| July 2024 | $1,113 |
| August 2024 | $1,131 |
| September 2024 | $1,107 |
| October 2024 | $1,084 |
| November 2024 | $1,070 |
| December 2024 | $1,074 |
| January 2025 | $1,072 |
| February 2025 | $1,082 |
| March 2025 | $1,089 |
| April 2025 | $1,095 |
| May 2025 | $1,075 |
| June 2025 | $1,078 |
| July 2025 | $1,063 |
| August 2025 | $1,062 |
| September 2025 | $1,083 |
| October 2025 | $1,085 |
| November 2025 | $1,068 |
| December 2025 | $1,053 |
| January 2026 | $1,080 |
| Month | Median Rent |
|---|---|
| March 2025 | $1,000 |
| May 2025 | $795 |
| June 2025 | $795 |
| July 2025 | $815 |
| August 2025 | $820 |
| September 2025 | $815 |
| October 2025 | $820 |
| November 2025 | $818 |
| December 2025 | $802 |
| January 2026 | $787 |
Affordability calculator
Can I afford to live at 316 N Lake Ave #4?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$29,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $29,000 annually to afford this 2-bedrooms monthly rent price of $725.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| This month | $725 | 2 bed | 1 bath | ||
| This month | $725 | 2 bed | 1 bath |
Schools near 316 N Lake Ave #4
Hawthorne Elementary School
601 n spring ave
sioux falls, SD, 57104
PK, K-5Public
C+
Elementary Immersion Center
2511 w brookings st
sioux falls, SD, 57104
K-5Public
C+
All City Elementary School
2511 w brookings st
sioux falls, SD, 57104
K-5Public
A-
Summit Oaks-Residential
621 e presentation ave
sioux falls, SD, 57104
K-12Public
Bridges at Horace Mann Elementary School
1401 e 26th st
sioux falls, SD, 57105
K-5Public
C+
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Internet available near 316 N Lake Ave #4
Neighborhood
Axtell Park | Sioux Falls, SD
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Sioux Falls near 316 N Lake Ave #4
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 316 N Lake Ave #4, Sioux Falls
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
3/10
Few or no bars within walking distance
Explore the area around 316 N Lake Ave #4
Alberi Grocery
321 N West Ave
Biftu Restaurant
301 S Garfield Ave
Lewis Drug
2700 W 12th St
Coop Natural Foods Cooperative Inc
410 W 18th St
Sioux Falls Co-op
410 W 18th St
Ubwiza Boutique LLC
319 N Prairie Ave
Feelin' Nyce Boutique LLC
1806 W 10th St
Family Dollar
421 W 8th St
MK Threads Boutique LLC
421 N Phillips Ave
Bloom the Boutique
1309 W 17th St
Scooter's Coffee
2205 W 12th St
Caribou Coffee
2501 W 12th St
Starbucks
418 S Minnesota Ave
The Source
421 N Phillips Ave
The Source Coffee Roastery + Taproom
421 N Phillips Ave
Ken's Korner
918 W 6th St
Burnside Game Place
1605 W Burnside St
Paradise Casino
1821 W 12th St
Kings Casino
721 W 11th St
Sport Bowl
1901 W Burnside St
Candy Cloud Factory, LLC
701 N Phillips Ave
C H Patisserie
309 S Phillips Ave
Dar El Salaam
1030 N Minnesota Ave
Queen City Bakery
324 E 8th St
Shaklee Distributor
401 E 8th St
Hunt Brothers Pizza
400 N West Ave
Habesha Restaurant LLC
323 N West Ave
Hot Stuff Pizza
1500 W 12th St
Hungry S Restaurant Inc
901 W 10th St
Pho Quynh
1100 W 12th St
West Ave/7th SE corner
PREMIER Cente/Terrace Park
8th/Lake NE corner
PREMIER Cente/Terrace Park
8th/Grange NE corner
PREMIER Cente/Terrace Park
Western/Sandy Creek Apts
University Center/Southeast Tech/North Career Ave
Western/Northwestern Apts
University Center/Southeast Tech/North Career Ave
Other units at this address
316 N Lake Ave, Sioux Falls, SD
316 N Lake Ave Sioux Falls, SD
Occupied
5
2 Beds
1 Bath
$725
On-Site Laundry • Hardwood Floor • Assigned Parking • In-Unit Laundry
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