Updated 1 Day Ago
Highlights
- On-site laundry
- Snow removal
- Central heat
- Updated bathroom
- Eat-in kitchen with refrigerator and stove/oven
- Cable-ready wiring
Location
516 S Menlo Ave #1, Sioux Falls, SD 57104, USA|Folsom
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Property Overview
Convenient access and strong value stand out, with nearby public transit, 13 photos for a clear preview, and a top-tier value-for-money ranking in the area. Nearby parks, restaurants, entertainment options, and walkability add appeal, while on-site recycling, high-speed internet, utilities included, and an eat-in kitchen with updated bathroom and central heat round out the features.
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
Less expensive- Images Available
- Laundry available on site
Great for
Eco living
Work-from-home
Social life
Amenities for 516 S Menlo Ave #1, Folsom
Apartment Amenities
| Carpet | Central Heat |
| Eat-in Kitchen | Living Room |
| No Dogs | Pantry |
| 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 | Off-Street Parking |
Services
| Lawn Care Included | Snow Removal Included |
| Trash Removal Included |
Neighborhood
| 90+ Walk Score |
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 516 S Menlo Ave #1
Sweet deal!
This listing is 33% below the median price for 2 bedroom apartments in Folsom.
Discover this budget-friendly 2-bedroom, 1-bath apartment in Sioux Falls. The unit features a large living room with carpeted floors, an eat-in kitchen with a refrigerator and stove/oven, and a pantry for extra storage. There are two bedrooms, an updated bathroom, central heat, cable-ready wiring, and internet access availability, which keep the space convenient The small building offers secured entry and on-site laundry. Parking is included with one off-street spot; snow removal, lawn care, and trash removal are provided. All lease agreements include 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) This is a quiet area, and we are looking for a quiet tenant to call this home. You've just found your next Sioux Falls home! (rent increases of an estimated 3% occur automatically on January 1st of each year)
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 516 S Menlo Ave #1 compares to other nearby properties.
Positives
- 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
Address details
| Neighborhood | Folsom |
|---|---|
| Zip code | 57104 |
| Type | Apartment for rent |
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Rent trends in Folsom
2-bedroom apartments at 516 S Menlo Ave #1 cost about 33% less than the average rent price for 2-bedroom apartments in Sioux Falls.
Median rents as of Aug 1 2026.
Folsom
Sioux Falls
| Month | Median Rent |
|---|---|
| August 2024 | $1,134 |
| 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 | $1,084 |
| February 2026 | $1,106 |
| March 2026 | $1,123 |
| April 2026 | $1,122 |
| May 2026 | $1,144 |
| June 2026 | $1,150 |
| July 2026 | $1,149 |
| August 2026 | $1,150 |
| Month | Median Rent |
|---|---|
| December 2024 | $845 |
| January 2025 | $845 |
| February 2025 | $856 |
| March 2025 | $827 |
| April 2025 | $868 |
| May 2025 | $870 |
| June 2025 | $871 |
| July 2025 | $875 |
| August 2025 | $875 |
| November 2025 | $870 |
| December 2025 | $856 |
| January 2026 | $873 |
| February 2026 | $917 |
| March 2026 | $869 |
| April 2026 | $850 |
| May 2026 | $878 |
| June 2026 | $875 |
| July 2026 | $995 |
| August 2026 | $935 |
Affordability calculator
Can I afford to live at 516 S Menlo Ave #1?
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
$25,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $25,000 annually to afford this 2-bedrooms monthly rent price of $625.
For more information on rent affordability, visit our rent calculator.
Schools near 516 S Menlo Ave #1
Lowell Elementary School
710 w 18th st
sioux falls, SD, 57104
PK, K-5Public
B-
Sonia Sotomayor Spanish Immersion Elementary School
1510 s lake ave
sioux falls, SD, 57105
PK, K-5Public
A
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-
Bridges at Horace Mann Elementary School
1401 e 26th st
sioux falls, SD, 57105
K-5Public
C+
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Internet available near 516 S Menlo Ave #1
Getting around Sioux Falls near 516 S Menlo Ave #1
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 516 S Menlo Ave #1, Sioux Falls
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Nightlife
8/10
Wide variety of bars within a few minutes' walk
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Check availability
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