Updated 3 Hours Ago
Location
500 S Dakota Ave, Sioux Falls, SD 57104, USA|Downtown Sioux Falls
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Property Overview
500 S. Dakota Ave. offers strong value with a high overall rating, competitive pricing, and a solid set of amenities, along with a well-rated location and transparent listing details. It also stands out for walkability, nearby transit, parks, dining, entertainment, and work-from-home conveniences, with helpful photos and access to a nearby top-rated high school.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Images Available
Great for
Eco living
Social life
Work-from-home
Floor plans
| The Landmark on Dakota - SD - PGO - 6 | 1 bed | 1 bath | 698 sqft | $795 /mo | The Landmark on Dakota – Downtown, Sioux Falls, SD COMMUNITY OVERVIEW Enjoy spacious living walking distance to downtown Sioux Falls in The Landmark historic building. Features include original hardwood floors and woodwork with updated light fixtures throughout. Located near shopping, dining, entertainment, and more! UNIT DETAILS – #6 Rent: $795 Bedrooms / Bathrooms: 1BR / 1BA Rent amount shown is for monthly auto-pay schedule INTERIOR HIGHLIGHTS: Wood floors Window air/baseboard heat COMMUNITY AMENITIES: On-site laundry Controlled access TENANT RESPONSIBLE FOR: Electric, Internet: $58/mo Gas/Water/Sewer/Trash: $55/mo PET POLICY: Pets allowed with approval, breed and weight restrictions may apply $35 monthly pet rent, one-time pet fee: $250 per pet, 2 pets max HOW TO SCHEDULE A TOUR: Schedule a tour online at leasingsouthdakota. com or call 316-375-0060 |
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Policies and fees
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Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time.
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Building details
Property details
| Units | 1 |
|---|
About 500 S. Dakota Ave.
The Landmark on Dakota – Downtown, Sioux Falls, SD COMMUNITY OVERVIEW Enjoy spacious living walking distance to downtown Sioux Falls in The Landmark historic building. Features include original hardwood floors and woodwork with updated light fixtures throughout. Located near shopping, dining, entertainment, and more! UNIT DETAILS – #1 Rent: $795 ONE MONTH FREE WITH 13 MONTH LEASE! Bedrooms / Bathrooms: 1BR / 1BA Rent amount shown is for monthly auto-pay schedule INTERIOR HIGHLIGHTS: Wood floors Window air/baseboard heat COMMUNITY AMENITIES: On-site laundry Controlled access TENANT RESPONSIBLE FOR: Electric, Internet: $58/mo Gas/Water/Sewer/Trash: $55/mo PET POLICY: Pets allowed with approval, breed and weight restrictions may apply $35 monthly pet rent, one-time pet fee: $250 per pet, 2 pets max HOW TO SCHEDULE A TOUR: Schedule a tour online at leasingsouthdakota. com or call 316-375-0060
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.1
/10
Very GoodWith a solid 8.1 out of 10 overall, 500 S. Dakota Ave. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 500 S. Dakota Ave. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
500 S. Dakota Ave. stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 500 S. Dakota Ave. is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
500 S. Dakota Ave. is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 500 S. Dakota Ave. does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
500 S. Dakota Ave. is great for:
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 500 S. Dakota Ave. compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.6 miles away
- Images Available
- There are at least 10 photos of this property
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.4 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 0.9 miles away
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Rent trends in Downtown Sioux Falls
1-bedroom apartments at 500 S. Dakota Ave. cost about 36% less than the average rent price for 1-bedroom apartments in Downtown Sioux Falls.
Median rents as of Oct 31 2026.
Downtown Sioux Falls
Sioux Falls
| Month | Median Rent |
|---|---|
| November 2024 | $873 |
| December 2024 | $875 |
| January 2025 | $880 |
| February 2025 | $894 |
| March 2025 | $887 |
| April 2025 | $953 |
| May 2025 | $833 |
| June 2025 | $827 |
| July 2025 | $851 |
| August 2025 | $850 |
| September 2025 | $850 |
| October 2025 | $850 |
| November 2025 | $856 |
| December 2025 | $837 |
| January 2026 | $848 |
| February 2026 | $871 |
| March 2026 | $865 |
| April 2026 | $874 |
| May 2026 | $874 |
| June 2026 | $863 |
| July 2026 | $860 |
| August 2026 | $874 |
| September 2026 | $875 |
| October 2026 | $873 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,100 |
| December 2024 | $1,100 |
| January 2025 | $1,100 |
| February 2025 | $1,125 |
| March 2025 | $1,130 |
| April 2025 | $1,218 |
| May 2025 | $1,055 |
| June 2025 | $1,052 |
| July 2025 | $1,082 |
| August 2025 | $1,139 |
| September 2025 | $1,162 |
| October 2025 | $1,116 |
| November 2025 | $1,100 |
| December 2025 | $1,100 |
| January 2026 | $803 |
| February 2026 | $889 |
| March 2026 | $850 |
| April 2026 | $967 |
| May 2026 | $1,075 |
| June 2026 | $995 |
| July 2026 | $962 |
| August 2026 | $1,019 |
| September 2026 | $1,134 |
| October 2026 | $1,122 |
Affordability calculator
Can I afford to live at 500 S Dakota Ave?
Bedrooms
1 bedroomRent-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
$31,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $31,800 annually to afford this 1-bedroom monthly rent price of $795.
For more information on rent affordability, visit our rent calculator.
Schools near 500 S. Dakota Ave.
Susan B. Anthony Elementary School - 66
2000 s dakota ave
sioux falls, SD, 57105
PK, K-5Public
B
Sonia Sotomayor Spanish Immersion Elementary School
1510 s lake ave
sioux falls, SD, 57105
PK, K-5Public
A
Bridges at Horace Mann Elementary School
1401 e 26th st
sioux falls, SD, 57105
K-5Public
C+
Challenge Center School
3101 s 4th ave
sioux falls, SD, 57105
2-5Public
A-
Elementary Immersion Center
2511 w brookings st
sioux falls, SD, 57104
K-5Public
C+
Getting around Sioux Falls near 500 S Dakota Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
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 500 S Dakota Ave, Sioux Falls
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
8/10
Wide variety of cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Nightlife
9/10
Wide variety of bars within a few minutes' walk
Explore the area around 500 S Dakota Ave
Sunshine Foods
530 S 2nd Ave
Africa Market LLC
318 W 18th St
Coop Natural Foods Cooperative Inc
410 W 18th St
Sioux Falls Co-op
410 W 18th St
Bariki International Market
1114 S Minnesota Ave
Duluth Trading Co
320 S Phillips Ave
Marie Marie Bridal LLC
229 S Phillips Ave
Chelsea's Boutique
220 S Phillips Ave
J H & Sons
216 S Phillips Ave
Mint & Basil
207 S Phillips Ave
Starbucks
418 S Minnesota Ave
Josiah's Coffeehouse & Cafe
104 W 12th St
Breaks Coffee Roasting
311 E 12th St
Starbucks
201 E 8th St
The Source
421 N Phillips Ave
Paramount Cocktails & Food
307 S Phillips Ave
Top Hat Bar & Lounge
508 S 1st Ave
Lucky's
224 S Phillips Ave
Tommyjack's Pub
214 E 12th St
Bin 201
201 E 11th St
The Spice and Tea Exchange of Sioux Falls
328 S Phillips Ave
C H Patisserie
309 S Phillips Ave
Ultra Organic LLC
101 S Reid St
Shaklee Distributor
401 E 8th St
Sanaa's Gourmet Mediterranean
401 E 8th St
Lyon Park
Kirby Dog Park at Fort Sod
Fawick Park
Playground
Van Eps Park
Liberty Cafe LLC
206 W 14th St
TRN Iowa LLC
600 S Main Ave
Starbucks
418 S Minnesota Ave
Sushi Masa
423 S Phillips Ave
Maribella Ristorante
360 S Main Ave
Minnesota/13th SE
Blue S Minnesota Ave, W 41St, Empire Mall
Minnesota/13th SW
Blue S Minnesota Ave, W 41St, Empire Mall
Minnesota/11th NW
Blue S Minnesota Ave, W 41St, Empire Mall
Minnesota/16th SE
Blue S Minnesota Ave, W 41St, Empire Mall
2nd Ave/13th SE
Pink S Cliff Ave, Avera Medical, Lincoln High Sch
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