Zumper
modified
Updated 5+ Days Ago

Highlights

  • Pet Friendly
  • Private balcony
  • Ample closet space
  • In-unit washer and dryer
  • Updated flooring
  • Spacious living room and kitchen area
  • No smoking

Location

7003 W 56th St, Sioux Falls, SD 57106, USA
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Management

AJ Property Management Inc.

Leasing office

(605) 270-3198

Property Overview

Park Place Condominiums - 7003 offers strong overall value with a high expert rating, excellent price-to-value balance, and a convenient location. It also stands out for work-from-home appeal, nearby top-rated schools, and features like a private balcony, in-unit washer and dryer, updated flooring, ample closet space, and a spacious living room and kitchen area.

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.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, Park Place Condominiums - 7003 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Park Place Condominiums - 7003 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • High school nearby

Great for

  • Work-from-home

Floor plans

2BR/1.0BA2 bed1 bath950 sqft$1,099 /mo1 unit available2 Bedroom Apartment for Rent – West Side of Sioux Falls Welcome to this 2 bedroom, 1 bathroom apartment located on the desirable west side of Sioux Falls, SD. This second-floor unit offers a spacious layout, modern updates, and convenient amenities, making it a great place to call home. Apartment Features: • 2 bedrooms, 1 bathroom • Spacious living room and kitchen area with an open feel • Two generously sized bedrooms with ample closet space • Updated flooring throughout the unit • In-unit washer and dryer (included with the apartment) • Second-floor unit with a private balcony • Garage and one designated parking space included at no additional cost • Functional floor plan with plenty of natural light Great West-Side Location: Enjoy easy access to shopping centers, restaurants, grocery stores, parks, schools, and major roadways while living in a quiet, well-maintained community. Utilities: • $50 monthly utility fee covers all utilities except electric, gas, and internet • Tenant is responsible for placing electric, gas, and internet services in their name This apartment offers an excellent combination of comfort, convenience, and value in one of Sioux Falls' most desirable areas. Rental Requirements: No smoking No violent felonies No sex offenders 600+ credit score No prior evictions Income must be at least 3× monthly rent Pet Policy: • Maximum of 1 pet • $500 refundable pet deposit • $50/month pet rent Message for pricing, availability, or to schedule a showing!

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Amenities for Park Place Condominiums - 7003

Building

Cats OKDogs OK
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

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units4
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About Park Place Condominiums - 7003

HomeApartments in Sioux Falls Park Place Condominiums - 7003

2 Bedroom Apartment for Rent – West Side of Sioux Falls Welcome to this 2 bedroom, 1 bathroom apartment located on the desirable west side of Sioux Falls, SD. This second-floor unit offers a spacious layout, modern updates, and convenient amenities, making it a great place to call home. Apartment Features: • 2 bedrooms, 1 bathroom • Spacious living room and kitchen area with an open feel • Two generously sized bedrooms with ample closet space • Updated flooring throughout the unit • In-unit washer and dryer (included with the apartment) • Second-floor unit with a private balcony • Garage and one designated parking space included at no additional cost • Functional floor plan with plenty of natural light Great West-Side Location: Enjoy easy access to shopping centers, restaurants, grocery stores, parks, schools, and major roadways while living in a quiet, well-maintained community. Utilities: • $50 monthly utility fee covers all utilities except electric, gas, and internet • Tenant is responsible for placing electric, gas, and internet services in their name This apartment offers an excellent combination of comfort, convenience, and value in one of Sioux Falls' most desirable areas. Rental Requirements: No smoking No violent felonies No sex offenders 600+ credit score No prior evictions Income must be at least 3× monthly rent Pet Policy: • Maximum of 1 pet • $500 refundable pet deposit • $50/month pet rent Message for pricing, availability, or to schedule a showing!


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.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, Park Place Condominiums - 7003 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Park Place Condominiums - 7003 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Park Place Condominiums - 7003
Price·10A 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.
Park Place Condominiums - 7003 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, Park Place Condominiums - 7003 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.
Park Place Condominiums - 7003 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 Park Place Condominiums - 7003 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.

Park Place Condominiums - 7003 is great for:

Work-from-home

  • High speed internet is an amenity
  • Large windows for natural lighting
  • Utilities included in the rent
  • Quiet environment with little noise pollution

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 Park Place Condominiums - 7003 compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 1 mile away
High school nearby
There is a high school 1 mile away

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away
Lacks images
Fewer than 10 photos available for this location
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Sioux Falls

2-bedroom apartments at Park Place Condominiums - 7003 cost about 4% less than the average rent price for 2-bedroom apartments in Sioux Falls.

Median rents as of Jul 18 2026.
Sioux Falls
A table of studio rental data trends in Sioux Falls
MonthMedian Rent
August 2024$1,056
September 2024$1,117
October 2024$1,040
November 2024$944
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$863

Affordability calculator

Can I afford to live at 7003 W 56th St?

Bedrooms

2 bedrooms

Rent-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

$43,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $43,960 annually to afford this 2-bedrooms monthly rent price of $1,099.
For more information on rent affordability, visit our rent calculator.

Schools near Park Place Condominiums - 7003

R.F. Pettigrew Elementary School

7900 w 53rd st

sioux falls, SD, 57106

PK, K-5Public
A-

Tea Area Frontier Elementary - 05

2700 s lancaster dr

sioux falls, SD, 57106

K-5Public
B

Sonia Sotomayor Spanish Immersion Elementary School

1510 s lake ave

sioux falls, SD, 57105

PK, K-5Public
A

Tea Area Preschool - 07

131 n poplar ave

tea, SD, 57064

PKPublic

Tea Area Venture Elementary - 06

101 e 7th st

tea, SD, 57064

K-5Public
B+
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Internet available near Park Place Condominiums - 7003

Getting around Sioux Falls near 7003 W 56th St

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

1/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 7003 W 56th St, Sioux Falls

Groceries

4/10
Some groceries within a short drive

Shopping

6/10
Variety of shops within a short drive

Cafes

4/10
Some cafés within a short drive

Restaurants

5/10
Variety of restaurants within a short drive

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Nightlife

5/10
Variety of bars within a short drive

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