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modified
Updated 10 Hours Ago

Highlights

  • Pet Friendly
  • Original hardwood floors
  • Modern comfort
  • Private patios
  • Cozy fireplaces

Location

400 N Main Ave, Sioux Falls, SD 57104, USA|Downtown Sioux Falls
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Contact

Management

Pioneer Property Management

Leasing office

(605) 250-5134 ext. 2

Property Overview

Historic Downtown Lofts on Main pairs original hardwood floors, private patios, and cozy fireplaces with modern comfort, alongside strong amenities, location, and trust ratings. It stands out for convenient access to dining, entertainment, parks, and work-from-home resources, while also offering strong value per square foot and a nearby top-rated elementary 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.

Zumper Expert Rating

6.9
Good
Historic Downtown Lofts on Main is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • More space
  • Elementary school nearby

Great for

  • Social life
  • Work-from-home

Floor plans

2BR/2.0BA2 bed2 bath1,342 sqft$1,725 /mo1 unit availableStep into timeless downtown living at the historic Gourley Building — right on vibrant North Main Avenue in the heart of Sioux Falls. Built in 1908, this iconic landmark blends old-world character with modern comfort in a way no new construction can match. Inside, you'll discover 10 one-of-a-kind apartments, each with its own distinctive layout, soaring windows that flood the spaces with natural light, and those stunning original hardwood floors that creak with over a century of stories. Some units feature cozy fireplaces perfect for chilly evenings, while others open onto private patios — your personal perch overlooking the energy of downtown. Every home feels truly unique, like it was designed just for you. Live where the city comes alive: steps from world-class dining, boutique shopping, SculptureWalk, live music and theater at the Orpheum, summer concerts at Levitt at the Falls, and easy walks (or a quick bike ride) to Falls Park. Morning coffee, evening cocktails, weekend markets — it's all right outside your door. If you're looking for a home with soul, character, and unbeatable location, the Gourley Building is it. These historic lofts rarely last long. Ready to claim your piece of Sioux Falls history? Contact us today to schedule a private tour and find the apartment that feels like home.

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Amenities for Historic Downtown Lofts on Main

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

Units10
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About Historic Downtown Lofts on Main

HomeApartments in Sioux FallsDowntown Sioux Falls Historic Downtown Lofts on Main

Step into timeless downtown living at the historic Gourley Building — right on vibrant North Main Avenue in the heart of Sioux Falls. Built in 1908, this iconic landmark blends old-world character with modern comfort in a way no new construction can match. Inside, you'll discover 10 one-of-a-kind apartments, each with its own distinctive layout, soaring windows that flood the spaces with natural light, and those stunning original hardwood floors that creak with over a century of stories. Some units feature cozy fireplaces perfect for chilly evenings, while others open onto private patios — your personal perch overlooking the energy of downtown. Every home feels truly unique, like it was designed just for you. Live where the city comes alive: steps from world-class dining, boutique shopping, SculptureWalk, live music and theater at the Orpheum, summer concerts at Levitt at the Falls, and easy walks (or a quick bike ride) to Falls Park. Morning coffee, evening cocktails, weekend markets — it's all right outside your door. If you're looking for a home with soul, character, and unbeatable location, the Gourley Building is it. These historic lofts rarely last long. Ready to claim your piece of Sioux Falls history? Contact us today to schedule a private tour and find the apartment that feels like home.


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.
6.9
/10
Good
Historic Downtown Lofts on Main is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.
How we rated Historic Downtown Lofts on Main
Price·5A 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.
Monthly rent at Historic Downtown Lofts on Main is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.
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, Historic Downtown Lofts on Main 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.
Historic Downtown Lofts on Main 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 Historic Downtown Lofts on Main 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.

Historic Downtown Lofts on Main is great for:

Social life

  • 125 restaurants within 1 mile of this property
  • Area has 25 parks and recreation options
  • 27 theaters, music venues, or sports arenas nearby
  • 22 local event hubs within 1 mile

Work-from-home

  • 4 coworking spaces or cafes within 1 mile
  • Large windows for natural lighting
  • 5 office supply stores within 1 mile
  • 2 internet service provider options nearby

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 Historic Downtown Lofts on Main compares to other nearby properties.

Positives

More space
The 2-bedroom is 371 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.3 mile away

Considerations

Priced higher than average
2-bedrooms are $775 more than the median rent in this area

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Rent trends in Downtown Sioux Falls

2-bedroom apartments at Historic Downtown Lofts on Main cost about 4% less than the average rent price for 2-bedroom apartments in Downtown Sioux Falls.

Median rents as of Jul 18 2026.
Downtown Sioux Falls
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
A table of studio rental data trends in Downtown Sioux Falls
MonthMedian Rent
August 2024$1,295
September 2024$1,312
October 2024$1,265
November 2024$1,140
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$980

Affordability calculator

Can I afford to live at 400 N Main Ave?

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

$69,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $69,000 annually to afford this 2-bedrooms monthly rent price of $1,725.
For more information on rent affordability, visit our rent calculator.

Schools near Historic Downtown Lofts on Main

Hawthorne Elementary School

601 n spring ave

sioux falls, SD, 57104

PK, K-5Public
C+

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-

Summit Oaks-Residential

621 e presentation ave

sioux falls, SD, 57104

K-12Public
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Internet available near Historic Downtown Lofts on Main

Getting around Sioux Falls near 400 N Main Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 400 N Main Ave, Sioux Falls

Groceries

8/10
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

9/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

8/10
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

9/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 400 N Main Ave

M & CA Market
812 E 6th St
Tienda America
114 S Franklin Ave
Los Paisanos Hispanic Restaurant
802 E 10th St
Nikkis La Mexicana
905 E 8th St
Sunshine Foods
530 S 2nd Ave

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