Apartment for rent

Pet friendly

Updated 13 Hours Ago

8.3

Very Good

The Cascade at The Steel District Apartments
701 N Phillips Ave, Sioux Falls, SD 57104, USA

Lloyd Companies

701 N Phillips Ave, Sioux Falls, SD 57104, USA

8.3

Very Good

Monthly rent	$1,054–$3,729
Beds	Studios–2
Baths	1–2
Sqft	460–1,118

Monthly rent	$1,054–$3,729
Beds	Studios–2
Baths	1–2
Sqft	460–1,118

Updated 13 Hours Ago

Highlights

Pet Friendly

Fitness center
Underground parking
Two-level lofts
Courtyard
Luxury living destination

Location

701 N Phillips Ave, Sioux Falls, SD 57104, USA|North End East

Hi! Let’s figure out if this property is right for you.

Tour The Cascade at The Steel District

Contact

Managed by

Management

Lloyd Companies

Leasing office

(844) 243-9656 ext. 9636

Open

9:30 am–5:30 pm CT

Property Overview

The Cascade at The Steel District is a well-rated property with strong overall value, standout amenities, and a convenient location. Its fitness center, underground parking, two-level lofts, and courtyard support a luxury living destination, while nearby dining, parks, coworking options, and walkability make it appealing for social life, work from home, fitness, and sustainability.

Zumper Expert Rating

8.3

Very Good

With a solid 8.3 out of 10 overall, The Cascade at The Steel District is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, The Cascade at The Steel District has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

More space
Elementary school nearby
Dishwasher

Great for

Work-from-home
Wellness
Eco living

Floor plans

The Bettie	Studio	1 bath	460 sqft	$1,054–$2,048 /mo	2 units available
Grizzly	Studio	1 bath	520 sqft	$1,145–$2,176 /mo	1 unit available
Yellowstone	Studio	1 bath	530+ sqft	$1,150–$2,249 /mo	2 units available
The Hennessy	1 bed	1 bath	775 sqft	$1,321–$2,373 /mo	1 unit available
Sutherland	1 bed	1 bath	704 sqft	$1,464–$2,681 /mo	2 units available
Whitewater	1 bed	1 bath	697 sqft	$1,552–$2,735 /mo	1 unit available
McClellan	2 bed	1 bath	925 sqft	$1,649–$2,971 /mo	1 unit available
Sylvan	2 bed	1 bath	940 sqft	$1,685–$3,028 /mo	1 unit available
Churchill	2 bed	1 bath	993 sqft	$1,859–$3,289 /mo	1 unit available
Kegon	2 bed	2 bath	1,118 sqft	$2,118–$3,729 /mo	1 unit available

Let's explore this property.

Amenities for The Cascade at The Steel District

Apartment Amenities

Air Conditioning	Balcony
Carpet	Ceiling Fan
Fireplace	Furnished
Guest Room	Hardwood Floor
High Ceiling	High Ceilings
Large Closets	Patio
View	Walk-in Closet
Washer/Dryer Hookups	Window Coverings

Appliances

Dishwasher	Efficient Appliances
Garbage Disposal	Gas Range
In-Unit Laundry	Microwave
Refrigerator

Tech

Cable Ready	Electronic Thermostat
High-Speed Internet	Security Alarm
Smart Home Technology

Building

Business Center	Cats OK
Coffee Bar	Community Room
Controlled Access	Dogs OK
Elevator	Fitness Center
Handrails	Heated Underground Parking
Onsite Laundry	Roof Deck
Wheelchair Accessible

Grounds

Bike Racks	Gate
Pool Table	Storage
Swimming Pool

Services

House Sitting	Housekeeping
Night Patrol	On-Site Maintenance
On-Site Management	Package Service
Recycling

Neighborhood

Transportation

Other

Short Term 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

Application Fee

Per-applicant. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed

Limit2

Cat Policy

Allowed

Limit2

Cat

Cat Deposit

One-time. 2 cats max. Refund Policy: $200.00.

$200

Cat Fee

One-time. Refund Policy: Non-refundable.

$300

Cat Rent

Monthly. Refund Policy: Non-refundable.

$35

Dog

Dog Deposit

One-time. 2 dogs max. Refund Policy: $200.00.

$200

Dog Fee

One-time. Refund Policy: Non-refundable.

$300

Dog Rent

Monthly. Refund Policy: Non-refundable.

$35

Questions about this property’s policies and fees?

Building details

Property details

Units	197

About The Cascade at The Steel District

Home

Apartments in Sioux Falls

North End East

The Cascade at The Steel District

The Cascade is a luxury living destination in downtown Sioux Falls. The Cascade boasts 197 lofts, including two-level, townhome-style lofts, accessible commercial space for dining and shopping, and amenities like a courtyard and fitness center. Our community is a short walk from Falls Park and The Steel District, near biking and jogging trails, and across from the Levitt outdoor music venue. Underground parking will make your commute a breeze, and downtown landmarks like the Washington Pavilion and Phillips Avenue sculpture walk are a few minutes away.

Zumper Expert Rating

8.3

/10

Very Good

How we rated The Cascade at The Steel District

Price·7

While the monthly rent is more than the median price per bedroom of nearby properties, The Cascade at The Steel District has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.

Amenities·10

The Cascade at The Steel District stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed, furnished rental—making this one of the top choices for renters seeking unparalleled comfort and convenience.

Location·9

The Cascade at The Steel District 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·8

Anyone looking for quality at a great value will find The Cascade at The Steel District to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.

Trustworthiness·8

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.

Reviews from the web

Showing 8 highest rated

My wife and I love living here. Tons of modern amenities in a great location in downtown Sioux Falls. The staff is friendly, and is very responsive to any requests from residents. The property is immaculately taken care of inside and out.

Jeff Newberg

Aug 20, 2020

Out move in experience could not have been better. Morgan Saugstad did an excellent job of guiding us through the process and is still helping us as we have questions or need assistance. We could not be happier and love living here. Our Apartment, the maintenance of the property including beautiful courtyard landscaping are impressive. The other amenities from the coffee cafe, to the beautiful entrances and lobby, the 605 lounge and view from the terrace on 5th floor are all wonderful Thank you so much. Cheryl and Michael Boldt

cheryl Boldt

Nov 20, 2024

So you know my background, I’m 37 and never rented before, I’ve only owned homes, acreages and lake properties. I’m full time military and have traveled the world and also am a landlord of a good amount of properties. My life let me try a bucket list opportunity and that was to live in a downtown setting. I chose the Cascades for my first time I was paying rent. Living here as blown all my expectations out of the water. First the amenities which I wont even include them all just my FAVS, car wash underground in parking garage, dog wash station, grocery store, brewery, salon, dog park, COFFEE shop that delivers coffee and breakfast or street tacos up to my room for no fee ( and we also get 10% off the order), gym, 3 unique community areas that are beautiful. I can host 70 people in one that I can reserve, one over looks the falls and the other the pool. There is even more but you have to see it. Next, my two professionally trained hunting and support labs that went from 60 acres to here, love it, when we walk down stairs outside, we aren’t downtown, we are uptown. Meaning when we walk across the street, we don’t have another building, we have id guess 10+ acres of falls park to run around. I can let my dogs off leash and they roam the tall grass. Its like being on the acreage but still downtown, without all the maintenance. Lastly, the management here is very professional. They treat people with respect no matter what. They look out for the greater good of the community at the same time trying to help them have some fun. They host catered parties and events then, we get to meet residents, all free of charge. The maintenance guys, I would love to pluck away and use on my properties, but they are so top quality I couldn’t afford them, most of them have been big time property people themselves but just love what they do now. They will hang your flat screens tv for you, fix any little issue (in my experience within 12 hours) So overall if you like a resort feel apartment this is the place to be. Life is what you make of it, and I've had a great time over the last year and a half. Put my name down as a reference if you like this review and we will use the money we get to go out to eat on the Cascades!:) Matt Hummel

Matthew Hummel

Aug 28, 2020

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

The Cascade at The Steel District is great for:

Work-from-home

High speed internet is an amenity
3 coworking spaces or cafes within 1 mile
2 internet service provider options nearby
3 office supply stores within 1 mile

Wellness

On-site fitness center or gym
There are 30 grocery stores within 1 mile
This property has patios or balconies for fresh air
HVAC systems available onsite

Eco living

19 parks within a mile
On-site recycling or composting options
Thermostats
You can get around by foot in this area

Property highlights

How The Cascade at The Steel District compares to other nearby properties.

Positives

More space: The 2-bedroom is 78 sqft larger than other listings nearby
Elementary school nearby: There is an elementary school 0.3 mile away
Dishwasher: Dishwasher available in kitchen
Elevator: Improved accessibility features
Fireplace: Upgraded in-unit features
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
Package service: More secure storage for delivery
Walk-in closet: More closet space on average

Property Map

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Rent trends in North End East

Studio apartments at The Cascade at The Steel District cost about 1% more than the average rent price for studios in North End East.

1-bedroom apartments here are priced 5% higher than 1-bedrooms in North End East.

If you decide to upgrade your space, you can expect 2-bedrooms at The Cascade at The Steel District to be 6% less than the average for similarly sized apartments in North End East.

Median rents as of Sep 5 2026.

North End East

Sioux Falls

A table of studio rental data trends in Sioux Falls
Month	Median Rent
September 2024	$1,118
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	$860
August 2026	$874
September 2026	$875

A table of studio rental data trends in North End East
Month	Median Rent
September 2024	$1,169
October 2024	$1,132
November 2024	$1,090
December 2024	$1,049
February 2025	$1,058
March 2025	$1,136
February 2026	$1,176
April 2026	$1,109
May 2026	$1,109

Affordability calculator

Can I afford to live at 701 N Phillips Ave?

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

$45,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $45,800 annually to afford this studio median monthly rent price of $1,145.

For more information on rent affordability, visit our rent calculator.

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