Nearby rentals
Property management
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 |
One-time.
One-time. Refundable.
Assigned Parking
No pets allowed.
Questions about this property’s policies and fees?

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)
| Neighborhood | Folsom |
|---|---|
| Zip code | 57104 |
| Type | Apartment for rent |
2-bedroom apartments at 516 S Menlo Ave #1 cost about 37% less than the average rent price for 2-bedroom apartments in Folsom.
| Month | Median Rent |
|---|---|
| August 2024 | $1,133 |
| 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 |
| 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 |
Can I afford to live at 516 S Menlo Ave #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$25,000/yr
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