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Third Avenue Lofts apartments in Sioux Falls, SD

Updated

Third Avenue Lofts

325 E 12th St, Sioux Falls, SD 57104, USA

5 (31 reviews) Official Website

Live pricing, refreshed

6
Units Listed
$1,225
Starting at
$1,489
Average
$1,700
Highest
$1.55
Per Sq Ft

How does this compare? View Sioux Falls 57104 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,225
from $1,225 · 2 units
~755 sqft avg
2 Bed
$1,621
from $1,580 · 4 units
~1,060 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$9,195/mo

from 6 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,533

vs $1,489 current asking

Recent Lease Activity

12 units tracked; 6 assumed leased, 6 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

6

Moderate availability

6 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Sioux Falls, SD

Similar
Dynamic Services, LLC
$675
Third Avenue Lofts
$1,225

Comparing this building against 1 similar Sioux Falls, SD apartments by price. Click any bar to view that building.

See rent trends on the Sioux Falls, SD map Explore Sioux Falls, SD on the interactive map

Available Units

6 units
1 Bed / 1 Bath THE ASPIRE
$1,225/mo
755 ft² · $1.62/ft² · #THE ASPIRE
1 Bed / 1 Bath THE CLASSIC
$1,225/mo
755 ft² · $1.62/ft² · #THE CLASSIC
2 Bed / 2 Bath THE CAPTIVA
$1,580/mo
1,022 ft² · $1.55/ft² · #THE CAPTIVA
2 Bed / 2 Bath THE RUTHERFORD
$1,595/mo
1,040 ft² · $1.53/ft² · #THE RUTHERFORD
2 Bed / 2 Bath THE ARTESIAN
$1,610/mo
1,022 ft² · $1.58/ft² · #THE ARTESIAN
2 Bed / 2 Bath THE STERLING
$1,700/mo
1,154 ft² · $1.47/ft² · #THE STERLING

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Trains close by

Freight line 892 ft away

  • Trains pass infrequently
  • Crossing 892 ft away. Horns expected during the day.
  • Operator: EE

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Sioux Falls, SD notes

No resident notes for this property yet.

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