22 Hours Ago
Location
503 Monroe St, Rapid City, SD 57701, USA
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Property Overview
503 Monroe St receives an impressive Zumper rating of 8.8, reflecting its strong price and amenities ratings of 10, highlighting exceptional value and living standards. With a prime location score of 9, residents enjoy easy access to schools, restaurants, and transit options. The property also features off-street parking and offers a favorable environment for remote work, social activities, and pet friendliness, while assuring transparency with a trustworthiness rating of 8.
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.
Things you’ll love
Middle school nearby- Elementary school nearby
- Less expensive
Great for
Eco living
Work-from-home
Social life
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 700 sqft | $945 /mo | 1 unit available | This cute two-bedroom, one-bathroom apartment is for rent. Close to downtown and the civic center. Lawn care is taken care of. Off-street parking for one vehicle. $945 + $40 water/sewer/garbage fee. $925 security deposit. Small dogs are welcome with reference. Pet deposit and pet rent would apply. (Will accept Section 8) Rent $945/month + $40 water/sewer/garbage fee Tenant responsible for electricity, gas, and cable/internet One pet 30lbs or less welcome, with references. Pet rent and pet deposit would apply. (pet deposit $500, pet rent $50/month) Security deposit $945 (no security deposit for qualified renters ... ask our office for details!) Standard lease terms are 12-months; or please contact our office to see if there are optional lease terms available. Please call CC Property Management for any questions or to schedule a showing (605) 721-9095, or visit www ccpropertymgmt com PLEASE NOTE: All CC Property Management residents will be enrolled in our liability insurance plan ($11.95/month) unless proof of renters insurance from a third party is provided. (Renters insurance is required for all CCPM residents and is not optional.) A comprehensive Resident Benefits Package (RBP) is also required. This valuable package offers a variety of excellent perks, from credit building and identity theft protection to a move-in concierge service for utilities and a great resident rewards program. The RBP is $25/month; or $30/month for applicable properties needing HVAC air filters (delivery included). More details upon application. See attached flyer for all of the fantastic benefits! Equal Housing Opportunity |
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Amenities for 503 Monroe St
Apartment Amenities
| Washer/Dryer Hookups |
Appliances
| Gas Range | In-Unit Laundry |
| Range | Refrigerator |
Building
| Dogs OK |
Grounds
| Off-Street Parking |
Services
| Package Service | Resident Benefits Package |
Neighborhood
| Centrally Located | Close To Downtown |
| Easy Access to I-90 | Nearby Shopping |
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
Dog policy
| Allowed | Â |
|---|
Cat policy
| Not Allowed | Â |
|---|
Contact for more information on pet policy.
Building details
Property details
| Units | 3 |
|---|
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About 503 Monroe St
This cute two-bedroom, one-bathroom apartment is for rent. Close to downtown and the civic center. Lawn care is taken care of. Off-street parking for one vehicle. $945 + $40 water/sewer/garbage fee. $925 security deposit. Small dogs are welcome with reference. Pet deposit and pet rent would apply. (Will accept Section 8) Rent $945/month + $40 water/sewer/garbage fee Tenant responsible for electricity, gas, and cable/internet One pet 30lbs or less welcome, with references. Pet rent and pet deposit would apply. (pet deposit $500, pet rent $50/month) Security deposit $945 (no security deposit for qualified renters ... ask our office for details!) Standard lease terms are 12-months; or please contact our office to see if there are optional lease terms available. Please call CC Property Management for any questions or to schedule a showing (605) 721-9095, or visit www ccpropertymgmt com PLEASE NOTE: All CC Property Management residents will be enrolled in our liability insurance plan ($11.95/month) unless proof of renters insurance from a third party is provided. (Renters insurance is required for all CCPM residents and is not optional.) A comprehensive Resident Benefits Package (RBP) is also required. This valuable package offers a variety of excellent perks, from credit building and identity theft protection to a move-in concierge service for utilities and a great resident rewards program. The RBP is $25/month; or $30/month for applicable properties needing HVAC air filters (delivery included). More details upon application. See attached flyer for all of the fantastic benefits! Equal Housing Opportunity
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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, 503 Monroe St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 503 Monroe St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
503 Monroe St 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·10A 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.
503 Monroe St 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—dogs allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
503 Monroe St 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 503 Monroe St 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.
503 Monroe St is great for:
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 503 Monroe St compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Elementary school nearby
- There is an elementary school 0.5 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.3 mile away
- Package service
- More secure storage for delivery
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Rapid City
2-bedroom apartments at 503 Monroe St cost about 17% less than the average rent price for 2-bedroom apartments in Rapid City.
Median rents as of Sep 13 2025.
Rapid City
| Month | Median Rent |
|---|---|
| September 2023 | $950 |
| October 2023 | $950 |
| November 2023 | $982 |
| December 2023 | $966 |
| January 2024 | $957 |
| February 2024 | $990 |
| March 2024 | $922 |
| April 2024 | $928 |
| May 2024 | $982 |
| June 2024 | $992 |
| July 2024 | $965 |
| August 2024 | $976 |
| September 2024 | $961 |
| October 2024 | $906 |
| November 2024 | $900 |
| December 2024 | $900 |
| January 2025 | $915 |
| February 2025 | $950 |
| March 2025 | $922 |
| April 2025 | $909 |
| May 2025 | $937 |
| June 2025 | $943 |
| July 2025 | $915 |
| August 2025 | $920 |
| September 2025 | $903 |
Affordability calculator
Can I afford to live at 503 Monroe St?
Bedrooms
2 bedroomsRent-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
$37,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,800 annually to afford this 2-bedrooms monthly rent price of $945.
For more information on rent affordability, visit our rent calculator.
Schools near 503 Monroe St
Horace Mann Elementary School
902 anamosa st
rapid city, SD, 57701
K-5Public
C
Jefferson Academy
21 st joseph st
rapid city, SD, 57701
PK, K-12Public
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Internet available near 503 Monroe St
Getting around Rapid City near 503 Monroe St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 503 Monroe St, Rapid City
Groceries
4/10
At least one grocery store within a 30-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
3/10
Few or no bars within walking distance
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