Bedroom count
Property type
Last updated on June 17, 2026
Last updated on June 17, 2026
Bedroom count
Property type
Rapid City, SD rent rose 25.5% year over year, with a current median of $1,500/month. This marks a $235 increase per month compared to last year, reaching the peak rent level for the market as of June 2026.
Rapid City sits 23.1% more affordable than the $1,950/month national median, offering renters a lower-cost option in a smaller market with 110 total rentals.
Studios in Rapid City run around $1,460/month, 1-bedrooms around $1,265/month, and 4+ bedrooms reach $2,395/month. This range reflects the variation renters face by bedroom count.
Median rent in Rapid City
$1,500/mo
vs previous year
The average rent in Rapid City is $1,500 per month as of June 2026. This is 23% below the national average rent, or $450 less per month.
average price per square foot
Available rentals in Rapid City
110
for rent on Zumper.com as of June 2026
Share of Rapid City rentals at each price point
Average rent prices in Rapid City have increased by 19% over the last month and have increased by 26% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Rapid City vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Rapid City is $1,450, whereas a house costs $2,150. 1-bedroom apartments in Rapid City run $1,295 on average, while 2-bedroom apartments are $1,400.
Listings | ||||
|---|---|---|---|---|
Studio | $1,460 | 10% | 49% | |
1 bedroom | $1,265 | 14% | 40% | |
2 bedroom | $1,425 | 12% | 28% | |
3 bedroom | $1,769 | 6% | 13% | |
4 bedroom | $2,395 | 1% | 2% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Rapid City, SD.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,450 | 11% | No Change | |
Condos | $1,200 | 1% | No Change | |
Houses | $2,150 | 7% | No Change | |
Rooms | $995 | 11% | - |
Studio
Average rent
$1,460
Last 30 days
10%
Last year
49%
1 bedroom
Average rent
$1,265
Last 30 days
14%
Last year
40%
2 bedroom
Average rent
$1,425
Last 30 days
12%
Last year
28%
3 bedroom
Average rent
$1,769
Last 30 days
6%
Last year
13%
4 bedroom
Average rent
$2,395
Last 30 days
1%
Last year
2%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Rapid City, SD.
Apartments
Average rent
$1,450
Last 30 days
11%
Condos
Average rent
$1,200
Last 30 days
1%
Houses
Average rent
$2,150
Last 30 days
7%
Rooms
Average rent
$995
Last 30 days
11%
The table above reflects average rent prices in Rapid City, SD, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Rapid City and Black Hawk by all bedroom counts and property types.
Rapid City
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Rapid City, SD is 3% higher than the median rent in Black Hawk, SD.
Explore rent trends in neighboring markets
Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.
Expenses accrued by most renters | Average cost compared to national average |
|---|---|
| Goods & Services | 1% lower |
| Groceries | 2% higher |
| Health | 9% higher |
| Housing | 4% lower |
| Transportation | No difference |
| Utilities | 12% lower |
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the Rapid City rental market.
The average rent in Rapid City is $1,500 per month as of June 13, 2026.
Average rent prices in Rapid City have increased by 19% over the last month and have increased by 26% since last year.
Rent in Rapid City is 23% below the national average, which means renters are paying approximately $450 less per month.
To comfortably afford rent in Rapid City, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.
Rapid City's 2025 rental market shows one-bedroom apartments averaging around $1,000 per month, while two-bedroom units average around $1,200 monthly. Both bedroom types experienced declines from the previous year, with one-bedrooms down 7.0% and two-bedrooms decreasing 5.3%.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).