Bedroom count
Property type
Last updated on November 1, 2026
Last updated on November 1, 2026
Bedroom count
Property type
Rapid City, SD rent rose 5.0% year over year, with a current median of $1,255/month. Renters today are paying $60 more per month on average than last year, while month-to-month rent is essentially flat.
Rapid City is 34.0% more affordable than the $1,900/month national median, making it a more accessible market for renters seeking value. The city has 132 total rentals available.
Studios rent for about $992/month, 1-bedrooms around $1,100/month, and 2-bedrooms near $1,300/month, with 3-bedrooms at $1,600/month and 4+ bedrooms at $2,000/month. These bedroom tiers reflect the range most renters encounter in Rapid City.
The 3-bedroom segment in Rapid City slipped 7.2% year over year, and the 4+ bedroom segment declined 14.0%, both diverging from the overall citywide rise of 5.0%. This contrast shows differing trends across bedroom sizes in the market.
Median rent in Rapid City
$1,255/mo
vs previous year
The average rent in Rapid City is $1,255 per month as of October 2026. This is 34% below the national average rent, or $645 less per month.
average price per square foot
Available rentals in Rapid City
132
for rent on Zumper.com as of October 2026
Share of Rapid City rentals at each price point
Average rent prices in Rapid City have remained the same over the last month and have increased by 5% 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 $1,138, whereas a house costs $1,800. 1-bedroom apartments in Rapid City run $1,100 on average, while 2-bedroom apartments are $1,260.
Listings | ||||
|---|---|---|---|---|
Studio | $992 | No Change | 7% | |
1 bedroom | $1,100 | 12% | 12% | |
2 bedroom | $1,299 | 3% | 11% | |
3 bedroom | $1,600 | 3% | 7% | |
4 bedroom | $2,000 | 2% | 14% |
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 | $1,138 | 2% | 4% | |
Condos | $1,047 | 11% | 5% | |
Houses | $1,800 | No Change | 5% |
Studio
Average rent
$992
Last year
7%
1 bedroom
Average rent
$1,100
Last 30 days
12%
Last year
12%
2 bedroom
Average rent
$1,299
Last 30 days
3%
Last year
11%
3 bedroom
Average rent
$1,600
Last 30 days
3%
Last year
7%
4 bedroom
Average rent
$2,000
Last 30 days
2%
Last year
14%
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
$1,138
Last 30 days
2%
Last year
4%
Condos
Average rent
$1,047
Last 30 days
11%
Last year
5%
Houses
Average rent
$1,800
Last 30 days
No Change
Last year
5%
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 5% 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% higher |
| Groceries | 1% higher |
| Health | 9% higher |
| Housing | 5% lower |
| Transportation | 1% lower |
| 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 $1,255 per month as of October 31, 2026.
Average rent prices in Rapid City have remained the same over the last month and have increased by 5% since last year.
Rent in Rapid City is 34% below the national average, which means renters are paying approximately $645 less per month.
To comfortably afford rent in Rapid City, you'd need to earn approximately $50,000/year, based on spending no more than 30% of your income on rent.
April offers the best rental deals in Rapid City, with rents running about 6% lower than October, which sees the highest prices of the year.
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).