Bedroom count
Property type
Last updated on August 1, 2026
Average rent in
Rapid City, SD
Average rent in
Last updated on August 1, 2026
Bedroom count
Property type
Key takeaways for renters
Where Rapid City rent stands today
Rapid City, SD rent rose 20.3% year over year, with a current median of $1,395/month. Renters today are paying $192 more per month on average than last year, despite a 2.6% month-over-month decline from the recent peak of $1,540 in June 2026.
Compared to national trends
Rapid City sits 27.7% more affordable than the $1,930/month national median, positioning it as a more accessible market for renters seeking value in a smaller metro with 120 total rentals.
Rent ranges by bedroom
Studio rents in Rapid City run around $1,200/month, 1-bedrooms at $1,100/month, and 2-bedrooms at $1,399/month, with 3-bedrooms at $1,782/month and 4+ bedrooms at $2,348/month. These ranges reflect the diversity of rental options by bedroom count in the city.
Median rent
Median rent in Rapid City
$1,395/mo
20%vs previous year
The average rent in Rapid City is $1,395 per month as of July 2026. This is 28% below the national average rent, or $535 less per month.
average price per square foot
Total rentals
Available rentals in Rapid City
120
for rent on Zumper.com as of July 2026
Rent price distribution
Share of Rapid City rentals at each price point
Rent trends in Rapid City, SD
Average rent prices in Rapid City have decreased by 3% over the last month and have increased by 20% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Rapid City, SD
Rent prices in Rapid City vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Rapid City is $1,275, whereas a house costs $2,212. 1-bedroom apartments in Rapid City run $1,100 on average, while 2-bedroom apartments are $1,295.
Listings | ||||
|---|---|---|---|---|
Studio | $1,200 |  1% | 27% | |
1 bedroom | $1,100 | 4% | 23% | |
2 bedroom | $1,399 | No Change | 25% | |
3 bedroom | $1,782 | 1% | 10% | |
4 bedroom | $2,347 | 1% | 13% |
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 | $1,275 | 2% | No Change | |
Condos | $1,225 | 2% | No Change | |
Houses | $2,212 | 1% | No Change | |
Rooms | $900 | 10% | - |
Studio
Average rent
$1,200
Last 30 days
1%
Last year
27%
1 bedroom
Average rent
$1,100
Last 30 days
4%
Last year
23%
2 bedroom
Average rent
$1,399
Last 30 days
No Change
Last year
25%
3 bedroom
Average rent
$1,782
Last 30 days
1%
Last year
10%
4 bedroom
Average rent
$2,347
Last 30 days
1%
Last year
13%
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
$1,275
Last 30 days
2%
Condos
Average rent
$1,225
Last 30 days
2%
Houses
Average rent
$2,212
Last 30 days
1%
Rooms
Average rent
$900
Last 30 days
10%
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.
How does rent in Rapid City, SD compare to other cities?
Compare median rent prices in Rapid City and Black Hawk by all bedroom counts and property types.
Rapid City
28%lower than the national median
48%lower than the national median
Takeaway
The median rent for all rentals in Rapid City, SD is 40% higher than the median rent in Black Hawk, SD.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,000
$1,700
15%$1,525
18%$1,050
1%$1,370
14%$1,186
36%$1,200
3%$2,347
80%$675
22%$900
15%$2,150
6%$837
23%Cost of living in Rapid City, SD
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 |
Discover rentals in Rapid City, SD
3d ago
1230 Estes Park Ct, Rapid City, SD 57701
1–2 beds
1–2 baths
$547–$1,075
Apartment for rent
Available Jun 30
16h ago
Apartment for rent in Rapid City
426 E Fairmont Blvd, Rapid City, SD 57701
Studio–3 beds
1–2 baths
$645–$999
Apartment for rent
19h ago
118 Waterloo St, Rapid City, SD 57701
1–3 beds
1 bath
$697–$1,097
Price drop
Apartment for rent
21h ago
27 Signal Dr, Rapid City, SD 57701
1–3 beds
1 bath
$785–$1,085
Apartment for rent
2d ago
4916 5th St, Rapid City, SD 57701
Studio–3 beds
1–2 baths
$1,200–$2,800
Apartment for rent
5d+ ago
House for rent in Rapid City
2607 W Saint Patrick St #1, Rapid City, SD 57702
3 beds
3 baths
$2,800
House for rent
Available Jul 1
5d+ ago
House for rent in Rapid City
1217 West Blvd #1, Rapid City, SD 57701
2 beds
2.5 baths
$2,600
House for rent
Available Aug 1
1d ago
4908 5th St, Rapid City, SD 57701
Studio–2 beds
1–2 baths
$1,240–$2,250
Apartment for rent
1d ago
Verified
3638 5th St, Rapid City, SD 57701
1–2 beds
1 bath
$1,100–$1,230
Apartment for rent
1d ago
Verified
4010 Elm Ave, Rapid City, SD 57701
1–2 beds
1 bath
$1,145–$1,285
Apartment for rent
3d ago
Verified
4404 Candlewood Pl, Rapid City, SD 57702
Studio–2 beds
1 bath
$1,070–$1,345
Apartment for rent
9h ago
3220 Champion Dr, Rapid City, SD 57701
Studio–3 beds
1–2 baths
$990–$1,315
Apartment for rent
1d ago
Verified
3638 5th St, Rapid City, SD 57701
1–2 beds
1 bath
$1,100–$1,230
Apartment for rent
1d ago
Verified
4010 Elm Ave, Rapid City, SD 57701
1–2 beds
1 bath
$1,145–$1,285
Apartment for rent
3d ago
Verified
4404 Candlewood Pl, Rapid City, SD 57702
Studio–2 beds
1 bath
$1,070–$1,345
Apartment for rent
9h ago
3220 Champion Dr, Rapid City, SD 57701
Studio–3 beds
1–2 baths
$990–$1,315
Apartment for rent
1d ago
Verified
4010 Elm Ave, Rapid City, SD 57701
1–2 beds
1 bath
$1,145–$1,285
Apartment for rent
3d ago
Verified
4404 Candlewood Pl, Rapid City, SD 57702
Studio–2 beds
1 bath
$1,070–$1,345
Apartment for rent
9h ago
3220 Champion Dr, Rapid City, SD 57701
Studio–2 beds
1–2 baths
$990–$1,295
Apartment for rent
15h ago
3200 Jaffa Garden Way, Rapid City, SD 57703
1 bed
1 bath
$1,030–$1,045
Apartment for rent
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Frequently asked questions for Rapid City, SD
Quick answers to common questions about the Rapid City rental market.
How much is rent in Rapid City?
The average rent in Rapid City is $1,395 per month as of July 25, 2026.
Is rent up or down in Rapid City?
Average rent prices in Rapid City have decreased by 3% over the last month and have increased by 20% since last year.
How does Rapid City rent compare to the national average?
Rent in Rapid City is 28% below the national average, which means renters are paying approximately $535 less per month.
What salary do I need to afford rent in Rapid City?
To comfortably afford rent in Rapid City, you'd need to earn approximately $56,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Rapid City?
Based on Zumper's July 2026 data, one-bedroom apartments in Rapid City average around $1,080/month and two-bedrooms approximately $1,190/month.
Methodology
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).