Bedroom count
Property type
Last updated on September 17, 2026
Average rent in
Rapid City, SD
Average rent in
Last updated on September 17, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Rapid City, SD rent rose 4.0% year over year to a current median of $1,248/month. The $9 per month difference from last year is negligible, so rents are essentially flat year over year despite a month-over-month decline of 4.8%.
Compared to national trends
Rapid City is 34.3% more affordable than the $1,900/month national median, providing a lower-cost option for renters in a smaller market with 120 total rentals. This positions the city as an accessible rental market.
Rent ranges by bedroom
Studios rent for $992/month, 1-bedrooms for $1,100/month, and 2-bedrooms for $1,300/month in Rapid City. Larger units include 3-bedrooms at $1,664/month and 4+ bedrooms at $2,398/month. The rental inventory is weighted toward smaller units, with studios and 1-bedrooms comprising over 40% of total rentals.
Median rent
Median rent in Rapid City
$1,247/mo
4%vs previous year
The average rent in Rapid City is $1,247 per month as of September 2026. This is 34% below the national average rent, or $652 less per month.
average price per square foot
Total rentals
Available rentals in Rapid City
120
for rent on Zumper.com as of September 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 5% over the last month and have increased by 4% 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 $1,160, whereas a house costs $2,095. 1-bedroom apartments in Rapid City run $1,100 on average, while 2-bedroom apartments are $1,235.
Listings | ||||
|---|---|---|---|---|
Studio | $992 |  10% | 7% | |
1 bedroom | $1,100 | 4% | 17% | |
2 bedroom | $1,300 | 5% | 18% | |
3 bedroom | $1,664 | 5% | 5% | |
4 bedroom | $2,397 | 2% | 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 | $1,160 | 6% | No Change | |
Condos | $995 | 1% | No Change | |
Houses | $2,095 | 2% | No Change | |
Rooms | $900 | No Change | - |
Studio
Average rent
$992
Last 30 days
10%
Last year
7%
1 bedroom
Average rent
$1,100
Last 30 days
4%
Last year
17%
2 bedroom
Average rent
$1,300
Last 30 days
5%
Last year
18%
3 bedroom
Average rent
$1,664
Last 30 days
5%
Last year
5%
4 bedroom
Average rent
$2,397
Last 30 days
2%
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
$1,160
Last 30 days
6%
Condos
Average rent
$995
Last 30 days
1%
Houses
Average rent
$2,095
Last 30 days
2%
Rooms
Average rent
$900
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
34%lower than the national median
34%lower than the national median
Takeaway
The median rent for all rentals in Rapid City, SD is 1% lower than the median rent in Black Hawk, SD.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,255
$1,494
4%$1,725
1%$1,014
3%$1,350
15%$1,063
50%$1,150
9%$2,100
10%$800
48%$977
6%$1,275
14%$1,050
31%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
7h ago
118 Waterloo St, Rapid City, SD 57701
2–4 beds
1 bath
$697–$1,297
Apartment for rent
18h ago
27 Signal Dr, Rapid City, SD 57701
1–3 beds
1 bath
$785–$1,085
Apartment for rent
5d+ ago
1504 Sioux Ave, Rapid City, SD 57701
2 beds
1 bath
$850
Apartment for rent
1d ago
1314 Atlas St, Rapid City, SD 57701
1–3 beds
1 bath
$875–$1,080
Apartment for rent
Available Sep 16
5d+ ago
House for rent in Rapid City
4 beds
3.5 baths
$3,995
House for rent
5d+ ago
House for rent in Rapid City
4 beds
2.5 baths
$3,700
House for rent
16h ago
4916 5th St, Rapid City, SD 57701
Studio–3 beds
1–2 baths
$1,000–$2,500
Apartment for rent
5d+ ago
House for rent in Rapid City
4726 Dornoch Ct #1, Rapid City, SD 57702
2 beds
2 baths
$2,400
House for rent
Available Nov 1
2h ago
Verified
3638 5th St, Rapid City, SD 57701
1–2 beds
1 bath
$1,090–$1,200
Apartment for rent
16h ago
Verified
4404 Candlewood Pl, Rapid City, SD 57702
Studio–2 beds
1 bath
$1,100–$1,325
Apartment for rent
7h ago
118 Waterloo St, Rapid City, SD 57701
2–4 beds
1 bath
$697–$1,297
Apartment for rent
20h ago
236 Stumer Rd, Rapid City, SD 57701
3 beds
2 baths
$1,495
Apartment for rent
2h ago
Verified
3638 5th St, Rapid City, SD 57701
1–2 beds
1 bath
$1,090–$1,200
Apartment for rent
16h ago
Verified
4404 Candlewood Pl, Rapid City, SD 57702
Studio–2 beds
1 bath
$1,100–$1,325
Apartment for rent
20h ago
236 Stumer Rd, Rapid City, SD 57701
3 beds
2 baths
$1,495
Apartment for rent
5d+ ago
3200 Jaffa Garden Way, Rapid City, SD 57703
1 bed
1 bath
$1,065
Apartment for rent
2h ago
Verified
3638 5th St, Rapid City, SD 57701
1–2 beds
1 bath
$1,090–$1,200
Apartment for rent
16h ago
Verified
4404 Candlewood Pl, Rapid City, SD 57702
Studio–2 beds
1 bath
$1,100–$1,325
Apartment for rent
20h ago
236 Stumer Rd, Rapid City, SD 57701
3 beds
2 baths
$1,495
Apartment for rent
1d ago
3220 Champion Dr, Rapid City, SD 57701
1 bed
1 bath
$1,165
Apartment for rent
Stay up to date with rental market insights
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
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 $1,247 per month as of September 12, 2026.
Is rent up or down in Rapid City?
Average rent prices in Rapid City have decreased by 5% over the last month and have increased by 4% since last year.
How does Rapid City rent compare to the national average?
Rent in Rapid City is 34% below the national average, which means renters are paying approximately $652 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 $50,000/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?
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.
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).