Last updated on June 17, 2026

Average rent in
Rapid City, SD

Key takeaways for renters

  • Where Rapid City rent stands today

    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.

  • Price ranges

    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

Median rent in Rapid City

$1,500/mo

increased by26%

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.

$1.52

average price per square foot

Total rentals

Available rentals in Rapid City

110

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Rapid City rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Rapid City, SD

Average rent prices in Rapid City have increased by 19% over the last month and have increased by 26% 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 $1,450, 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%

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%

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

Median rent price$1,500
decreased by23%

lower than the national median

Median rent price$1,450
decreased by26%

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.

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 & Services1% lower
Groceries2% higher
Health9% higher
Housing4% lower
TransportationNo difference
Utilities12% lower

Discover rentals in Rapid City, SD

The Place at Estes Park - Photo 1 of 1
Rent special

15h ago

8.3

Very good

The Place at Estes Park

1230 Estes Park Ct, Rapid City, SD 57701

1–2 beds

1–2 baths

$547–$1,075

Apartment for rent

Available Jun 11

The Place at Hainesway - Photo 1 of 1

17h ago

8.2

Very good

The Place at Hainesway

1314 Atlas St, Rapid City, SD 57701

Studio–3 beds

1 bath

$730–$1,080

Apartment for rent

Available May 15

1001 Silverleaf - Photo 1 of 1
No deposit

1d ago

8.3

Very good

1001 Silverleaf

1001 Silverleaf Ave, Rapid City, SD 57701

1 bed

1 bath

$750

Apartment for rent

5 E. Kansas City Triplex - Photo 1 of 1

1d ago

7.3

Very good

5 E. Kansas City Triplex

5 E Kansas City St, Rapid City, SD 57701

1 bed

1 bath

$750–$950

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 $1,500 per month as of June 13, 2026.

Is rent up or down in Rapid City?

Average rent prices in Rapid City have increased by 19% over the last month and have increased by 26% since last year.

How does Rapid City rent compare to the national average?

Rent in Rapid City is 23% below the national average, which means renters are paying approximately $450 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 $60,000/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?

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%.

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).

Apartments for rent in Black Hawk