Last updated on November 1, 2026

Average rent in
Rapid City, SD

Key takeaways for renters

  • The bottom line

    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.

  • Price ranges

    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.

  • Neighborhood spotlight

    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

Median rent in Rapid City

$1,255/mo

increased by5%

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.

$1.38

average price per square foot

Total rentals

Available rentals in Rapid City

132

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Rapid City rentals at each price point

65%49%33%16%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 remained the same over the last month and have increased by 5% 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 $1,138, 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%

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%

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$1,255
decreased by34%

lower than the national median

Median rent price$1,200
decreased by37%

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.

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% higher
Groceries1% higher
Health9% higher
Housing5% lower
Transportation1% lower
Utilities12% lower

Discover rentals in Rapid City, SD

Sundial Square Apartments - Photo 1 of 1

2d ago

8.3

Very good

Sundial Square Apartments

118 Waterloo St, Rapid City, SD 57701

2–4 beds

1 bath

$697–$997

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Edgewood Estates - Photo 1 of 1
Income restricted

4d ago

7.7

Very good

Edgewood Estates

721 Eldene Ln, Rapid City, SD 57701

2–3 beds

1–2 baths

$777–$1,220

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Star Village - Photo 1 of 1

1d ago

7.8

Very good

Star Village

27 Signal Dr, Rapid City, SD 57701

1–3 beds

1 bath

$785–$1,085

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
617 Saint Cloud St #C - Photo 1 of 1

2d ago

Condo for rent in Rapid City

2 beds

1 bath

$800

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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 $1,255 per month as of October 31, 2026.

Is rent up or down in Rapid City?

Average rent prices in Rapid City have remained the same over the last month and have increased by 5% 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 $645 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).

Apartments for rent in Black Hawk