What's the average rent in Rapid City, SD?

Rental Market Trends in Rapid City, SD

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Rapid City, SD is $1,560 per month, which is 20% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,560

20.0%$260 increase month-over-month

15.4%$208 increase year-over-year

AVAILABLE RENTALS

228

APARTMENTS

$1,303

HOUSES

$2,175

TOWNHOUSES

$1,600

As of June 2026, apartments are the most affordable rental option in Rapid City, SD at $1,303 per month, while houses are the most expensive at $2,175 per month. Townhomes average $1,600 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,299
2 Bedrooms	$1,400
3 Bedrooms	$1,820
4 Bedrooms	$2,350
All	$1,560

As of June 2026, the average rent for a 1 bedroom rental in Rapid City, SD is $1,299 per month, followed by $1,400 for a 2 bedroom rental, $1,820 for a 3 bedroom rental, and $2,350 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,800
2 Bedrooms	$1,100
3 Bedrooms	$1,850
4 Bedrooms	—
All	$1,600

As of June 2026, the average rent for a 1 bedroom townhome in Rapid City, SD is $1,800 per month, followed by $1,100 for a 2 bedroom townhome, and $1,850 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,875
2 Bedrooms	$1,495
3 Bedrooms	$1,300
4 Bedrooms	—
All	$1,600

As of June 2026, the average rent for a 1 bedroom apartment in Rapid City, SD is $1,875 per month, followed by $1,495 for a 2 bedroom apartment, and $1,300 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,650
3 Bedrooms	$1,950
4 Bedrooms	$2,400
All	$2,175

As of June 2026, the average rent for a 1 bedroom house in Rapid City, SD is $950 per month, followed by $1,650 for a 2 bedroom house, $1,950 for a 3 bedroom house, and $2,400 for a 4 bedroom house.