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

Rental Market Trends in Rapid City, SD

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Rapid City, SD is $1,382 per month, which is 29% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,382

-0.4%-$5 decrease month-over-month

1.3%$18 increase year-over-year

AVAILABLE RENTALS

210

APARTMENTS

$1,237

HOUSES

$2,000

TOWNHOUSES

$1,700

As of September 2026, apartments are the most affordable rental option in Rapid City, SD at $1,237 per month, while houses are the most expensive at $2,000 per month. Townhomes average $1,700 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,106
2 Bedrooms	$1,368
3 Bedrooms	$1,830
4 Bedrooms	$2,575
All	$1,382

As of September 2026, the average rent for a 1 bedroom rental in Rapid City, SD is $1,106 per month, followed by $1,368 for a 2 bedroom rental, $1,830 for a 3 bedroom rental, and $2,575 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,800
2 Bedrooms	$1,467
3 Bedrooms	$2,056
4 Bedrooms	—
All	$1,700

As of September 2026, the average rent for a 1 bedroom townhome in Rapid City, SD is $1,800 per month, followed by $1,467 for a 2 bedroom townhome, and $2,056 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,075
2 Bedrooms	$1,255
3 Bedrooms	$1,500
4 Bedrooms	$1,200
All	$1,100

As of September 2026, the average rent for a 1 bedroom apartment in Rapid City, SD is $1,075 per month, followed by $1,255 for a 2 bedroom apartment, $1,500 for a 3 bedroom apartment, and $1,200 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,800
2 Bedrooms	$1,595
3 Bedrooms	$1,900
4 Bedrooms	$2,600
All	$2,000

As of September 2026, the average rent for a 1 bedroom house in Rapid City, SD is $1,800 per month, followed by $1,595 for a 2 bedroom house, $1,900 for a 3 bedroom house, and $2,600 for a 4 bedroom house.