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

Rental Market Trends in Rapid City, SD

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Rapid City, SD is $1,332 per month, which is 31% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,332

-1.3%-$18 decrease month-over-month

6.6%$82 increase year-over-year

AVAILABLE RENTALS

224

APARTMENTS

$1,167

HOUSES

$1,900

TOWNHOUSES

$1,700

As of November 2026, apartments are the most affordable rental option in Rapid City, SD at $1,167 per month, while houses are the most expensive at $1,900 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	$1,050
2 Bedrooms	$1,300
3 Bedrooms	$1,795
4 Bedrooms	$2,400
All	$1,332

As of November 2026, the average rent for a 1 bedroom rental in Rapid City, SD is $1,050 per month, followed by $1,300 for a 2 bedroom rental, $1,795 for a 3 bedroom rental, and $2,400 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,800
2 Bedrooms	$1,450
3 Bedrooms	$1,995
4 Bedrooms	$2,950
All	$1,700

As of November 2026, the average rent for a 1 bedroom townhome in Rapid City, SD is $1,800 per month, followed by $1,450 for a 2 bedroom townhome, $1,995 for a 3 bedroom townhome, and $2,950 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,295
3 Bedrooms	$1,300
4 Bedrooms	$2,600
All	$1,100

As of November 2026, the average rent for a 1 bedroom apartment in Rapid City, SD is $900 per month, followed by $1,295 for a 2 bedroom apartment, $1,300 for a 3 bedroom apartment, and $2,600 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,025
2 Bedrooms	$1,300
3 Bedrooms	$1,800
4 Bedrooms	$2,395
All	$1,900

As of November 2026, the average rent for a 1 bedroom house in Rapid City, SD is $1,025 per month, followed by $1,300 for a 2 bedroom house, $1,800 for a 3 bedroom house, and $2,395 for a 4 bedroom house.