Cheap Apartments for Rent in 57701
171 rentals
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Studio-1 Bed
1 BathDowntown Rapid City Studio Apartment - Utilities Included | 808 Saint Joseph St #202,
Rapid City, SD 57701
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PET FRIENDLY$875 - $1,080/mo1-3 Beds1 BathThe Place at Hainesway | 1314 Atlas St #1320-5-203,
Rapid City, SD 57701
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PET FRIENDLY$900 - $1,245/mo1-3 Beds1-2 BathsBridgewood Estates | 415 E Minnesota St #8cf09cab5,
Rapid City, SD 57701
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PET FRIENDLY$950 - $1,542/mo2-3 Beds2 BathsLaCrosse Apartments | 761 E Anamosa St #1ad78b6b1,
Rapid City, SD 57701
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SPECIAL OFFERPET FRIENDLY$960 - $1,075/mo1-2 Beds1-2 BathsThe Place at Estes Park | 1230 Estes Park Ct #1220-A-104,
Rapid City, SD 57701
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Average Rent Trends in 57701
Rent in 57701 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,250 |
| Aug 2025 | $1,300 |
| Sep 2025 | $1,204 |
| Oct 2025 | $1,221 |
| Nov 2025 | $1,200 |
| Dec 2025 | $1,200 |
| Jan 2026 | $1,200 |
| Feb 2026 | $1,250 |
| Mar 2026 | $1,150 |
| Apr 2026 | $1,200 |
| May 2026 | $1,200 |
| Jun 2026 | $1,540 |
Average Rent By Bedroom and Home Type
In June 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,437 | $1,300 | $1,600 | $2,400 | $1,560 |
| Townhomes | — | $872 | $1,850 | — | $1,100 |
| Apartments and Condos | $1,900 | $1,650 | $1,025 | — | $1,660 |
| Houses | $1,000 | $1,340 | $1,745 | $2,400 | $2,170 |
Frequently Asked Questions about Rentals in 57701
- What is the average rent of an apartment in 57701?The average rent of an apartment in 57701 is $1,286 per month. This is about 34% lower than the national average.
- What is the average rent of a house in 57701?The average rent of a house in 57701 is $2,170 per month. This is about 11% higher than the national average.
- What is the average rent of a townhome in 57701?The average rent of a townhome in 57701 is $1,100 per month. This is about 44% lower than the national average.
- When is the average rent cheapest in 57701?In the last year, the average rent in 57701 was lowest in Apr 2025 when it was $1,100 per month.
- When is the average rent most expensive in 57701?In the last year, the average rent in 57701 was highest in Aug 2025 when it was $1,300 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 57701?The average rent of a 1 bedroom apartment in 57701 is $1,437 per month. That is about $69 more than the cost of a studio apartment.
- How many available rental listings are in 57701?There are 164 available rental listings in 57701.
- What are some cities near 57701?Some nearby cities include: Ashland Heights, Blackhawk, Rapid City, Piedmont, Summerset, Box Elder. These cities may have more rental options to explore.