Rapid City SD Apartments
148 rentals
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SPECIAL OFFERPET FRIENDLY$1,035 - $1,500/mo
Studio-2 Beds
1-2 BathsCreekside Heights Apartments, LLC | 3276 Jim St,
Rapid City, SD 57703
PET FRIENDLY$1,015 - $1,715/moStudio-3 Beds1-2 BathsShepherd Hills Commons | 2109 E Anamosa St,
Rapid City, SD 57703
SPECIAL OFFERPET FRIENDLY$1,175 - $1,230/mo1-2 Beds1 BathSheridan Lake Apartments | 610 Sheridan Lake Rd,
Rapid City, SD 57702
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Average Rent Trends in Rapid City, SD
Rent in Rapid City, SD varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Nov 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,204 |
| Jan 2026 | $1,240 |
| Feb 2026 | $1,145 |
| Mar 2026 | $1,103 |
| Apr 2026 | $1,023 |
| May 2026 | $1,032 |
| Jun 2026 | $1,283 |
| Jul 2026 | $1,183 |
| Aug 2026 | $1,071 |
| Sep 2026 | $1,063 |
| Oct 2026 | $1,186 |
| Nov 2026 | $1,173 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,002 | $1,345 | $1,775 | $2,300 | $1,350 |
| Townhomes | $1,800 | $1,700 | $2,000 | $2,950 | $1,800 |
| Apartments and Condos | $900 | $1,350 | $1,395 | $2,600 | $1,100 |
| Houses | $900 | $1,300 | $1,775 | $2,300 | $1,995 |
Frequently Asked Questions about Apartments and Condos for rent in Rapid City, SD
- What is the average rent of an apartment in Rapid City, SD?The average rent of an apartment in Rapid City, SD is $1,167 per month.
- When is the average rent for an apartment cheapest in Rapid City, SD?In 2025, the average rent for an apartment in Rapid City, SD was lowest in March when it was $1,031 per month.
- When is the average rent for an apartment most expensive in Rapid City, SD?In 2025, the average rent for an apartment in Rapid City, SD was highest in August when it was $1,311 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Rapid City, SD?The average rent of a 1 bedroom apartment in Rapid City, SD is $1,023 per month. That is about $106 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Rapid City, SD?There are 142 available apartments or condos to rent in Rapid City, SD.
- What are some neighborhoods in Rapid City, SD?Some neighborhoods in Rapid City, SD include: Rapid Valley, Colonial Pine Hills, Green Valley, Johnson Siding.
- What are some zip codes in Rapid City, SD?
- What are some cities near Rapid City, SD?Some nearby cities include: Blackhawk, Ashland Heights, Summerset, Piedmont, Keystone. These cities may have more rental options to explore.
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