Rapid City SD Apartments
130 rentals
- SPECIAL OFFERPET FRIENDLYFURNISHED$1,465 - $2,170/mo1-3 Beds1-2 BathsThe Meadows - Rapid City | 1719 Moon Meadows Dr,
Rapid City, SD 57702 - SPECIAL OFFERPET FRIENDLY$1,055 - $1,480/moStudio-2 Beds1-2 BathsCreekside Heights Apartments, LLC | 3276 Jim St,
Rapid City, SD 57703 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYINCOME RESTRICTED
- PET FRIENDLY
- NEW - 1 DAY AGOPET FRIENDLY
- PET FRIENDLY$1,375 - $1,525/mo1-2 Beds1 BathHoopers Place Patio Home Apartments | 2774 Timberwolves Rd,
Rapid City, SD 57703 - PET FRIENDLYTotal price$1,375 - $1,525/mo1-2 Beds1 BathFighting Irish Patio Home Apartments | 4454 Bruins Way,
Rapid City, SD 57703 - $1,095 - $1,375/mo1-2 Beds1-2 BathsPointe West Apartments | 3945 Pointe West Pl,
Rapid City, SD 57702 - $1,175 - $1,230/mo1-2 Beds1 BathSheridan Lake Apartments | 610 Sheridan Lake Rd,
Rapid City, SD 57702 - $1,015 - $1,915/moStudio-3 Beds1-3 BathsShepherd Hills Commons | 2109 E Anamosa St,
Rapid City, SD 57703 Save Search in Rapid City, SD
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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 stayed about the same in Sep 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,263 |
| Nov 2025 | $1,195 |
| 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 |
Average Rent By Bedroom and Home Type
In October 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 | $1,100 | $1,350 | $1,800 | $2,395 | $1,350 |
| Townhomes | $1,800 | $1,450 | $2,056 | — | $1,700 |
| Apartments and Condos | $1,050 | $1,256 | $1,400 | $1,200 | $1,100 |
| Houses | $1,025 | $1,450 | $1,895 | $2,475 | $1,895 |
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 $1,189 per month. This is about 39% lower than the national average.
- When is the average rent for an apartment cheapest in Rapid City, SD?In the last year, the average rent in Rapid City, SD was lowest in Mar 2025 when it was $1,031 per month.
- When is the average rent for an apartment most expensive in Rapid City, SD?In the last year, the average rent in Rapid City, SD was highest in Aug 2025 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 $1,055 per month. That is about $150 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Rapid City, SD?There are 130 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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