4975 Rainbow Ln, Rapid City, SD 57703
OFF MARKET

4975 Rainbow Ln
Rapid City, SD 57703

Rapid Valley
  • Studio
  • 1,344 sqft (on 0.36 acres)

$235,500

Trulia Estimate
as of Aug 13, 2026

$235,500

Trulia Estimate
as of Aug 13, 2026
Studio
1,344 sqft
(on 0.36 acres)

Home Value

Trulia Estimate
$236K
Since last month
Decreased$9K (-4%)
Since last year
Decreased$15K (-6.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +76% in the last 10 years
MonthEstimated value
2026
August 2026$224K
July 2026$227K
June 2026$233K
May 2026$235K
April 2026$222K
March 2026$219K
February 2026$198K
January 2026$213K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5002 Roberts Ct, Rapid City, SD
0.23
Mobile / Manufactured
$76,000
09/08/25
3
2
1,216
1680 Jolly Ln, Rapid City, SD
0.75
Mobile / Manufactured
$350,000
03/13/26
3
2
1,920
4200 E Highway 44 #55, Rapid City, SD
0.72
Mobile / Manufactured
$85,000
06/01/26
-
1,216
4419 Circlewood Dr, Rapid City, SD
0.75
Mobile / Manufactured
$150,000
04/30/26
3
2
1,296
4372 Circlewood Dr, Rapid City, SD
0.74
Mobile / Manufactured
$75,000
11/03/25
3
2
1,216
4432 Circlewood Dr, Rapid City, SD
0.75
Mobile / Manufactured
$193,435
10/17/25
3
2
1,500
4464 Circlewood Dr #3, Rapid City, SD
0.79
Mobile / Manufactured
$20,000
05/15/26
-
1,456
3117 Pioneer Dr, Rapid City, SD
1.23
Mobile / Manufactured
$335,000
05/01/26
3
2
1,512
3155 Anderson Rd, Rapid City, SD
1.50
Mobile / Manufactured
$310,000
09/05/25
3
2
1,920
23032 Palamino Ln, Rapid City, SD
2.14
Mobile / Manufactured
$320,000
07/20/26
3
2
1,768

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2017 Meadow Ln, Rapid City, SD 57703
0.03
$270,000
2
1
872
Recently Sold
2143 Old Farm Ct, Rapid City, SD 57703
0.08
$330,000
3
2
1,824
Recently Sold
2198 Old Farm Ct, Rapid City, SD 57703
0.13
$336,000
4
2
1,868
Recently Sold
4852 Bonnie Ln, Rapid City, SD 57703
0.12
$310,000
4
2
1,620
For Sale
5124 Leroy St, Rapid City, SD 57703
0.16
$304,200
3
2
1,224
Off Market
5062 Basswood St, Rapid City, SD 57703
0.17
$340,000
4
2
2,184
Recently Sold
5399 Weathervane Ln, Rapid City, SD 57703
0.19
$398,500
4
2
2,320
Off Market
1810 Plateau Ln, Rapid City, SD 57703
0.17
$346,500
4
2
1,810
Off Market
2430 Sprucewood St, Rapid City, SD 57703
0.23
$294,500
3
2
1,296
Off Market
5436 Weathervane Ln, Rapid City, SD 57703
0.25
$289,500
3
1.5
1,296
Off Market
5002 Roberts Ct, Rapid City, SD 57703
0.23
$75,900
3
2
1,216
Off Market
1610 Pennington St, Rapid City, SD 57703
0.25
$303,400
3
2
2,016
Off Market

Local Information

  • Map ViewExplore the area around 4975 Rainbow Ln.
-- mins to
Commute Destination

Home Highlights

Property Type
Mobile/Manufactured
Year Built
1971
Lot Size
0.36 acres
Living Area
1,344 sqft
Price/Sqft
$175

About this House

This mobile / manufactured is located at 4975 Rainbow Ln, Rapid City, SD. 4975 Rainbow Ln is in the Rapid Valley neighborhood in Rapid City, SD and in ZIP code 57703. This property has approximately 1,344 sqft of floor space. This property has a lot size of 0.36 acres and was built in 1971.
4975 Rainbow Ln, Rapid City, SD 57703 is a studio, 1,344 sqft mobile/manufactured in Rapid Valley, built in 1971. It is currently off market. The Trulia Estimate is $235,500, with a rent estimate of $1,322/month.

Home Details for 4975 Rainbow Ln

Property Information

Year Built
Year Built: 1971
Property Type / Style
Property Type: Mobile Manufactured

Lot Information

Lot Area: 0.36 acres

Price and Tax history

YearProperty taxTax assessment
2025
$2,540
$175,700
Home facts updated by county records

Market trends in Rapid City

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$367K
$14.18KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$212
$0MoM
Available listings
425
49MoM
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Around this home

Neighborhood Overview

Rapid Valley
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Rapid Valley

At least 18 Trulia users voted on each feature.

  • 95 % Say it's dog friendly

  • 94 % Say parking is easy

  • 91 % Say car is needed

  • 91 % Say yards are well-kept

  • 88 % Say there's holiday spirit

  • 83 % Say kids play outside

  • 79 % Say there are sidewalks

  • 72 % Say it's quiet

  • 71 % Say people would walk alone at night

  • 67 % Say they plan to stay for at least 5 years

  • 58 % Say neighbors are friendly

  • 43 % Say there's wildlife

  • 29 % Say streets are well-lit

  • 17 % Say there are community events

  • 10 % Say it's walkable to restaurants

  • 10 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Rex
    "We have fireworks during the 4th of July. There is also pancake suppers for fundraiser for the Rapid Valley Fire department. "
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  • Lori F.
    "The neighborhood really enjoys Fourth of July the celebration goes on for days upon days! Lots of neighbors love to shoot fireworks which is great to sit outside and watch with the kids at night, gives everyone an extra show both before and after the big show on the Fourth of July! "
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  • Trulia User
    "Rapid valley is a very kid and dog friendly community, most of the neighbors take pride in their homes and yards. You see kids walking to and from school and lots of people walking babies in strollers it seems to be a safe area and the people love to celebrate the holidays. So if this meets what you are looking for in a neighborhood then the valley is the place for you! Good luck house hunting!!"
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  • Lori F.
    "Friendly lots of dog walkers and people walking babies and young kids an elementary school is centrally located within the neighborhood overall a quiet place to live "
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  • Carmen E. B.
    "Lots of other animals in the neighborhood but people are rude about picking up dog poop I’ve noticed!"
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  • Lori F.
    "Lots of dog walkers in the neighborhood, kids playing outside, especially since there’s an elementary school a couple blocks away, normally a very quiet neighborhood a good mix of established residents and new property owners. Convenience of gas stations and a dollar tree within five minutes of the house for those last minute items that were forgotten at the store. Convenient location for stores, strip malls or even the mall within ten minutes. Great location to have rapid city at your fingertips without having to be right in the middle and having to deal with rush hour traffic"
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  • Lori F.
    "Very dog friendly neighborhood lots and lots of dog walkers! Very friendly area to live in. Overall low traffic area except when school lets out, but it is convenient for families with younger kids"
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  • Lori
    "Quiet neighborhood typically without issue reasonable place to live cost wise. Convenient location to gas stations and interstate. Lots of younger kids very close to an elementary school. Good location for young families and first time buyers! Large lots per house. Nice to have more space than the newer neighborhoods offer. Usual lot size is a half acre or more!! "
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  • Lori F.
    "Fourth of July is spectacular very neighborly nice place to live especially for young families with young kids school within walking distance "
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  • Lori F.
    "You see people walking there dogs and pushing strollers all the time very friendly for both kids and dogs! Great neighborhood to live in very safe and quiet "
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  • Lori F.
    "There’s an elementary school in the neighborhood good for young families quiet community to live in low crime rate people love to celebrate the Fourth of July here! Everyone has been very friendly new to the area "
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  • Dnoneill69
    "very friendly, great neighborhood great neighbors, kids playing. what I love most is being close to down town but far away enough for some quiet and less traffic. the area is definitely growning "
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Homes for sale near 4975 Rainbow Ln

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Off Market Homes Near 4975 Rainbow Ln

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Frequently asked questions about 4975 Rainbow Ln

  • What is 4975 Rainbow Ln estimated to be worth?
    Trulia's estimated value for 4975 Rainbow Ln in Rapid City, SD is $235,500.
  • Is Rapid City a buyer's or seller's market?
    Rapid City is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Rapid City?
    The median sale price in Rapid City is $367K. That is up $14.18K from the prior month.
  • What do residents say about the Rapid Valley neighborhood?
    Residents describe the Rapid Valley neighborhood in Rapid City, SD as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Rapid Valley, Rapid City.
  • How big is the lot at 4975 Rainbow Ln?
    The lot at 4975 Rainbow Ln in Rapid City, SD is about 0.36 acres (15,681 sq ft).