503 Monroe St #507, Rapid City, SD 57701
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OFF MARKET
  • 2 Beds
  • 1 Bath
  • 700 sqft

503 Monroe St #507, Rapid City, SD 57701

Home Highlights

Apartment
700 sqft

Local Information

  • Map ViewExplore the area around 503 Monroe St #507.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

RENT SPECIAL ~ HOLIDAY MERRINESS
Limited Time Offer Let the season sparkle!
* $300 MoveIn Credit
 Applied to your first month's rent with a 12Month Lease
* Off a Second Month's Rent
 Choose the month you'd like (must be selected before lease signing)
* APPLICATION FEE CREDIT if approved, it goes toward your first rent payment
* Apply by: Monday, December 22, 2025

Fine Print:
Second month discount must be chosen prior to lease signing. Discounts apply to full months only. Application fee credit applies only to financially responsible applicants and will be applied to the first rent payment (full month or prorated). Application fee credit offer does not extend to additional occupants or cosigners.

This cozy two-bedroom, one-bathroom apartment offers comfort, convenience, and a great location just minutes from downtown and the civic center.
Features Include:
- Off-street parking for one vehicle
- Lawn care includedno mowing required
- $895 monthly rent + $45 utility fee (covers water, sewer, and garbage)
- $895 security deposit
- Small dogs welcome with references (pet deposit and monthly pet rent apply)
- Section 8 accepted for this unit
- No Smoking
Enjoy peaceful living with easy access to city amenities. Schedule your tour today and make this charming space your new home!

Rent $895/month + $45 water/sewer/garbage fee
Tenant responsible for electricity, gas, and cable/internet
One pet 30lbs or less welcome, with references. Pet rent and pet deposit would apply. (pet deposit $500, pet rent $50/month)
Security deposit $895 (no security deposit for qualified renters ... ask our office for details!)
Standard lease terms are 12-months; or please contact our office to see if there are optional lease terms available.

PLEASE NOTE: All CC Property Management residents will be enrolled in our liability insurance plan ($11.95/month) unless proof of renters insurance from a third party is provided. (Renters insurance is required for all CCPM residents and is not optional.)
A comprehensive Resident Benefits Package (RBP) is also required. This valuable package offers a variety of excellent perks, from credit building and identity theft protection to a move-in concierge service for utilities and a great resident rewards program. The RBP is $25/month; or $30/month for applicable properties needing HVAC air filters (delivery included). More details upon application. See attached flyer for all of the fantastic benefits!

Equal Housing Opportunity
#CCPM #CCPropertyManagement #RapidCityRentals
503 Monroe St #507, Rapid City, SD 57701 is a 2 bedroom, 1 bathroom, 700 sqft apartment. More recently, it was listed as a rental in August 2025 with an asking price of $925 per month. That rental listing was removed on December 12, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,057/month.

Home Details for 503 Monroe St #507

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Interior Features

Appliances & Utilities
Refrigerator

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 503 Monroe St #507

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
314 E New York St, Rapid City, SD
0.84
Apartment
$240,000
10/13/25
2
1
880 sqft
4330 W Main St #16B, Rapid City, SD
3.47
Apartment
$210,000
02/09/26
2
2
1,100 sqft
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Rapid City

Last updated Sep 2026
Trulia Rent Estimate$1,057/mo
Average rent
$1.38K
$5MoM
Available listings
210
View rental market trends in Rapid City, SD

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Rapid City

At least 315 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 88 % Say it's dog friendly

  • 83 % Say parking is easy

  • 81 % Say there are sidewalks

  • 78 % Say yards are well-kept

  • 73 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 67 % Say there's wildlife

  • 65 % Say people would walk alone at night

  • 64 % Say it's quiet

  • 54 % Say streets are well-lit

  • 51 % Say neighbors are friendly

  • 42 % Say they plan to stay for at least 5 years

  • 29 % Say it's walkable to restaurants

  • 28 % Say it's walkable to grocery stores

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Nubia Quinonez
    "15 minutes to every thing"
    0
    Flag
  • Taylor Weathers
    "The area is nice, crime is really low, some areas are alittle run down but majority of the city and surrounding area is beautiful. I’m told the schools are good and there’s plenty for children to do around here. Plenty outdoor activities "
    1
    Flag
  • Michelle B
    "It’s a neighborhood 20+ years old, so there is space between houses and they don’t all look alike. Parkview park is only 2 blocks away with a pool, play area and softball fields. "
    0
    Flag
  • Aereal Willhoite
    "Rapid City is an outdoor enthusiast dream city to live plenty of stuff to do for everyone with their different personalities"
    0
    Flag
  • Jefffrazier
    "It’s not my “neighborhood”. We are renting a cabin here for the winter. The locals are not as friendly as we might have imagined. We are probably seen as outsiders. Given the beauty and blessings involved with this place, I can’t blame them. "
    0
    Flag
  • Jefffrazier
    "Few sidewalks, but drivers seem to be appropriately cautious when encountering wildlife and/or pets. "
    0
    Flag
  • jon.g.fleming
    "I work from home but my old commute was around 20 minutes in light traffic most mornings and evenings."
    0
    Flag
  • S.d.beckfamily
    "There are a lot of dog walkers in the area. We have a beautiful park in walking distance from our home. Also a nice dog park a short drive away. "
    9
    Flag
  • Lisalpog
    "The Southside of rapid city is one of the better part of town to live in. I live in the Newest part of the southside and it’s relatively quiet. Other than if you live close to Cattron which my building is located close to Catherine and sometimes you can hear the traffic. Other than that it’s great"
    12
    Flag
  • Chandlor M.
    "Fun place to live and have a family great schools great neighbors well maintained yards snow removal is a little lacking but you can get past it "
    1
    Flag
  • Rex
    "We have fireworks during the 4th of July. There is also pancake suppers for fundraiser for the Rapid Valley Fire department. "
    0
    Flag
  • Berto B. O.
    "The city is small and more laid back. People are mostly nice. There are a lot of outdoor activities to do in each season."
    6
    Flag
  • Chassidysieveke
    "Most people keep to themselves. It is very safe neighborhood for kids tho. Most houses have large lots."
    0
    Flag
  • 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! "
    0
    Flag
  • Lakotaprarireheart
    "dogs are leashed and owners are very responsible for their dogs neighborhoods are well maintained people are very friendly "
    6
    Flag
  • Jay Sie
    "Some neighbors are friendly & considerate. Some aren’t. Nice place to live. The roads need to be maintained better. The parks could use some clean up. "
    1
    Flag
  • Heather T.
    "Grandview, and Robbinsdale are great schools. Teachers are dedicated to see all students succeed . "
    2
    Flag
  • Elliott B.
    "Parents should recommend new kids to the area to hang out at the local park parking lot lots of kids down there"
    5
    Flag
  • Brandi B.
    "From what I'm told from tourist, we are very friendly and welcoming town. Also that our surrounding areas, the Black Hills, is gorgeous."
    0
    Flag
  • 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!!"
    0
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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 "
    0
    Flag
  • Natalia H.
    "we moved to Auburn Hills in August 2018. the neighbors are very nice and friendly. this winter everybody helped with clearing snow and working together. I wish we had a better school near by"
    0
    Flag
  • Craig
    "The lots are all fairly large, with at least 1/2 acre each. The area is very family and pet friendly, with common playground areas and walking paths through the open fields."
    0
    Flag
  • Carmen E. B.
    "Lots of other animals in the neighborhood but people are rude about picking up dog poop I’ve noticed!"
    0
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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"
    0
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  • Kayla C.
    "My neighborhood has many apartment developments. It’s a nice residential part of town with stores close by. "
    6
    Flag
  • Briann P.
    "my part of town is close to both down town and a Walmart. also not far from fast food restaurants. Close to three churches "
    3
    Flag
  • 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"
    0
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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!! "
    0
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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 "
    0
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  • Tyehjohnson
    "There’s a dog park, a pool, hot tub, and a gym all right here. All the dog owners are very friendly and encourage positive interaction with other dogs/owners. "
    0
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  • Njjoyce1981
    "Family friendly community just stay away from north rapid after dark. Not the best place to be at night especially alone by yourself."
    7
    Flag
  • 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 "
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Dec 12, 2025
Source: Zillow Rentals
ListingRemoved
$895
Nov 11, 2025
Source: Zillow Rentals
PriceChange
$895
Price decreased by 1%
Nov 4, 2025
Source: Zillow Rentals
PriceChange
$905
Price decreased by 4%
Sep 3, 2025
Source: Zillow Rentals
PriceChange
$945
Price increased by 2%
Aug 15, 2025
Source: Zillow Rentals
Listed For Rent
$925

Frequently asked questions about 503 Monroe St #507

  • Is Rapid City a buyer's or seller's market?
    Rapid City is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Rapid City?
    The median sale price in Rapid City is $375K. That is up $7.67K from the prior month.
  • What do residents say about Rapid City?
    Residents describe Rapid City, SD as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in Rapid City, SD.
  • What are the closest schools to 503 Monroe St #507?
    The closest schools to 503 Monroe St #507 in Rapid City, SD are Central High School - 41 (rated 2/10), Horace Mann Elementary - 07 (rated 2/10), North Middle School - 35 (rated 2/10).
  • Does 503 Monroe St #507 have parking?
    Yes, 503 Monroe St #507 in Rapid City, SD has on-site parking.

Homes for rent near 503 Monroe St #507

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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