Rapid City, SD rental market
Last updated October 2, 2025
Rental market summary
The average rent for all bedrooms and all property types in Rapid City, SD is $1,305.
$1,305
-$19
-$40
214
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $598 to $4,000.
| Rent price | Number of rental properties |
|---|---|
| $500 | 1 |
| $600 | 1 |
| $700 | 5 |
| $800 | 17 |
| $900 | 33 |
| $1,000 | 17 |
| $1,100 | 26 |
| $1,200 | 34 |
| $1,300 | 25 |
| $1,400 | 21 |
| $1,500 | 13 |
| $1,600 | 10 |
| $1,700 | 12 |
| $1,800 | 11 |
| $1,900 | 12 |
| $2,000 | 8 |
| $2,100 | 5 |
| $2,200 | 6 |
| $2,300 | 5 |
| $2,400 | 6 |
| $2,500 | 11 |
| $2,600 | 5 |
| $2,700 | 4 |
| $2,800 | 3 |
| $2,900 | 2 |
| $3,000 | 1 |
| $3,500 | 1 |
| $3,900 | 2 |
| $4,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $40 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,300 | $1,349 |
| Feb | $1,300 | $1,275 |
| Mar | $1,288 | $1,200 |
| Apr | $1,200 | $1,237 |
| May | $1,300 | $1,209 |
| Jun | $1,300 | $1,350 |
| Jul | $1,300 | $1,333 |
| Aug | $1,300 | $1,400 |
| Sep | $1,275 | $1,325 |
| Oct | $1,340 | $1,315 |
| Nov | $1,300 | No data |
| Dec | $1,350 | No data |
Market temperature
The Rapid City, SD rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Rapid City, SD is 36% lower than the national average.
$1,305
$2,040
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Frequently asked questions
1. What is the average rent in Rapid City, SD?
The average rent in Rapid City, SD is $1,305.
2. How much does it cost to rent a house in Rapid City, SD?
Houses in Rapid City, SD rent between $598 - $4,000 with an average rent of $1,305.
3. How has the rent in Rapid City, SD changed in the last year?
In the last year, the rent in Rapid City, SD decreased by $40
4. How much has the rent in Rapid City, SD increased/decreased in the last month?
In the last month, the rent in Rapid City, SD decreased by $19
5. How many available rentals are there in Rapid City, SD?
There are currently 214 rentals available in Rapid City, SD.
6. How do rent prices in Rapid City, SD compare with the national average?
The average rent in Rapid City, SD is $1,305 — 36.03% lower the national average of $2,040.