Average Rent in Rapid City, SD
2 apartment buildings, 12 units. Real asking prices, refreshed daily.
Avg Rent
$1,333/mo
Cheapest
$1,195/mo
Properties
2
Units
12
Rapid City, SD Resident Access
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Analysis
Rent Price Breakdown
Compare pricing across all 2 properties in Rapid City, SD.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Rapid City, SD Rent Prices
All 2 properties ranked by lowest available rent.
Pointe West Apartments
3945 Pointe W Pl, Rapid City
Silver Springs Apartment Homes
501 City Springs Rd, Rapid City
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Pointe West Apartments 3945 Pointe W Pl, Rapid City | $1,195 | $1,332 | $1.64 | 4.3 (84) | 7 |
| 2 | Silver Springs Apartment Homes 501 City Springs Rd, Rapid City | $1,320 | $1,333 | $1.51 | 4.3 (47) | 5 |
Explore Each Property
Rapid City, SD Average Rent Prices 2026
The average rent in Rapid City, SD is $1,333 per month, based on 12 units across 2 apartment communities. Prices range from $1,195 at Pointe West Apartments to $1,320 at Silver Springs Apartment Homes.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $1,195/mo | $1,195/mo | 1 |
| 2 Bed | $1,345/mo | $1,320/mo | 11 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
What salary do I need to live comfortably in Rapid City, SD?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$53,000/year
Based on the 30 percent rule, using our tracked average rent of $1,333/mo.
Comfortable income
$64,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,195/mo), you need to earn at least $48,000/year.
Cost of living in Rapid City, SD
We only have live rent data for Rapid City, SD so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,333 |
| Estimated total | $1,333/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Frequently asked questions
What is the average rent in Rapid City, SD?
The average rent in Rapid City, SD is $1,333 per month, based on 12 units across 2 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Rapid City, SD?
The lowest available rent in Rapid City, SD starts at $1,195 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Rapid City, SD?
1-bedroom apartments in Rapid City, SD average $1,195/mo. The lowest listed 1-bedroom starts at $1,195/mo across 1 units tracked.
How much is a 2-bedroom apartment in Rapid City, SD?
2-bedroom apartments in Rapid City, SD average $1,345/mo. Units start from $1,320/mo across 11 units currently listed.
Rent Trends in Rapid City, SD
Track how apartment prices are changing over time.
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