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Cheap Apartments for Rent in Rapid City, SD

Cheap Apartments for Rent in Rapid City, SD. 43 Rentals Available
43 Rentals Available
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Apartments Under $500 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100

Apartments Under $500

  • 1 bd $439
    2 bd $701
    3 bd $733
    Base rent Income restricted
    Verified Listing

    427 Degeest Dr, Rapid City, SD 57701
    Apply online • Air conditioner • Washer/Dryer
  • 1 bd $480+
    2 bd $575+
    3 bd $752+
    Base rent Income restricted
    Verified Listing

    5.0 (3)
    530 E Stumer Rd, Rapid City, SD 57701
    Pet friendly • Dishwasher • Air conditioner

Apartments Under $900

  • 5 units available
    1 bd $803
    2 bd $1,008
    3 bd $1,214
    Base rent Income restricted
    Verified Listing

    4.5 (12)
    215 Kinney Avenue, Rapid City, SD 57702
    Apply online
  • 2 bd $875
    Base rent
    Verified Listing

    720 Haines Ave, Rapid City, SD 57701

Apartments Under $1,000

  • Rent specials
    Studio $935+
    1 bd $1,085+
    2 bd $1,045+
    Total monthly cost
    Verified Listing

    3.5 (11)
    3741 Canyon Lake Drive, Rapid City, SD 57702
    Apply online • Pet friendly • Pool
  • Only 1 unit left
    Ask for pricing
    Verified Listing

    28 Racine Street, Rapid City, SD 57701
    Pet friendly • Fitness center • In unit laundry
  • Studio $990
    1 bd $1,070+
    2 bd $1,240
    Base rent
    Verified Listing

    5.0 (5)
    4404 Candlewood Place, Rapid City, SD 57702
    Apply online • Pet friendly

Apartments Under $1,100

9-1-city

Frequently asked questions

What is the price of a cheap apartment in Rapid City, SD?

The price range of a cheap apartment is between $875 and $2,696.

How many cheap rentals are available in Rapid City, SD on RentCafe?

There are 11 cheap rentals available on RentCafe. Prices and availability in Rapid City, SD were last updated on 23 Jun 2026.

What is the average size of a cheap apartment in Rapid City, SD?

The average Rapid City, SD cheap apartment size is 858 sq. ft.

What are the advantages of renting a cheap apartment in Rapid City, SD?

Cheap apartments in Rapid City, SD are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Rapid City, SD?

A cheap apartment in Rapid City, SD offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Rapid City, SD? With RentCafe, finding an affordable apartment in Rapid City, SD has never been easier. We feature 43 low-priced rentals directly from property managers, with rents lower than the Rapid City, SD average. What is a cheap rent in Rapid City, SD? The average apartment rent in Rapid City is $1,318 per month so any rental south of $1,055 would be considered cheap here. On RentCafe, Rapid City, SD rents go as low as $439/mo.