Apartments for Rent in Rapid City, SD under $1500
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1 bd $1,2702 bd $1,315+Base rent4801 Homestead St., Rapid City, SD 57703Pet friendly
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Studio $9101 bd $1,050+2 bd $1,060+Base rent3741 Canyon Lake Dr., Rapid City, SD 57702Pet friendly
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2 bd $1,195Base rent18 E Kansas City Street Suite 3, Rapid City, SD 57701In unit laundry
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Studio $1,005+1 bd $1,305Base rent1800 Shaver St., Rapid City, SD 57702Pet friendly
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2 bd $1,145Base rent4010 Elm Ave #105, Rapid City, SD 57701Pet friendly
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2 bd $1,175+Base rent3945 Pointe West Place, Rapid City, SD 57702Pet friendly
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2 bd $1,335Base rent501 City Springs Road, Rapid City, SD 57702Pet friendly
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Ask for pricing28 Racine Street, Rapid City, SD 57701Pet friendly • Fitness center • In unit laundry
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Studio $982+1 bd $1,099+2 bd $1,399+Base rent5.0 (3)5053 Shelby Ave., Rapid City, SD 57701Pet friendly • Fitness center • Pool
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Studio $9901 bd $1,070+2 bd $1,240Base rent5.0 (5)4404 Candlewood Place, Rapid City, SD 57702Pet friendly
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1 bd $1,200+2 bd $1,399+Base rent4.5 (8)1410 Catron Blvd, Rapid City, SD 57701Pet friendly • Parking • Fitness center
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Studio $1,147+1 bd $1,085+2 bd $1,350+Base rent5102 Shelby Avenue, Rapid City, SD 57701Pet friendly • Fitness center • Pool
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1 bd $1,080+2 bd $1,165+Base rent4.0 (12)3638 5Th St, Rapid City, SD 57701Pet friendly • In unit laundry • Dishwasher
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1 bd $1,199+2 bd $1,429+Base rent4.5 (31)7175 Dunsmore Rd, Rapid City, SD 57702Pet friendly • Patio/Balcony
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1 bd $1,215+2 bd $1,465+Base rent2109 East Anamosa Street, Rapid City, SD 57703Pet friendly • Parking • Fitness center
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Studio $1,045+1 bd $1,215+2 bd $1,465+Base rent3.5 (4)2109 East Anamosa Street, Rapid City, SD 57703Pet friendly • Parking • Fitness center
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1 bd $8032 bd $1,0083 bd $1,214Base rent Income restricted4.5 (12)215 Kinney Avenue, Rapid City, SD 57702 -
2 bd $1,2853 bd $1,285Base rent Income restricted121 Stumer Rd, Rapid City, SD 57701Pet friendly • Patio/Balcony • Air conditioner
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1 bd $480+2 bd $575+3 bd $752+Base rent Income restricted5.0 (3)530 E Stumer Rd, Rapid City, SD 57701Pet friendly • Dishwasher • Air conditioner
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1 bd $505+2 bd $621+3 bd $814+Base rent Income restricted846 N. Valley Dr., Rapid City, SD 57703Dishwasher • Air conditioner • Washer/Dryer
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1 bd $4392 bd $7013 bd $733Base rent Income restricted427 Degeest Dr, Rapid City, SD 57701Air conditioner • Washer/Dryer • Large Closets
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2 bd $1,300Base rent1050 Valley Dr, Rapid City, SD 57703Pet friendly • Dishwasher • Patio/Balcony
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1 bd $1,150Base rent1050 Valley Dr, Rapid City, SD 57703Pet friendly • Dishwasher • Patio/Balcony
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1 bd $1,050Base rent4660 Coal Bank Dr, Rapid City, SD 57701Dishwasher • Washer/Dryer
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2 bd $1,300Base rent1150 Valley Dr, Rapid City, SD 57703Pet friendly • Dishwasher • Patio/Balcony
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Frequently asked questions
When were prices and availability in Rapid City, SD last updated?
Prices and availability in Rapid City, SD were last updated on 14 Jul 2026.
What are the best apartments in Rapid City, SD?
The best apartments in Rapid City, SD are: Homestead Garden, Canyon Lake, KC Lofts, Alps Park and Prairie Tree.
What type of rental buildings are in Rapid City, SD?
In Rapid City 37% of the housing is rented out compared to 63% of homes are owned, according to the most recent Census Bureau estimates. 14% of Rapid City's apartments are found in large buildings of 50 units or more, 67% are located in smaller apartment complexes with less than 50 units, and 18% are single-family rentals.
Apartments in Rapid City, SD under $1,500
Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 31 apartments for rent in Rapid City, SD on which you’ll spend less than $1,500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.
Rentals near you under $1,500
Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,500. The average rental size in Rapid City, SD is 858 Sqft, but the $1,500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.