What is the average apartment size in Rapid City?

The average size for a Rapid City, SD apartment is 889 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Rapid City?

As of Oct / 2025, the average rent in Rapid City is $1,308 per month, a 0.79% increase from last year’s average of $1,298.

How much does rent cost by apartment size in Rapid City?

In Rapid City, studios rent for $958 per month, one-bedroom units average $1,191 per month, two-bedrooms cost around $1,336 per month, and three-bedroom apartments rent for about $1,594 per month

What is the average apartment size in Rapid City?

The typical apartment in Rapid City offers about 889 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Rapid City?

Studio apartments in Rapid City average 510 sq. ft., one-bedrooms offer 718 sq. ft., two-bedrooms are about 946 sq. ft., and three-bedroom apartments average 1,177 sq. ft.

Rapid City, SD Rental Market Trends

Q: What's the typical rent budget in Rapid City?

The typical rent budget in Rapid City ranges from $1,001 to $1,500 per month, with 70% of rentals in this range.

Q: Do most people rent or own in Rapid City?

In Rapid City, 38% of households rent while 62% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Rapid City is $1,308, a 0.79% increase compared to the previous year, when the average rent was $1,298.

Studio Apartments at $958 offer the most budget-friendly option with 510 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 718 square feet for $1,191, balancing privacy and affordability.

Two-beedroom units at $1,336 offer 946 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,177 sq ft) for $1,594, suitable for larger households.

Average rent in Rapid City, SD

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,308	889 sq. ft.
Studio	$958	510 sq. ft.
1 Bed	$1,191	718 sq. ft.
2 Beds	$1,336	946 sq. ft.
3 Beds	$1,594	1,177 sq. ft.

Rapid City, SD rent trends

Rental prices in Rapid City, SD have increased by 0.79% over the past year. The average rent moved from $1,298 to $1,308.

What's the typical rent budget in Rapid City, SD?

The largest share of rentals in Rapid City, SD (70%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Rapid City, SD?

12,272 or 38% of the households in Rapid City, SD are renter-occupied while 19,689 or 62% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Rapid City Compares to Other Cities

City	Average Rent
Rapid City	$1,308
Sioux Falls	$1,136
Black Hills	$1,331
Mitchell	$1,086
Harrisburg	$1,270
Box Elder	$1,529
Brookings	$1,195
Aberdeen	$1,058
Tea	$1,068
Pierre	$1,311
Yankton	$1,203
Gillette, WY	$1,195
Spearfish, SD	$1,105

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Rapid City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.