Rapid City, SD Rental Market Trends
What is the average rent in Rapid City?
The average rent for an apartment in Rapid City is $1,184. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Rapid City, SD
|Average Rent||Average Apartment Size|
|$1,184||889 sq. ft.|
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.
Rapid City, SD apartment rent ranges
Rapid City, SD Occupied Housing Units
11,742 or 38% of the households in Rapid City, SD are renter-occupied while 18,995 or 62% are owner-occupied.