Apartments for Rent in Rapid City SD
971 Rentals
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Rapid City Market Snapshot
Average 1-Bedroom Rent is $1,174/mo
Down -0.5% From Last Year
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Showing 40 of 143 Results - Page 1 of 4
Rapid City, SD Apartments for Rent
Located at the entrance to the Black Hills, Rapid City combines outdoor recreation with urban living. The average rent for a one-bedroom apartment is $1,181, and housing options span from downtown communities to suburban neighborhoods. The western part of the city, built along the Red Valley between the Black Hills foothills and Dakota Hogback, features hillside residences, while the eastern section extends through Rapid Creek's valley. Notable residential areas include the northern corridor near Interstate 90 and the southern neighborhoods overlooking the Black Hills.
Downtown Rapid City showcases public art through Art Alley and the City of Presidents tour, which displays bronze statues of U.S. presidents throughout the streets. The city offers easy access to Dinosaur Park, Story Book Island, and the Journey Museum and Gardens. Mount Rushmore, Crazy Horse Memorial, and Badlands National Park are all within driving distance. The presence of South Dakota School of Mines and Technology and Ellsworth Air Force Base contributes to the community's diversity. Rent prices have remained stable, with minimal changes of 0.1% to 0.6% across different unit sizes, making the area an affordable option for renters.
Rapid City, SD Rental Insights
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The average rent in Rapid City, SD is $1,172 per month. By comparison, renters across the U.S. pay an average of $1,631, which means housing in Rapid City, SD is slightly less expensive than much of the country.
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The most popular ZIP codes for renters in Rapid City, SD are 57701, 57702, and 57703.
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The cost of living in Rapid City, SD is 4.1% lower than the national average. Daily expenses like housing, groceries, and transportation generally cost less than in many other U.S. cities.
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To live comfortably in Rapid City, SD as a single adult with no dependents, aim for a salary of at least $71,000 before taxes. Expect to spend about $8,436/year for groceries, $12,456 for goods and services, and $23,220/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.
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You can find flexible rentals in Rapid City, SD by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.
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Tour apartments from your couch with Matterport 3D Tours. We have 971 Rapid City apartments with virtual tours available. Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.
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Rapid City, SD has very few transit options. Residents typically rely on driving for daily needs.
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