Shepherd Hills Commons
2109 E Anamosa St,
Rapid City, SD 57703
$895 - $2,601
Studio - 3 Beds
Rapid City
Rapid City, SD
Area Guide
Discover rich history and unique attractions in this mountainous city
Affordable
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Tourism
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Family-Friendly
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Mountains
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History
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Scenic
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Restaurants
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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.
Explore the City
It's common to see people walking their dog at Sioux Park in Rapid City.
The famous Mount Rushmore is just a short drive from Ashland Heights.
West Rapid City offers a small town suburban homes like foursquare and craftsman's.
Rent Trends
As of November 2025, the average apartment rent in Rapid City, SD is $886 for a studio, $1,172 for one bedroom, $1,309 for two bedrooms, and $1,580 for three bedrooms. Apartment rent in Rapid City has decreased by -0.7% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,172/month
714 Sq Ft
House
$1,949/month
1,518 Sq Ft
Townhome
$1,750/month
1,207 Sq Ft
Cost of Living
The cost of living in Rapid City, SD is 4.1% lower than the national average. Generally, housing in Rapid City is 8.6% less expensive than the national average, with rent falling between $886 - $1,580. You can expect to pay 1.5% more for groceries, 12.7% less for utilities, and 0.3% less for transportation.
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Transportation
39
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
40
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Schools
Public
Grades K-5
461 Students
Public
Grades K-5
365 Students
Public
Grades K-5
464 Students
Public
Grades K-5
581 Students
Public
Grades K-5
406 Students
Public
Grades 6-8
660 Students
Public
Grades 6-8
612 Students
Public
Grades 6-8
553 Students
Public
Grades 6-8
513 Students
Public
Grades 6-8
664 Students
Public
Grades 9-12
1,686 Students
Public
Grades 9-12
1,768 Students
Public
Grades PK-12
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2025. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2025. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Museum of Geology
- The Journey Museum
- The Outdoor Campus - West
- Reptile Gardens
- Black Hills Caverns
Airports
- Rapid City Regional
Colleges
Top Apartments in Rapid City
Houses for Rent in Rapid City
Property Management Companies in Rapid City, SD
Lloyd Companies
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70
Communities
-
9,575
Units
-
14
Cities
7 Communities in Rapid City
Equity REM
-
17
Communities
-
3,002
Units
-
9
Cities
6 Communities in Rapid City
Cornerstone Residential
-
79
Communities
-
10,722
Units
-
39
Cities
2 Communities in Rapid City
Kohlberg Kravis Roberts & Co. L.P.
-
51
Communities
-
5,051
Units
-
28
Cities
2 Communities in Rapid City
CSM Corporation
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15
Communities
-
2,563
Units
-
12
Cities
2 Communities in Rapid City
Hunt Companies
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69
Communities
-
10,438
Units
-
51
Cities
1 Community in Rapid City
Living in Rapid City
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.