Shepherd Hills Commons
2109 E Anamosa St,
Rapid City, SD 57703
$895 - $2,675 | Studio - 3 Beds
Located just east of the great Black Hills mountain range and northwest of Badlands National Park lies Rapid City, South Dakota. Natural landscapes, historic sites, and family-friendly entertainment fills this affordable city. Explore incredible hiking trails, historical landmarks, museums, art galleries, scenic driving routes, family-friendly events, and so much more.
Visit Mount Rushmore National Memorial in the Black Hills just 30 minutes southwest of Rapid City, being the nearest urban center to this historical landmark. Explore the Reptile Gardens, Dinosaur Park, and Storybook Island, all family-friendly attractions in the city. Ride the City View Trolley to these lively destinations and explore downtown Rapid City along the way.
Enjoy fountains, free concerts, and community events in Main Street Square in the heart of Downtown Rapid City, shop at Rushmore Mall, or try the city’s delicious local restaurants. After you find an affordable apartment rental, explore Rapid City’s bustling downtown, beautiful natural landscapes, and national historic landmarks.
As of July 2025, the average apartment rent in Rapid City, SD is $884 for a studio, $1,168 for one bedroom, $1,331 for two bedrooms, and $1,505 for three bedrooms. Apartment rent in Rapid City has decreased by -0.5% in the past year.
The cost of living in Rapid City, SD is 5.2% lower than the national average. Generally, housing in Rapid City is 11.6% less expensive than the national average, with rent falling between $884 - $1,505. You can expect to pay 1.1% more for groceries, 12.9% less for utilities, and 0.7% more for transportation.
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
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.
Public
Grades K-5
461 Students
Public
Grades K-5
365 Students
Public
Grades K-5
464 Students
Public
Grades K-5
406 Students
Public
Grades K-5
266 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
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† 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 June 2025.