Average Rent in Rapid City, SD
The typical rent in Rapid City, SD is $1,403/month (as of May 2026).
Average market rent
$1,403/mo
Zillow Observed Rent Index (ZORI) · May 2026
Median gross rent
$1,109/mo
US Census Bureau (ACS) · December 2024
Average rent by bedroom in Rapid City, SD
| Type | Average rent |
|---|---|
| Studio | $660/mo |
| 1 bedroom | $873/mo |
| 2 bedroom | $1,206/mo |
| 3 bedroom | $1,328/mo |
| 4 bedroom | $2,058/mo |
| 5+ bedroom | $2,550/mo |
Source: US Census Bureau (ACS) (December 2024).
Renting in Rapid City, SD?
List your rental on RealBid and let tenants bid openly — or browse listings and bid with confidence now that you know the market.
Frequently asked questions
What is the average rent in Rapid City, SD?
The average rent in Rapid City, SD is approximately $1,403 per month as of May 2026, based on Zillow Observed Rent Index (ZORI).
How much is a 2-bedroom in Rapid City, SD?
The average rent for a 2-bedroom in Rapid City, SD is about $1,206 per month (US Census Bureau (ACS)).
How much should I charge for rent in Rapid City, SD?
A competitive starting point is around $1,403 per month — the current average for Rapid City, SD (Zillow Observed Rent Index (ZORI)). Many landlords list at or just below this and let tenants bid the price up to what the market will actually pay on RealBid.
How often is this data updated?
The calculator refreshes from Zillow Observed Rent Index (ZORI), every month.
Rent in nearby cities (SD)
Estimates only, for informational purposes. Source: Zillow Observed Rent Index (ZORI). Actual rents vary by neighborhood, bedroom count, condition, and timing.