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Canyon Lake Apartments

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(605) 525-8748
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3741 Canyon Lake Dr, Rapid City, SD 57702

Contact

Canyon Lake

3741 Canyon Lake Dr
Rapid City, SD 57702
(605) 525-8748
Canyon Lake in Rapid City, SD - Building Photo
  • Studio–3 Bedrooms
  • $1,090-$1,415 Pricing
  • 565–1,012 Square Feet

Rent Specials

Apply and move in by 9/9/26 & pay NO rent until October! PLUS Select Apartments Now Offered at a Reduced Rate! Hurry! While Supplies Last!

About Canyon Lake

Welcome to Canyon Lake Apartments, Rapid City's destination for community-centered apartment living. Our studio, 1, 2, and 3 bedroom floor plans effortlessly balance comfort, style, and spaciousness. Each home is fitted with energy efficient appliances, traditional cabinetry, plush carpeting, and a personal air conditioning unit for year-round comfort. Schedule your tour today and discover your next home in Rapid City at Canyon Lake Apartments.

Canyon Lake is located in the 57702 Zip code of Rapid City, SD. This community is professionally managed by Monarch Investment and Management Group

Unique Features and Amenities

  • Brushed Nickel Lighting Fixtures
  • Ceiling Fans Throughout
  • Colorful Playground
  • Community Courtyard
  • Double-Galley Kitchen Layouts
  • Energy Efficient Appliances
  • Grilling Stations
  • Large Closets
  • Mature Trees Throughout
  • Natural Light
  • Onsite Laundry Facilities
  • Open, Green Lawn Space
  • Outdoor Swimming Pool
  • Personal Air Conditioning
  • Pet-Friendly
  • Plush Carpeting
  • Private Patio or Balcony
  • Rentable Garages
  • Spacious Bathrooms
  • Traditional Cabinetry
  • Well-Lit Vanities
  • Well-Maintained Landscaping

See All Amenities

Property Contact Info

Office Hours

Monday10:00 am–6:00 pm
Tuesday9:00 am–6:00 pm
Wednesday9:00 am–6:00 pm
Thursday9:00 am–6:00 pm
Friday9:00 am–6:00 pm
SaturdayClosed
SundayClosed

Floorplan Pricing and Availability

Canyon Lake offers Studio to 3 Bedroom apartments starting from $1,090 and having 565–1,012 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • Studio

    The Teddy

    Studio, 1 Bath, up to 355 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityThe Teddy up to 355 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • High Speed Internet Access
    • Tub/Shower

    Kitchen

    • Eat-in Kitchen
    • Freezer
    • Kitchen
    • Oven
    • Range
    • Refrigerator
  • 1 Bedroom

    The Thomas

    From $1,090

    1 Bed, 1 Bath, 565 sq ft
    Available Sep 4

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,090 September 4, 20261-204565
    $1,100 September 8, 20264-203565

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Rent and Fees

    Model Price Range

    • $1,090 - $1,100

    Unit 1-204 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 1-204 Rent and Fees

    Unit Price

    • $1,090
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $1,090 - $1,100

    Unit 4-203 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 4-203 Rent and Fees

    Unit Price

    • $1,100
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $1,090 - $1,100
  • 2 Bedrooms

    The Lincoln

    From $1,155

    2 Beds, 1 Bath, 700-780 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,215Available Now2-108780
    $1,155Available Now4-102700
    $1,225Available Now2-307780

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • High Speed Internet Access
    • Tub/Shower

    Kitchen

    • Eat-in Kitchen
    • Freezer
    • Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $1,155 - $1,225

    Unit 2-108 Rent and Fees

    Unit Price

    • $1,215
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $1,155 - $1,225

    Unit 4-102 Rent and Fees

    Unit Price

    • $1,155
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $1,155 - $1,225

    Unit 2-307 Rent and Fees

    Unit Price

    • $1,225
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $1,155 - $1,225
  • 3 Bedrooms

    The Washington

    From $1,250

    3 Beds, 1 Bath, 925-1012 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,395Available Now4-205925
    $1,300Available Now4-105925
    $1,250Available Now4-1131012

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • High Speed Internet Access
    • Tub/Shower

    Kitchen

    • Eat-in Kitchen
    • Freezer
    • Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $1,250 - $1,415

    Current Available Pricing

    • $1,250 - $1,395

    Unit 4-205 Rent and Fees

    Unit Price

    • $1,395
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $1,250 - $1,415

    Unit 4-105 Rent and Fees

    Unit Price

    • $1,300
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $1,250 - $1,415

    Unit 4-113 Rent and Fees

    Unit Price

    • $1,250
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $1,250 - $1,415
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Request Tour
Call us at: (605) 525-8748 to request a tour.

3D Tours

Property Information

  • 109 Units
  • 2 Stories
  • Built in 1972

Lease Terms

  • 12 mo
  • Short Term Lease Options

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Ask About Our Fees

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged Per Unit.$50.00
Due at Move-In
Reservation/Holding FeeiCharged Per Unit.$100.00

Other Fees and Policies

Pet Fees

Cat
Cat FeeiMax of 2. Charged Per Pet.$300.00
Cat RentiCharged Per Pet.$35.00/mo
100 lbs. Weight Limit
Restrictions:

Breed/Weight Restrictions apply, please contact the office for more information.

Comments:

Max of 2. A non-refundable pet fee of $300 is due at move in, plus a monthly pet fee of $35 per dog or cat.

Dog
Dog FeeiMax of 2. Charged Per Pet.$300.00
Dog RentiCharged Per Pet.$35.00/mo
100 lbs. Weight Limit
Restrictions:

Breed/Weight Restrictions apply, please contact the office for more information.

Comments:

Max of 2. A non-refundable pet fee of $300 is due at move in, plus a monthly pet fee of $35 per dog or cat.

Parking Info and Fees

Other

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • Laundry Facilities

Community Features

  • Corporate Housing
  • Lounge
  • Walk Up

Outdoor Features

  • Courtyard
  • Picnic Area
  • Controlled Access
  • Deck
  • Yard
  • Patio
  • Lawn

Recreation and Fitness

  • Playground
  • Pool

Interior Features

  • Balcony
  • Ceiling Fans
  • High Speed Internet Access
  • Tub/Shower
  • Cable Ready
  • Air Conditioning

Kitchen Amenities

  • Eat In Kitchen
  • Range
  • Refrigerator
  • Oven
  • Freezer
  • Kitchen

Living Area Features

  • Carpet
  • Window Coverings
  • Vinyl Flooring
Google Map

Map

3741 Canyon Lake Dr, Rapid City, SD 57702

Getting Around

  • 40 / 100 Fairly walkable

    Some day-to-day needs are within walking distance

  • 60 / 100 Moderately bikeable

    Suitable for bicycle commuting and/or recreation

  • 80 / 100 Very car friendly

    Excellent access to freeways and/or major arteries, with a very low chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 50 / 100 Restaurants

    Some restaurants within a few minutes

  • 40 / 100 Cafes

    Some cafés within a few minutes

  • 50 / 100 Nightlife

    Some bars within walking distance

  • 40 / 100 Shopping

    Several shops within walking distance

  • 90 / 100 Noise Level

    Virtually no sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about Canyon Lake

Where is Canyon Lake located?

Canyon Lake is located at 3741 Canyon Lake Dr, Rapid City, SD

What is the current rent range at Canyon Lake?

Studio to 3 Bedroom Apartments at Canyon Lake currently range from $1,090 to $1,415

When is the leasing office open?

  • The office Hours for Canyon Lake are
  • Monday 10:00 am–6:00 pm
  • Tuesday 9:00 am–6:00 pm
  • Wednesday 9:00 am–6:00 pm
  • Thursday 9:00 am–6:00 pm
  • Friday 9:00 am–6:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at Canyon Lake is: Apply and move in by 9/9/26 & pay NO rent until October! PLUS Select Apartments Now Offered at a Reduced Rate! Hurry! While Supplies Last!.

Lifestyle Ratings

  • Affordability 3.2

    The Affordability rating shows you how this community's most affordable floorplan pricing relates to the local average.

  • Family Friendly 3.2

    Family Friendly apartments feature the best community amenities for larger families like larger floorplans, playgrounds and day care options.

    Rating Factors

    This 3.2-star Family Friendly rating is based on the following features:

    • Playground(s)
    • Controlled Gate Access
    • Patios
    • Swimming Pool(s)
    • High Speed Internet Access
    • Eat in Kitchen or Dining Rooms
    • Lawns
    • Yards
    • Deck(s)
    • Vinyl Flooring
    • Window Coverings
    • Kitchens
    • Freezers
    • Air Conditioning
    • Tub/Showers
    • Ceiling Fans
    • Balconies
    • Picnic Area
    • Courtyard
    • Lounge
    • Laundry Facilities
    • Cable Ready
    See more
    See less
  • Outdoors 3.0

    The Outdoors rating shows the apartment listings on ApartmentHomeLiving.com with the top amenities and features for renters who love the outdoor lifestyle.

    Rating Factors

    This 3.0-star Outdoors rating is based on the following features:

    • Balconies
    • Deck(s)
    • Patios
    • Picnic Area
    • Yards
    • Lawns
    • Courtyard
    • Swimming Pool(s)
Learn more about Lifestyle Search

Renters Reviews and Ratings

3.7
14 Renters Reviews

Verified Renter

June 17, 2026 - Review from Apartments.com
Excellent The staff are great wish we had a place we could meet n deal with issues and such

Property Manager Responded

June 23, 2026
We're grateful for your feedback and are pleased to hear you had a great experience with our team. Your suggestion for a meeting space is valuable to us. Sincerely, The Canyon Lake Apartments Team

Verified Renter

June 12, 2026 - Review from Apartments.com
I think you guys are awesome. This is me Melissa Richmond. I love my new place.

Property Manager Responded

June 16, 2026
We're so happy to hear that you love your new home. Thank you for taking the time to share your thoughts! Sincerely, The Canyon Lake Team

Verified Renter

February 22, 2026 - Review from Apartments.com
2 bedroom apartment Didn’t smell very good, I suppose it would be a good place on a tight budget. Super friendly staff!

Verified Renter

January 6, 2026 - Review from Apartments.com
problem solved David always takes care of things in a very professional and timely manor

Property Manager Responded

January 15, 2026
Thank you for your positive feedback! We're glad to hear that your issue was resolved and that you appreciate the professionalism and efficiency. Your satisfaction is important to us. Sincerely, The Canyon Lake Team

Verified Renter

March 6, 2025 - Review from Apartments.com
Loved We love the apartment and the energy of the staff. We really hope we get to make it our home

Property Manager Responded

March 6, 2025
We're so glad to hear that you're enjoying the energy here and are considering making it your home. We appreciate your positive feedback and look forward to potentially welcoming you to our community. Sincerely, The Canyon Lake Team

Verified Renter

December 12, 2024 - Review from Apartments.com
A safe space in a bustling city The staff are great, the grpunds are kept up. Appliances work, nice view, safe area. Finding a place that allows me to keep my fur kids with me was a saving grace. The manager was amazing in talking me through my pre moving anxiety. She had the inside info on local fun and culture.

Property Manager Responded

December 15, 2024
We're so glad to hear that you're enjoying your experience with us and that you found our community to be a perfect fit for you and your furry friends. It's wonderful to know that our team was able to assist you during your transition. We appreciate your kind words and look forward to continuing to make your experience a positive one. Sincerely, The Canyon Lake Team

Verified Renter

August 11, 2024 - Review from Apartments.com
Very good move in experience. Office manager was very helpful and nice.

Property Manager Responded

September 9, 2024
We're so glad to hear about your positive move-in experience! We appreciate your kind words about our office manager. We're here to make your living experience as enjoyable as possible. Sincerely, The Canyon Lake Team

I like it

October 16, 2021 - Review from Apartments.com
I like it here. I just signed my renewal for another year. Im only on apartments.com to check out the market. Not only do I love the location. I feel like my needs are met here. Seems like there’s been a staff change in the office, they have been nothing but great. Along with maintenance. The management company has made a few program changes, which is annoying but hey, I can live with that.

Property Manager Responded

February 28, 2022
It's such a great feeling to know that we left you with such a remarkable impression of Canyon Lake Apartments. We're overjoyed to see your rating and truly thank you for sharing!

A lot of problems

August 29, 2018 - Review from Apartments.com
I moved to canyon lake apartments because I wanted to live on the west side and the rent for a two bedroom was reasonable. I only lived there for about 8 months but through out that time, it was not great. Packages I had delivered to my door ended up getting stolen, my expensive articles of clothing from the community laundry room were stolen from the wash machine, kids were constantly running wild through the halls and leaving garbage and rocks scattered daily and the halls always smelled of ...
pot. I brought the theft concerns up to my landlord and she did make mention that there were vandalizm problems and that she would take care of the problem. As things continued to get stolen and the problems did not get fixed, I wanted to break my lease but could not afford it. Renee was very kind and was always available and I know there was only so much she could do, but I didn’t not want to live here anymore. I vacated the residence 2 months prior to the end of my lease and still paid the rent. With theft and kids out of control, I needed someplace more quiet and safe to live. Besides those issues, I also had a consistent ant problem in my bathroom that could never be fixed and the laundry room ate my quarters often but a lot of the simple things can be blamed on a building that is 50 years old.
Read More

Property Manager Responded

September 3, 2018
Hello, it's upsetting to hear that you did not receive the top-notch service we strive to provide. We will continue to work on the issues that are within our control so that we can provide a place that residents can be happy to call home.

Black Mold & Leaking Foundation

August 1, 2018 - Review from Apartments.com
I would strongly urge you not to live here! Upon moving out we found black mold all along the exterior wall and there was leaking at the foundation that has not been fixed to date. We had to move our furniture at least 4 ft from the wall to keep our furniture from damaging with no fixes in site - per management the higher ups didn’t want to pay the $13k to fix it!! If you want something done you have to do it yourself because maintenance doesn’t have time! We lived in our apartment for a long ...
time out of compliance however if you can afford somewhere maybe smaller but nicer I would rent with someone else! We have been waiting well over the 2 week timeframe in which the state sets out to return your security deposit with nothing but excuses as to why it hasn’t been completed!!! Beware!!!
Read More

Property Manager Responded

August 6, 2018
Your issues have already been addressed and your continued reviews of our property have been noted. Thank you.

Canyon lake apts

April 11, 2018 - Review from Apartments.com
Our apartment we lived in was next to the laundry room . It was ok just think there needs to be curfew for laundry 11-4 am doing laundry is nuts. Simple place. Good storage. Kitchen small . Maintenance was good . People were nice . I had no big issues that couldn't be taken care .

Property Manager Responded

April 16, 2018
Hi, thank you for your kind review; we are happy to pass along your comments to the team here at Canyon Lake Apartments! We are always more than happy to assist you if anything else comes up. Take care!

Okay, safe place to live but must go to laundromat

February 18, 2018 - Review from Apartments.com
I live in a 2-bedroom. It is basic, but clean, nice appliances. My building feels very safe and private (I do not live in the main building). I have had no problems with bed bugs or mice, as others on this site have listed. Almost no storage space, but good location. Maintenance is pretty responsive; when my heat was broken they responded within 24 hours and fixed it immediately. If you live here, be prepared to have to use a laundromat. They charge $2.00 per load of laundry and $2.00 to ...
dry, and the appliances DO NOT WORK. To dry your clothes, you need to do loads 2 times. The washing machines and dryers are very outdated and extremely cheap. If I am going to pay $4-6 to wash my clothes, I expect the machines to be of decent quality. The front office staff is nice but they are boxed into some policies "passed down from corporate" that I feel are very rigid and fairly stupid. Anyone who stays for more than 10 days needs to pay $50 for a background check. When my mother visited for 12 days? Background check. My long distance boyfriend who only comes every other weekend? Background check. When my rent was late because I changed banks, they charged me a $50 late fee. When I received the notice, I ran the rent check over within 5 minutes, but they refused to waive the fee. In other words, rent prices are reasonable but they are not understanding and will not miss an opportunity to squeeze extra money from you. That said, I read some of the other reviews and I disagree with some of them. This area feels very safe. The parking lot is sometimes a little full, but there is always street parking for free. It is family friendly.
Read More

Property Manager Responded

February 23, 2018
Hi there, thank you for taking the time to let us know about your recent experience. We are disappointed to hear that you are not satisfied with everything at Canyon Lake, but are encouraged by the things that are going well. Please talk to the office regarding guests. I think there may be a miscommunication on our requirements for adding residents to the lease. We are so glad that you feel safe and happy there for the most part and will do our very best to earn those last two stars. Thank you again for taking the time to let us know how we can improve. We hope you will reach out to Renee or Tiara so we can remedy what we can. Take care.

Nearby Schools

Stevens High School - 42

Rapid City Area School District 51-4
4215 Raider Road
Public School - Grades 9-12 (1771 Students)
In Attendance Zone1 minute drive / 0.6 miles away
5/10

West Middle School - 37

Rapid City Area School District 51-4
1003 Sioux San Drive
Public School - Grades 6-8 (612 Students)
In Attendance Zone1 minute drive / 0.5 miles away
5/10

Meadowbrook Elementary - 10

Rapid City Area School District 51-4
3125 West Flormann Street
Public School - Grades K-5 (478 Students)
In Attendance Zone2 minute drive / 0.7 miles away
6/10
School data provided by GreatSchools.
details
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 scale of 1 (below average) and 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 needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Canyon Lake.

Big Box and Retail

Safeway

730 Mountain View Rd
4 minute drive / 1.57 miles away

Walgreens

540 Mountain View Rd
4 minute drive / 1.63 miles away

Albertsons

855 Omaha St
5 minute drive / 2.58 miles away

Colleges and Universities

South Dakota School of Mines and Technology

501 E Saint Joseph St
7 minute drive / 3.73 miles away

Groceries

Safeway

730 Mountain View Rd
4 minute drive / 1.57 miles away

Albertsons

855 Omaha St
5 minute drive / 2.58 miles away

Hospitals

Same Day Surgery Center

651 Cathedral Drive
5 minute drive / 2.63 miles away

Regional Health Rapid City Hospital

353 Fairmont Blvd Post Office Box 6000
6 minute drive / 2.84 miles away

Black Hills Surgical Hospital

216 Anamaria Dr
7 minute drive / 3.28 miles away

Military Bases

Ellsworth Air Force Base Central Pennington

22 minute drive / 10.35 miles away

Shopping Centers

Steele Plaza

3618 Canyon Lake Dr
1 minute drive / 0.08 miles away

Baken Park Shopping Center

2001 W Main St
4 minute drive / 1.47 miles away

The Family Center At Rapid City

772 Mountain View Rd
4 minute drive / 1.61 miles away

Canyon Lake has 5 shopping centers within 3.0 miles.

Nearby Neighborhoods

Downtown Rapid City

Studio to 4 Bedroom Apartments from $547
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Rapid City Studio Apartments $1,072$600$1,588
Rapid City 1 Bedroom Apartments $1,210$547$2,278
Rapid City 2 Bedroom Apartments $1,437$726$3,020
Rapid City 3 Bedroom Apartments $1,713$1,080$2,981
Rapid City 4 Bedroom Apartments $1,764$1,764$1,764
2 Bedroom Homes$1,532$900$2,400
3 Bedroom Homes$1,941$1,500$2,800
4 Bedroom Homes$2,504$1,750$3,700
5 Bedroom Homes$2,798$2,400$3,495

Browse Top Apartments in Rapid City

Viewing: Canyon Lake | Desktop Version | Listing Updated: 08/28/2026 | AHLGLD