




- 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
Property Contact Info

- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (605) 525-8748
- Disclaimer:
Office Hours
| 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 |
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:
New! Interactive Property Map
Studio
The Teddy
Studio, 1 Bath, up to 355 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability The 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
Apartment Model: The TeddyCall For RatesStudio, 1 Bath, up to 355 sq ftUnavailable![]()
The Teddy - Floorplan 1 Bedroom
The Thomas
From $1,090
1 Bed, 1 Bath, 565 sq ftAvailable Sep 4Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,090 September 4, 2026 1-204 565 $1,100 September 8, 2026 4-203 565 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 EstimateModel 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 EstimateModel Rent and Fees
Model Price Range
- $1,090 - $1,100
Apartment Model: The ThomasFrom $1,0901 Bedroom, 1 Bath, 565 sq ftAvailable September 4, 2026![]()
The Thomas - Floorplan Apartment Unit: 1-204Apartment Model: The Thomas$1,0901 Bedroom, 1 Bath, 565 sq ftAvailable September 4, 2026Apartment Unit: 4-203Apartment Model: The Thomas$1,1001 Bedroom, 1 Bath, 565 sq ftAvailable September 8, 20262 Bedrooms
The Lincoln
From $1,155
2 Beds, 1 Bath, 700-780 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,215 Available Now 2-108 780 $1,155 Available Now 4-102 700 $1,225 Available Now 2-307 780 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 EstimateModel Rent and Fees
Model Price Range
- $1,155 - $1,225
Unit 4-102 Rent and Fees
Unit Price
- $1,155
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,155 - $1,225
Unit 2-307 Rent and Fees
Unit Price
- $1,225
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,155 - $1,225
Apartment Model: The LincolnFrom $1,1552 Bedroom, 1 Bath, 700-780 sq ftAvailable Now![]()
The Lincoln - Floorplan Apartment Unit: 2-108Apartment Model: The Lincoln$1,2152 Bedroom, 1 Bath, 780 sq ftAvailable NowApartment Unit: 4-102Apartment Model: The Lincoln$1,1552 Bedroom, 1 Bath, 700 sq ftAvailable NowApartment Unit: 2-307Apartment Model: The Lincoln$1,2252 Bedroom, 1 Bath, 780 sq ftAvailable Now3 Bedrooms
The Washington
From $1,250
3 Beds, 1 Bath, 925-1012 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,395 Available Now 4-205 925 $1,300 Available Now 4-105 925 $1,250 Available Now 4-113 1012 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 EstimateModel Rent and Fees
Model Price Range
- $1,250 - $1,415
Unit 4-105 Rent and Fees
Unit Price
- $1,300
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,250 - $1,415
Unit 4-113 Rent and Fees
Unit Price
- $1,250
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,250 - $1,415
Apartment Model: The WashingtonFrom $1,2503 Bedroom, 1 Bath, 925-1012 sq ftAvailable Now![]()
The Washington - Floorplan Apartment Unit: 4-205Apartment Model: The Washington$1,3953 Bedroom, 1 Bath, 925 sq ftAvailable NowApartment Unit: 4-105Apartment Model: The Washington$1,3003 Bedroom, 1 Bath, 925 sq ftAvailable NowApartment Unit: 4-113Apartment Model: The Washington$1,2503 Bedroom, 1 Bath, 1012 sq ftAvailable Now
Schedule 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.
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
- Dog
- Dog FeeiMax of 2. Charged Per Pet.$300.00
- Dog RentiCharged Per Pet.$35.00/mo
Breed/Weight Restrictions apply, please contact the office for more information.
Breed/Weight Restrictions apply, please contact the office for more information.
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

Map
- Shopping
- Colleges
- Grocery
- Medical

Map
Getting Around
40 / 100 Fairly walkable
60 / 100 Moderately bikeable
80 / 100 Very car friendly
Getting to Know the Area
50 / 100 Restaurants
40 / 100 Cafes
50 / 100 Nightlife
40 / 100 Shopping
90 / 100 Noise Level
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!.
Renters Reviews and Ratings
Verified Renter
Property Manager Responded
Verified Renter
Verified Renter
Property Manager Responded
Verified Renter
Property Manager Responded
Verified Renter
Property Manager Responded
Verified Renter
Property Manager Responded
I like it
Property Manager Responded
A lot of problems
Property Manager Responded
Black Mold & Leaking Foundation
Property Manager Responded
Canyon lake apts
Property Manager Responded
Okay, safe place to live but must go to laundromat
Property Manager Responded
Nearby Schools
Stevens High School - 42
West Middle School - 37
Meadowbrook Elementary - 10
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Canyon Lake.
Big Box and Retail
Safeway
Walgreens
Albertsons
Colleges and Universities
Groceries
Safeway
Albertsons
Hospitals
Same Day Surgery Center
Regional Health Rapid City Hospital
Black Hills Surgical Hospital
Military Bases
Ellsworth Air Force Base Central Pennington
Shopping Centers
Canyon Lake has 5 shopping centers within 3.0 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest 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 |
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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.