
Cheap 1 Bedroom Apartments for Rent in Rapid City, SD from $547 (81 Rentals) Page 2 of 2


The Pines at Rapid

4229 Canyon Lake Dr, Unit 3

Homestead Garden

Stoney Creek Highlands

The Elements, LLC

The Altitude Villas 1
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Altitude Flats

Split Creek Commons

Founders Park Village

Jayhawks Patio Home Apartments

Block5

The Meadows

Heartland Heights
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Churchill Apartments

Penney-Haines, LLC

Kirkwood Meadows Apartments

Briarwood Apartments

Sundial Square

Maplewood Apartments & Townhomes

Parkview Plaza Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

820 Holcomb Ave

411 E Denver St

Lancer Court Apartments

Boulder Creek Estates

West Park Apartments

Moonlight Apartments

Arrowhead View
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Hoopers Place Patio Homes

Mountain View Village

10Bedrock Apartments
Rapid City, SD Local Guide

How much does it cost to rent an apartment in Rapid City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rapid City Studio Apartments | $1,067 | $665 | $1,588 |
| Rapid City 1 Bedroom Apartments | $1,273 | $547 | $2,278 |
| Rapid City 2 Bedroom Apartments | $1,480 | $726 | $2,970 |
| Rapid City 3 Bedroom Apartments | $1,711 | $1,080 | $2,981 |
| Rapid City 4 Bedroom Apartments | $1,764 | $1,764 | $1,764 |
Browse Top Apartments in Rapid City
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Frequently Asked Questions about Cheap Rapid City Apartments
What is a cheap apartment in Rapid City?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rapid City is under $975.
What is the price of a cheap apartment in Rapid City?
The cheapest apartment in Rapid City is The Place at Hainesway which is listed at $875, while the average apartment in Rapid City costs $1,478.
What types of apartments are the cheapest in Rapid City?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Rapid City that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Rapid City?
Cheap apartments in Rapid City have an average cost of $208 which is $1,270 cheaper than the average rent for all rentals in Rapid City.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.