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Rent Specials
$895 - $2,601Built in 2024Studio to 3 Bedroom Apartments Available Now
Shepherd Hills Commons
2109 E Anamosa StRapid City, SD 57703
Cheap New Apartments for Rent in Rapid City, SD from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Rapid City.
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$950 - $1,800Built in 2023Studio to 2 Bedroom Apartments Available Now
Enchanted Pines
4815 5th StRapid City, SD 57701
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Rent Specials
$965 - $1,375Built in 2021Studio to 2 Bedroom Apartments Available Now
BG Flats Apartments
3200 Jaffa Garden -1Rapid City, SD 57703
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$975 - $1,400Built in 2022Studio to 2 Bedroom Apartments Available Now
Moonlight Apartment Complex
1050 Valley DrRapid City, SD 57703
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$985 - $2,809Built in 2025Studio to 3 Bedroom Apartments Available Now
Buffalo Run
2900 East Anamosa StRapid City, SD 57703
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$995 - $1,600Built in 2023Studio to 3 Bedroom Apartments Available Now
Countryside Apartments
4144 Haines Ave Haines AveRapid City, SD 57701
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.
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$1,000 - $2,500Built in 2021Studio to 2 Bedroom Apartments Available Now
Tallgrass Apartments
2126 E Philadelphia StRapid City, SD 57703
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$1,000 - $1,800Built in 2023Studio to 3 Bedroom Apartments Available Now
Johnson Ranch Apartments
2076 Providers BlvdRapid City, SD 57703
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$1,000 - $1,400Built in 2021Studio to 2 Bedroom Apartments Available Now
Orchard Meadows
3411 Jaffa Garden WayRapid City, SD 57703
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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 | $1,212 | $485 | $2,400 |
| Rapid City 1 Bedroom Apartments | $1,389 | $765 | $3,200 |
| Rapid City 2 Bedroom Apartments | $1,664 | $865 | $4,300 |
| Rapid City 3 Bedroom Apartments | $1,896 | $1,060 | $3,436 |
| Rapid City 4 Bedroom Apartments | $1,564 | $1,564 | $1,564 |
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Rapid City, SD Local Guide
- Rapid City Neighborhoods
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Getting Around Rapid City, SD
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,000.
What is the price of a cheap apartment in Rapid City?
The cheapest apartment in Rapid City is Bridgewood Estates which is listed at $870, while the average apartment in Rapid City costs $1,660.
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 1 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 $898 which is $762 cheaper than the average rent for all rentals in Rapid City.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.