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from $895Built 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 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Rapid City.
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from $950Built in 2023Studio to 2 Bedroom Apartments Available Now
Enchanted Pines
4815 5th StRapid City, SD 57701
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Rent Specials
from $965Built in 2021Studio to 2 Bedroom Apartments Available Now
BG Flats Apartments
3200 Jaffa Garden -1Rapid City, SD 57703
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from $970Built in 2018Studio to 2 Bedroom Apartments Available Now
Champion Villas
3220 Champion DrRapid City, SD 57701
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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from $975Built in 2022Studio to 2 Bedroom Apartments Available Now
Moonlight Apartment Complex
1050 Valley DrRapid City, SD 57703
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from $975Built in 2023Studio Apartment Available Now
1049 Valley Dr, Unit Studio
1049 Valley DrRapid City, SD 57703
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from $995Built in 2023Studio to 3 Bedroom Apartments Available Now
Countryside Apartments
4144 Haines Ave Haines AveRapid City, SD 57701
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $995Built in 2021Studio to 2 Bedroom Apartments Available Now
Orchard Meadows
3411 Jaffa Garden WayRapid City, SD 57703
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from $995Built in 2023Studio to 3 Bedroom Apartments Available May 27
Johnson Ranch Apartments
2076 Providers BlvdRapid City, SD 57703
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from $1,000Built in 2021Studio to 2 Bedroom Apartments Available Now
Tallgrass Apartments
2126 E Philadelphia StRapid City, SD 57703
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Showing Results 1-15, Page 1 of 1
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 | $1,210 | $530 | $2,400 |
| Rapid City 1 Bedroom Apartments | $1,416 | $497 | $3,200 |
| Rapid City 2 Bedroom Apartments | $1,662 | $660 | $4,300 |
| Rapid City 3 Bedroom Apartments | $1,980 | $1,039 | $3,031 |
| Rapid City 4 Bedroom Apartments | $1,564 | $1,564 | $1,564 |
Explore Rapid City
Rapid City, SD Local Guide
- Rapid City Neighborhoods
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Quick Rent Budget Calculator
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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 $995.
What is the price of a cheap apartment in Rapid City?
The cheapest apartment in Rapid City is Parkview Plaza Apartments which is listed at $825, while the average apartment in Rapid City costs $1,665.
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 7 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 $859 which is $806 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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.