Cheap Apartments for Rent in Rapid City, SD from $400 (54 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Rapid City.
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.
Rapid City, SD Local Guide

How much does it cost to rent an apartment in Rapid City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Rapid City Studio Apartments | $1,118 | $630 | $1,825 |
| Cheap Rapid City 1 Bedroom Apartments | $1,276 | $765 | $2,525 |
| Cheap Rapid City 2 Bedroom Apartments | $1,500 | $865 | $3,468 |
| Cheap Rapid City 3 Bedroom Apartments | $1,658 | $979 | $2,813 |
| Cheap Rapid City 4 Bedroom Apartments | $1,058 | $1,058 | $1,058 |
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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 $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 6 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 $738 which is $740 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.



