
Cheap Apartments for Rent in Rapid City, SD from $400 (104 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in Rapid City.


Red Rock Apartments

The VUE at Catron

Boulder Creek Apartments

620 Latrobe Ave

3737 Sturgis Rd, Unit 17

3737 Sturgis Rd

Harmony Heights

Block5

Buffalo Run
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.

Gateway Apartments

The Pines at Rapid

4229 Canyon Lake Dr, Unit 3

1632 Evergreen Dr, Unit #16

Vista Pointe Apartments

Stoney Creek Highlands

Homestead Garden

The Altitude Villas 1

Stonegate Community

The Altitude Flats
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.

Driftwood Estates

Heartland Heights

Churchill Apartments

Penney-Haines, LLC

Kirkwood Meadows Apartments

Dakota Drive Apartments

Briarwood Apartments

Sundial Square

Edgewood Estates

Maplewood Apartments & Townhomes
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.

Parkview Plaza Apartments

820 Holcomb Ave

14 E Quincy St

411 E Denver St

CARRIAGE GREEN

Moonlight Apartments

Rapid Creek Apartments

318 National St

440 N Creek Dr

1320 Quincy St
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.

904 Willsie Ave

Lancer Court Apartments

Boulder Creek Estates

West Park Apartments

Pleasant Hill Village Townhomes

Butterfly Apartments

Arrowhead View

Southern Cross Apartments

The Radiant

KC Lofts
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 | $1,064 | $665 | $1,588 |
| Cheap Rapid City 1 Bedroom Apartments | $1,265 | $547 | $2,278 |
| Cheap Rapid City 2 Bedroom Apartments | $1,481 | $726 | $3,062 |
| Cheap Rapid City 3 Bedroom Apartments | $1,723 | $1,080 | $2,981 |
| Cheap Rapid City 4 Bedroom Apartments | $1,764 | $1,764 | $1,764 |
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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 $243 which is $1,235 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.