
Low Income Apartments for Rent in Rapid City, SD (1 Rental)

Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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 Low Income Studio Apartments | $1,059 | $665 | $1,588 |
| Rapid City Low Income 1 Bedroom Apartments | $1,267 | $547 | $2,278 |
| Rapid City Low Income 2 Bedroom Apartments | $1,475 | $726 | $3,062 |
| Rapid City Low Income 3 Bedroom Apartments | $1,740 | $1,080 | $2,981 |
| Rapid City Low Income 4 Bedroom Apartments | $1,764 | $1,764 | $1,764 |
Explore Rapid City
Rapid City, SD Local Guide

- Rapid City Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Rapid City Overview
When most people think of Rapid City, South Dakota, images of beautiful scenery, sunny weather, and friendly people immediately come to mind. Furthermore, apartment living in Rapid City is the perfect way to experience everything that Rapid City has to offer.
Why live in Rapid City, SD?
When it comes to living in Rapid City, a population of over 70,000 have all decided to call this city home. This city is home to thousands of nature lovers. With some of the most majestic mountains, green forests, and diverse wildlife on Earth, anyone enjoying nature will love Rapid City. Access to scenic views doesn't preclude civilization, as this city has plenty of radio, TV stations, attractions, and development that everyone expects in a developed town. While Rapid City is the third largest city in South Dakota, it is a popular place to call home because it doesn't have any of the traffic headaches or commuting nightmares that plague other cities.
Best Local Schools in Rapid City, SD
Corral Drive Elementary - 21
Stevens High School - 42
Southwest Middle School - 38
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rapid City, SD Rentals by Map
See the most popular apartments and homes in Rapid City, SD
Frequently Asked Questions about Rapid City
How much are Studio apartments in Rapid City?
There are currently 43 Studio Apartments in Rapid City with rent ranges from $865 to $1,588 with an average price of $1,461.
What is the current price range for One Bedroom Rapid City Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Rapid City ranges from $547 to $2,278 with an average monthly rent of $1,267.
What does renting a Two Bedroom Apartment in Rapid City cost?
The monthly rent prices of Two Bedroom Apartments currently available in Rapid City range from $726 to $3,062. Today's average rental price for Two Bedrooms here is $1,475.
How expensive are Rapid City Three Bedroom Apartments?
There are currently 58 Three Bedroom Apartments listings available in Rapid City on ApartmentHomeLiving.com. The pricing ranges from $1,080 to $2,981 - averaging $1,740 for the location.
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.