
Apartments for Rent in Rapid City, SD Under $1,500 (118 Rentals)


Jayhawks Patio Home Apartments

Founders Park Village

Block5

The Altitude Flats

Stonegate Community

The Altitude Villas 1

Stoney Creek Highlands

Homestead Garden

Vista Pointe Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Pines at Rapid

Gateway Apartments

Buffalo Run

The VUE at Catron

Harmony Heights

Red Rock Apartments

Champion Villas

The Elements, LLC

Camden Heights

Sheridan Lake Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
107 Franklin St, Unit 107 1/2 Franklin

Country Bluff Apartments

Boulder Creek Apartments

Candlewood Apartments

Sagebrush Flats

Auburn Hills

Total Monthly Price
Prairie Tree

Creekside Heights Apartments, LLC

BG Flats Apartments

Copper Ridge Apartments
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.

Shepherd Hills Commons

Tallgrass Apartments

Orchard Meadows

Johnson Ranch Apartments

Total Monthly Price
709 Farlow Ave, Unit 709 Farlow Ave Downstairs

Sedona Flats

Countryside Apartments

Enchanted Pines

Canyon Lake

Bridgewood Estates
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.

Total Monthly Price
215 E Denver St, Unit 215

Total Monthly Price
510 Saint Joseph St, Unit Apartment 2

LaCrosse Estates Apartment Homes

Total Monthly Price
214 E Denver St, Unit 217.5

Civic Plaza Apartments

Total Monthly Price
216 E Denver St, Unit 215.5

The Place at Hainesway

Robbinsdale Heights 1

The Place at Estes Park

109 Saint Anne St
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 Under $1500 | $1,085 | $665 | $1,588 |
| Rapid City 1 Bedroom Apartments Under $1500 | $1,222 | $547 | $2,278 |
| Rapid City 2 Bedroom Apartments Under $1500 | $1,447 | $726 | $3,020 |
| Rapid City 3 Bedroom Apartments Under $1500 | $1,690 | $1,060 | $2,981 |
| Rapid City 4 Bedroom Apartments Under $1500 | $1,764 | $1,764 | $1,764 |
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Rapid City, SD Local Guide
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Real 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.
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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.
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 44 Studio Apartments in Rapid City with rent ranges from $665 to $1,588 with an average price of $1,085.
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 $1,222.
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 $3,020. Today's average rental price for Two Bedrooms here is $1,447.
How expensive are Rapid City Three Bedroom Apartments?
There are currently 59 Three Bedroom Apartments listings available in Rapid City on ApartmentHomeLiving.com. The pricing ranges from $1,060 to $2,981 - averaging $1,690 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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.