
Apartments for Rent in Rapid City, SD Under $1,500 (107 Rentals)


Founders Park Village

Jayhawks Patio Home Apartments

The Altitude

Stonegate Community

The Altitude 2

Vista Pointe Apartments

The Pines at Rapid

Harmony Heights

Stoney Creek Highlands
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.

Buffalo Run

Block5

The VUE at Catron

Gateway Apartments

Boulder Creek Apartments

The Elements, LLC

Red Rock Apartments

Shepherd Hills Commons

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.

Country Bluff Apartments

Split Creek Commons

Sagebrush Flats

Total Monthly Price
Prairie Tree Apartments

Creekside Heights Apartments, LLC

Copper Ridge Apartments

Orchard Meadows

Tallgrass Apartments

Johnson Ranch Apartments

Countryside 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.

Total Monthly Price
215 E Denver St, Unit 215

Total Monthly Price
1913 Fremont St, Unit 2

Moonlight Apartment Complex

Candlewood Apartments

Sedona Flats

Champion Villas

Enchanted Pines

BG Flats Apartments

Bridgewood Estates

Total Monthly Price
510 Saint Joseph St, Unit Apartment 2
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.

LaCrosse Estates Apartment Homes

Total Monthly Price
720 Haines Ave, Unit B

Civic Plaza Apartments

The Place at Hainesway

Robbinsdale Heights 1

The Place at Estes Park

2883 Johnson Ranch Rd

927 Blaine Ave

1936 Fremont St

602 St James 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 | $1,065 | $665 | $1,604 |
| Rapid City 1 Bedroom Apartments Under $1500 | $1,292 | $547 | $4,293 |
| Rapid City 2 Bedroom Apartments Under $1500 | $1,477 | $726 | $3,338 |
| Rapid City 3 Bedroom Apartments Under $1500 | $1,741 | $1,080 | $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 46 Studio Apartments in Rapid City with rent ranges from $665 to $1,604 with an average price of $1,065.
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 $4,293 with an average monthly rent of $1,292.
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 $3,338. Today's average rental price for Two Bedrooms here is $1,477.
How expensive are Rapid City Three Bedroom Apartments?
There are currently 54 Three Bedroom Apartments listings available in Rapid City on ApartmentHomeLiving.com. The pricing ranges from $1,080 to $2,981 - averaging $1,741 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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.