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Cheap Homes for Rent in Rapid City, SD from $1,100 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Rapid City.
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104 Philadelphia St
Rapid CitySD57701
1701 Rushmore St
Rapid CitySD57702
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
205.5 E Watertown St
Rapid CitySD57701
438 E Idaho St
Rapid CitySD57701
136 St Anne St
Rapid CitySD57701
2912 Chapel Ln, Unit 5
2912 Chapel Ln
Rapid CitySD57702
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.
313 E Tallent St
Rapid CitySD57701
1311 Sydney Dr
Rapid CitySD57701
3422 Idlewild Ct
Rapid CitySD57702
134 Anamosa St
Rapid CitySD57701
314 E Adams St
Rapid CitySD57701
3410 Cypress St
Rapid CitySD57701
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
720 Box Elder Rd W
Box ElderSD57719
Showing Results 1-16, Page 1 of 1
Rapid City, SD Local Guide
How much does it cost to rent a home in Rapid City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rapid City 2 Bedroom Homes for Rent | $1,449 | $1,100 | $1,850 |
| Rapid City 3 Bedroom Homes for Rent | $2,038 | $1,400 | $2,500 |
| Rapid City 4 Bedroom Homes for Rent | $2,104 | $1,300 | $2,800 |
| Rapid City 5 Bedroom Homes for Rent | $2,730 | $1,450 | $4,000 |
Browse Top Homes for Rent in Rapid City
Explore Rapid City
Rapid City, SD Local Guide
- Rapid City Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Rapid City, SD
Pricing Updated: 09/06/2025Current apartment rentals in the Rapid City, SD area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Rapid City Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Rapid City | $1,564 | $730 | 149 |
Cheapest Available Rapid City Apartments for Rent
The cheapest available apartment rental in Rapid City, SD is a 2 Beds unit found at Civic Plaza Apartments in the Downtown Rapid City neighborhood priced from $865. Bridgewood Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here is today’s list of the most affordable Rapid City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $865 |
| Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $870 |
| The Place at Hainesway | One Bed, One Bath | 1BR,1BA | $875 |
| BG Flats Apartments | Studio Apartment | Studio,1BA | $910 |
| CARRIAGE GREEN | Open living space + spacious master | 1BR,1BA | $945 |
Best Value Apartments for Rent in Rapid City, SD
As of September 06, 2025 the best value apartment in the Rapid City area is the $1.22 price per square foot 3/2 Model at The Pines at Rapid in the starting from $1,699. The second greatest value Rapid City apartment is the 3 Beds, 2 baths Model at Stonegate Community starting at $1,495 with a $1.27 price per square foot . Here is today’s list of the best values for Rapid City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Pines at Rapid | 3/2 | 3BR,2BA | $1.22 |
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| 410 Quincy St, Unit 410 Quincy St | 410 Quincy St | 2BR,1BA | $1.10 |
| Countryside Apartments | 2Bedroom 2bathroom | 2BR,2BA | $1.27 |
| The Radiant | Two Bedroom 60% | 2BR,1BA | $1.11 |
| Southern Cross Apartments | 2b1b Southern | 2BR,1BA | $1.10 |
| The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.11 |
| Candlewood Apartments | 2 Bedroom | 2BR,1BA | $1.24 |
| 811 Mallow St, Unit 4 | 811 Mallow St | 2BR,1BA | $1.20 |
| Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $1.18 |
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Rapid City, SDPopulation: 75,443
Ranked #469
in US Census Population by City
Best Local Schools in Rapid City, SD
Corral Drive Elementary - 21
Rapid City Area School District 51-4
Public School - Grades K-5 (461)
8 out of 10
Stevens High School - 42
Rapid City Area School District 51-4
Public School - Grades 9-12 (1686)
6 out of 10
Southwest Middle School - 38
Rapid City Area School District 51-4
Public School - Grades 6-8 (660)
8 out of 10
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
What type of rentals are currently available in Rapid City?
There are currently 150 Apartments for Rent in Rapid City, SD with pricing that ranges from $485 to $4,300. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rapid City ranging from $1,100 to $4,000.
What is the current price range for Rental Homes in Rapid City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rapid City ranges from $1,100 to $4,000 with an average monthly rent of $2,080.
How much are larger Three and Four Bedroom Rentals in Rapid City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rapid City range from $1,060 to $2,966, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,564.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.