909 N 7th St
Rapid CitySD57701
Cheap Homes for Rent in Rapid City, SD from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Rapid City.
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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.
24 E Signal Dr
Rapid CitySD57701
433 E New York St
Rapid CitySD57701
3600 Sheridan Lake Rd, Unit 333 Sheridan Lake Road
3600 Sheridan Lake Rd
Rapid CitySD57702
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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.
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117 E Monroe St
Rapid CitySD57701
3737 Sturgis Rd
Rapid CitySD57702
5896 Southside Dr
Rapid CitySD57703
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.
1302 E Fairmont Blvd
Rapid CitySD57701
4616 Chalkstone Dr
Rapid CitySD57701
Showing Results 1-17, 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 | $1,452 | $900 | $2,300 |
| Rapid City 3 Bedroom Homes for Rent | $1,795 | $1,450 | $2,395 |
| Rapid City 4 Bedroom Homes for Rent | $2,115 | $550 | $3,000 |
| Rapid City 5 Bedroom Homes for Rent | $2,810 | $2,200 | $4,000 |
Browse Top Homes for Rent in Rapid City
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Rapid City, SD Local Guide
- Rapid City Neighborhoods
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- Local Counties
Cheapest Neighborhoods for Apartments in Rapid City, SD
Pricing Updated: 11/15/2025Current 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 | $1,478 | $547 | 126 |
Cheapest Available Rapid City Apartments for Rent
The cheapest available apartment rental in Rapid City, SD is a 1 Bed unit found at The Place at Estes Park in the Downtown Rapid City neighborhood priced from $547. Civic Plaza Apartments in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $865. Here is today’s list of the most affordable Rapid City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at Estes Park | One Bed One Bath | 1BR,1BA | $547 |
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $865 |
| The Place at Hainesway | One Bed, One Bath | 1BR,1BA | $875 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $900 |
| Champion Villas | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $920 |
Best Value Apartments for Rent in Rapid City, SD
As of November 15, 2025 the best value apartment in the Rapid City area is the $0.89 price per square foot 618 Saint Joseph St Model at 618 Saint Joseph St, Unit #4 in the in the Downtown Rapid City neighborhood starting from $1,600. 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. |
|---|---|---|---|
| 618 Saint Joseph St, Unit #4 | 618 Saint Joseph St | 2BR,2BA | $0.89 |
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| 811 Mallow St, Unit 7 | 811 Mallow St | 3BR,1BA | $0.93 |
| Countryside Apartments | 2Bedroom 2bathroom | 2BR,2BA | $1.20 |
| Southern Cross Apartments | 2b1b Southern | 2BR,1BA | $1.10 |
| Rapid Creek Apartments | 3Bed/2Bath | 3BR,2BA | $0.98 |
| The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.11 |
| Sheridan Lake Apartments | The Windsor | 2BR,1BA | $1.25 |
| Champion Villas | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.15 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.22 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe 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.
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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.
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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 155 Apartments for Rent in Rapid City, SD with pricing that ranges from $547 to $3,468. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rapid City ranging from $550 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 $550 to $4,000 with an average monthly rent of $1,801.
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 $979 to $2,813, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,395. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $1,058.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
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.