802 Rosilee Ln
Rapid CitySD57701
Cheap Homes for Rent in Rapid City, SD from $800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Rapid City.
628 1/2 6th St
Rapid CitySD57701
4 E Signal Dr
Rapid CitySD57701
2710 W Rapid St
Rapid CitySD57702
1219 6th St
Rapid CitySD57701
1718 5th St
Rapid CitySD57701
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.
4664 Coal Bank Dr, Unit 3
4664 Coal Bank Dr
Rapid CitySD57701
151 Trail View Dr, Unit 3
151 Trail View Dr
Rapid CitySD57702
3537 School Dr
Rapid CitySD57703
25 St Charles St
Rapid CitySD57701
1305 Dakota Dr
Ellsworth Air Force BaseSD57719
3410 Cypress St
Rapid CitySD57701
424 Adams St
Rapid CitySD57701
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.
424 Adams St
Rapid CitySD57701
Showing Results 1-14, 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 | $1,389 | $900 | $2,000 |
| Rapid City 3 Bedroom Homes for Rent | $1,800 | $1,100 | $2,700 |
| Rapid City 4 Bedroom Homes for Rent | $2,309 | $1,500 | $2,950 |
| Rapid City 5 Bedroom Homes for Rent | $2,741 | $2,300 | $4,000 |
Browse Top Homes for Rent in Rapid City
Explore Rapid City
Rapid City, SD Local Guide
- Rapid City Neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Neighborhoods for Apartments in Rapid City, SD
Pricing Updated: 06/01/2025Current 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 | $1,755 | $497 | 177 |
Cheapest Available Rapid City Apartments for Rent
The cheapest available apartment rental in Rapid City, SD is a 1 Bed unit found at Parkview Plaza Apartments priced from $825. 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 |
|---|---|---|---|
| Parkview Plaza Apartments | One bedroom | 1BR,1BA | $825 |
| Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $870 |
| CARRIAGE GREEN | Open living space + spacious master | 1BR,1BA | $945 |
| The Place at Hainesway | Two Beds, One Bath | 2BR,1BA | $949 |
| The Radiant | One Bedroom 60% | 1BR,1BA | $953 |
Best Value Apartments for Rent in Rapid City, SD
As of June 01, 2025 the best value apartment in the Rapid City area is the $1.27 price per square foot 3 Beds, 2 baths Model at Stonegate Community in the starting from $1,495. The second greatest value Rapid City apartment is the 2 Bedroom 2 Bath Model at Johnson Ranch Apartments starting at $1,375 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. |
|---|---|---|---|
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| Johnson Ranch Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.27 |
| The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.08 |
| CARRIAGE GREEN | Spacious living + master walk-in closet | 2BR,1BA | $1.12 |
| Country Bluff Apartments | The Lincoln | 2BR,1BA | $1.34 |
| The Place at Hainesway | Two Beds, One Bath | 2BR,1BA | $1.10 |
| 217 E Denver St, Unit 217 | 217 E Denver St | 1BR,1BA | $1.33 |
| Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $1.18 |
| The Radiant | One Bedroom 60% | 1BR,1BA | $1.32 |
| Parkview Plaza Apartments | One bedroom | 1BR,1BA | $1.14 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Rapid City
What type of rentals are currently available in Rapid City?
There are currently 156 Apartments for Rent in Rapid City, SD with pricing that ranges from $497 to $4,300. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rapid City ranging from $800 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 $800 to $4,000 with an average monthly rent of $1,824.
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 $1,039 to $3,031, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,500 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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.