624 E Madison St
Rapid CitySD57701
Cheap Homes for Rent in Rapid City, SD from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Rapid City.
21 E Kansas City St
Rapid CitySD57701
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4 E Signal Dr
Rapid CitySD57701
820 Holcomb Ave
Rapid CitySD57701
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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3410 Cypress St
Rapid CitySD57701
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205.5 E Watertown 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.
820 4th St
Rapid CitySD57701
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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 | $1,138 | $780 | $1,575 |
| Rapid City 3 Bedroom Homes for Rent | $1,921 | $1,050 | $2,500 |
| Rapid City 4 Bedroom Homes for Rent | $2,127 | $1,300 | $2,495 |
| Rapid City 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
| Rapid City 6 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Rapid City
Explore Rapid City
Rapid City, SD Local Guide
- Rapid City Neighborhoods
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Cheapest Neighborhoods for Apartments in Rapid City, SD
Pricing Updated: 07/21/2025Current 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 | $1,550 | $780 | 7 |
Cheapest Available Rapid City Apartments for Rent
The cheapest available apartment rental in Rapid City, SD is a 1 Bed unit found at Heartland Heights priced from $435. 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 |
|---|---|---|---|
| Heartland Heights | 1 Bedroom 1 Bathroom | 1BR,1BA | $435 |
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $865 |
| 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 |
Best Value Apartments for Rent in Rapid City, SD
As of July 21, 2025 the best value apartment in the Rapid City area is the $0.94 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 $1,700. 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 | $0.94 |
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| Southern Cross Apartments | 2b1b Southern | 2BR,1BA | $1.10 |
| Sheridan Lake Apartments | The Stanford | 2BR,2BA | $1.27 |
| Countryside Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.30 |
| The Place at Hainesway | Two Beds, One Bath | 2BR,1BA | $1.10 |
| Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $1.18 |
| 720 Haines Ave, Unit B | 720 Haines Ave | 2BR,1BA | $1.30 |
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $1.29 |
| Heartland Heights | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.72 |
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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 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rapid City ranging from $780 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 $780 to $4,000 with an average monthly rent of $2,093.
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 $2,981, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 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.
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.
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.