Apartments for Rent in Rapid City, SD

45 rentals available

Apartments for Rent in Rapid City, SD

45 rentals available

Shepherd Hills Commons (opens in new tab)

2901 East Anamosa Street, Rapid City, SD 57703

(605) 702-2182

$1,015+/moTotal price13-mo lease

25 units available

Studio • 1 bed • 2 bed • 3 bed

Verified

Beautifully restored home just minutes from downtown! Gallery 1

Verified

The average rent for a 1 bedroom apartment in Rapid City is $1,213+, while the average rent for a 2 bedroom apartment is $1,496+. Rent rates updated 2 days ago

Studio: $972+
Prices trending down
1 Bed: $1,213+
Prices trending down
2 Beds: $1,496+
Prices trending down
3+ Beds: $1,723+
Prices trending down

* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

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1 Bedroom Apartments in Rapid City (17)

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Rapid City Rent Report: August 2026

Welcome to the Apartment List August 2026 Rent Report for Rapid City, SD. Currently, the overall median rent in the city stands at $968, after rising 0.7% last month. Prices and are now up 3.1% year-over-year. Read on to learn more about what’s been happening in the Rapid City rental market and how it compares to trends throughout the nation as a whole.

View full Rapid City Rent Report