The average rent for a 1 bedroom apartment in Rapid City is $1,206+, while the average rent for a 2 bedroom apartment is $1,522+. Rent rates updated ago
Studio
$938+
Prices trending up
1 Bed
$1,206+
Prices trending up
2 Beds
$1,522+
Prices trending up
3+ Beds
$1,773+
Prices trending up
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees
Rapid City Rent Report:
Welcome to the Apartment List July 2026 Rent Report for Rapid City, SD. Currently, the overall median rent in the city stands at $958, roughly the same as last month. Prices and are now up 1.6% 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.
“Everything has run smooth for moving in and questions being answered. Wish there was an option for covered parking but the parking lot has no bad parking spot.”
12 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance + more
