Welcome to the Apartment List September 2026 Rent Report for Rapid City, SD. Currently, the overall median rent in the city stands at $968, roughly the same as last month. Prices and are now up 3.5% 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.
The average rent for a 1 bedroom apartment in Rapid City is $1,261+, while the average rent for a 2 bedroom apartment is $1,493+. Rent rates updated ago
Studio
$1,009+
Prices trending down
1 Bed
$1,261+
Prices trending down
2 Beds
$1,493+
Prices trending down
3+ Beds
$1,754+
Prices trending down
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees
100 Best Apartments In Rapid City, SD (with verified reviews)!
“With the staff here, if something goes wrong or unexpected the staff is always here to help. The amenities are great also. The tenants all seem to be nice and calm.”
5 units available
1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Pet friendly, and Air conditioning
