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.
The average rent for a 1 bedroom apartment in Rapid City is $1,122+, while the average rent for a 2 bedroom apartment is $1,480+. Rent rates updated ago
Studio
$993+
Prices trending down
1 Bed
$1,122+
Prices trending down
2 Beds
$1,480+
Prices trending down
3+ Beds
$1,748+
Prices trending down
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Garage, Gym + more
“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.”
