Cheap Homes for Rent in Rapid City, SD from $900 (4 Rentals)

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property at 4330 W Main St

4330 W Main St

Rapid CitySD57702

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Rapid City, SD Local Guide

Cheapest Neighborhoods for Apartments in Rapid City, SD

Pricing Updated: 04/22/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Rapid City$1,564$650182

Best Value Apartments for Rent in Rapid City, SD

As of April 22, 2025 the best value apartment in the Rapid City area is the $0.66 price per square foot 2 Beds, 2 baths Model at 440 N Creek Dr in the starting from $995. The second greatest value Rapid City apartment is the 2 Bedroom 2 Bath Model at Johnson Ranch Apartments starting at $1,375 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 ListingModel NameBed/BathPrice Per Sq.Ft.
440 N Creek Dr2 Beds, 2 baths2BR,2BA$0.66
Johnson Ranch Apartments2 Bedroom 2 Bath2BR,2BA$1.27
Countryside Apartments2 Bedroom 2 Bathroom1BR,1BA$1.27
Champion Villas2 Bedroom 2 Bathroom Apartment2BR,2BA$1.20
The Place at Estes ParkTwo Bed Two Bath2BR,2BA$1.08
Sheridan Lake ApartmentsThe Windsor2BR,1BA$1.12
728 Saint Charles St, Unit 2728 Saint Charles St2BR,1BA$1.23
The Place at HaineswayTwo Beds, One Bath2BR,1BA$1.10
Bridgewood EstatesOpen living space + spacious master1BR,1BA$1.18
Parkview Plaza ApartmentsOne bedroom1BR,1BA$1.14

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Frequently Asked Questions about Rapid City

What type of rentals are currently available in Rapid City?

There are currently 154 Apartments for Rent in Rapid City, SD with pricing that ranges from $650 to $4,300. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rapid City ranging from $900 to $5,000.

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 $900 to $5,000 with an average monthly rent of $2,029.

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 $1,039 to $2,913, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,100 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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.