Rapid City, SD Rent History
105 months of data, 2017–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$1,443
1-year change
+14.3%
$181/mo
5-year change
+40.1%
$413/mo
Monthly rent trend
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Year-by-year rent in Rapid City
| Year | Median rent | YoY change | vs 2017 |
|---|---|---|---|
| 2017 | $886/mo | — | 0.0% |
| 2018 | $904/mo | +2.0% | +2.0% |
| 2019 | $906/mo | +0.2% | +2.3% |
| 2020 | $936/mo | +3.3% | +5.6% |
| 2021 | $1,021/mo | +9.1% | +15.2% |
| 2022 | $1,227/mo | +20.2% | +38.5% |
| 2023 | $1,248/mo | +1.7% | +40.9% |
| 2024 | $1,292/mo | +3.5% | +45.8% |
| 2025 | $1,268/mo | -1.9% | +43.1% |
| 2026 | $1,369/mo | +8.0% | +54.5% |
Frequently asked questions
How much has rent in Rapid City changed since 2017?
Median rent in Rapid City, SD was $886 in 2017-09 and is $1,443 as of 2026-06 — a change of $557 per month over 9 years.
How much has Rapid City rent increased in the last 5 years?
Over the past 5 years, median rent in Rapid City, SD has changed +40.1% ($413 per month). The current median is $1,443.
Is rent in Rapid City going up or down year over year?
Year over year, median rent in Rapid City, SD has increased +14.3% ($181/mo). Current median: $1,443.