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Cheap Apartments for Rent in Rapid City, SD

839 Rentals
.
  3. Building Photo - The Radiant
    1 BED
    $616+
    2 BEDS
    $1,152+
    3 BEDS
    $1,318+

    The Radiant

    28 Racine St, Rapid City, SD 57701
  15. Building Photo - 720 Haines Ave
    2 BEDS, 1 BATH
    $875
    Total Monthly Price Total Monthly Price New
    Base Rent$875
    Required Monthly FeesNone
    Total Monthly Price$875

    720 Haines Ave Unit B

    720 Haines Ave, Rapid City, SD 57701
  20. Interior Photo - Bridgewood Estates
    1 BED
    $900+
    2 BEDS
    $1,045+
    3 BEDS
    $1,245+

    Bridgewood Estates

    415 E Minnesota St, Rapid City, SD 57701
  23. Building Photo - The Union
    Rent Special
    Rent Special
    |
    STUDIO
    $935+
    1 BED
    $1,215+
    2 BEDS
    $1,445+
    3 BEDS
    $1,715+

    The Union

    388 Berky Dr, Box Elder, SD 57719
    (877) 781-2607
  24. Building Photo - Enchanted Pines
    STUDIO
    $950+
    1 BED
    $1,200+
    2 BEDS
    $1,400+

    Enchanted Pines

    4815 5th St, Rapid City, SD 57701
  27. Building Photo - CARRIAGE GREEN
    1 BED
    $975+
    2 BEDS
    $1,110+
    3 BEDS
    $1,365+

    CARRIAGE GREEN

    4205 Elm Ave, Rapid City, SD 57701
  41. Building Photo - Freedom Landing
    STUDIO
    $1,000+
    1 BED
    $1,100+
    2 BEDS
    $1,200+
    3 BEDS
    $1,350+

    Freedom Landing

    827 Tower Rd, Box Elder, SD 57719
Showing 42 of 124 results, Page 1 of 3

Rapid City at a Glance

Average Rent

$1,199
(All bedrooms and property types)
Learn more about
Average Rent in Rapid City
5

School Rating

out of 10 Rating
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Schools in Rapid City

Rapid City, SD Cheap Apartments for Rent

When looking for cheap apartments in Rapid City, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Rapid City.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 124 cheap apartments available in Rapid City Apartment Finder is the place to find your next rental.

Renting in Rapid City

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Rapid City

(For 1 bedroom apartments)

Education

Public University
GreatSchools Rating
Stevens High School - 42

Public High School

Public
Grades 9-12
1,686 Students
GreatSchools Rating
Central High School - 41

Public High School

Public
Grades 9-12
1,768 Students
GreatSchools Rating
Rapid City Online High School - 92

Public High School

Public
Grades 9-12
53 Students
GreatSchools Rating
Rapid City High School - 45

Public High School

Public
Grades 9-12
356 Students
GreatSchools Rating
Lincoln Building - 44

Public High School

Public
Grades 9-12
32 Students
GreatSchools Rating
Southwest Middle School - 38

Public Middle School

Public
Grades 6-8
660 Students
GreatSchools Rating
West Middle School - 37

Public Middle School

Public
Grades 6-8
612 Students
GreatSchools Rating
South Middle School - 36

Public Middle School

Public
Grades 6-8
553 Students
GreatSchools Rating
North Middle School - 35

Public Middle School

Public
Grades 6-8
513 Students
GreatSchools Rating
East Middle School - 30

Public Middle School

Public
Grades 6-8
664 Students
GreatSchools Rating
Corral Drive Elementary - 21

Public Elementary School

Public
Grades K-5
461 Students
GreatSchools Rating
Pinedale Elementary - 11

Public Elementary School

Public
Grades K-5
365 Students
GreatSchools Rating
Grandview Elementary - 06

Public Elementary School

Public
Grades K-5
406 Students
GreatSchools Rating
South Canyon Elementary - 15

Public Elementary School

Public
Grades K-5
266 Students
GreatSchools Rating
Meadowbrook Elementary - 10

Public Elementary School

Public
Grades K-5
464 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Rapid City

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Rapid City Apartments for Rent in Your Budget

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