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Cheap Apartments for Rent in Rapid City, SD

817 Rentals
.
  13. Building Photo - 510 Saint Joseph St
    1 BED, 1 BATH
    $890
    Total Monthly Price Total Monthly Price New
    Base Rent$890
    Required Monthly FeesNone
    Total Monthly Price$890

    510 Saint Joseph St Unit Apartment 2

    510 Saint Joseph St, Rapid City, SD 57701
  18. Building Photo - 2108 6th St
    1 BED, 1 BATH
    $895

    2108 6th St

    2108 6th St, Rapid City, SD 57701
  19. Interior Photo - Bridgewood Estates
    Exceptional Value
    1 BED
    $900+
    2 BEDS
    $1,045+
    3 BEDS
    $1,245+

    Bridgewood Estates

    415 E Minnesota St, Rapid City, SD 57701
  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 - r414LBP
    2 BEDS, 1 BATH
    $975

    r414LBP Unit B

    414 E Philadelphia St, Rapid City, SD 57701
  28. Building Photo - CARRIAGE GREEN
    1 BED
    $975+
    2 BEDS
    $1,110+
    3 BEDS
    $1,365+

    CARRIAGE GREEN

    4205 Elm Ave, Rapid City, SD 57701
  29. Building Photo - Sedona Flats
    $278 Off
    Price Drop. $278 Off
    STUDIO
    $982+
    1 BED
    $1,099+
    2 BEDS
    $1,399+
    3 BEDS
    $1,799+

    Sedona Flats

    5053 Shelby Ave, Rapid City, SD 57701
    (605) 600-2495
Showing 42 of 136 results, Page 1 of 4

Rapid City at a Glance

Average Rent

$1,218
(All bedrooms and property types)
Learn more about
Average Rent in Rapid City
5

School Rating

out of 10 Rating
Learn more about
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 136 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
1,771 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
73 Students
GreatSchools Rating
Rapid City High School - 45

Public High School

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

Public Middle School

Public
Grades 6-8
614 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
418 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
Corral Drive Elementary - 21

Public Elementary School

Public
Grades K-5
439 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
274 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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