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Cheap Apartments for Rent in Rapid City, SD

1,000 Rentals
.
  13. Interior Photo - Bridgewood Estates
    1 BED
    $870+
    2 BEDS
    $1,005+
    3 BEDS
    $1,205+

    Bridgewood Estates

    415 E Minnesota St, Rapid City, SD 57701
  23. Building Photo - CARRIAGE GREEN
    1 BED
    $945+
    2 BEDS
    $1,070+
    3 BEDS
    $1,325+

    CARRIAGE GREEN

    4205 Elm Ave, Rapid City, SD 57701
  25. Building Photo - Freedom Landing
    STUDIO
    $950+
    1 BED
    $1,050+
    2 BEDS
    $1,175+
    3 BEDS
    $1,325+

    Freedom Landing

    827 Tower Rd, Box Elder, SD 57719
  26. Building Photo - Enchanted Pines
    STUDIO
    $950+
    1 BED
    $1,200+
    2 BEDS
    $1,400+

    Enchanted Pines

    4815 5th St, Rapid City, SD 57701
  32. Building Photo - 1049 Valley Dr
    STUDIO, 1 BATH
    $975+
    1 BED, 1 BATH
    $1,100+
    2 BEDS, 1 BATH
    $1,400+

    1049 Valley Dr

    1049 Valley Dr, Rapid City, SD 57703
    Apply
Showing 42 of 153 results, Page 1 of 4

Rapid City at a Glance

Average Rent

$1,168
(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
0

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Rapid City
40

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation 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 153 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)

Getting Around Rapid City

Transportation

39

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
40

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
0

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

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
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
Dakota Middle School - 31

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
Meadowbrook Elementary - 10

Public Elementary School

Public
Grades K-5
464 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

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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