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Apartments under $500 for Rent in Rapid City, SD

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Living & Renting in Rapid City

Rapid City at a Glance

Average Rent

$1,187
(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
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Transportation in Rapid City

Rapid City, SD Apartments for Rent

Located in western South Dakota, Rapid City sits at the eastern edge of the Black Hills, making it an ideal home base for outdoor enthusiasts and city dwellers alike. Downtown's streets feature bronze presidential statues, earning the city its "City of Presidents" nickname, while Mount Rushmore, Crazy Horse Memorial, and Badlands National Park are just a short drive away. Apartments for rent in Rapid City span from the historic downtown district to newer communities in the surrounding foothills.

Rapid City's rental market offers value, with one-bedroom apartments averaging $1,165, placing South Dakota 45th nationally in rental costs. The city is naturally divided by a mountain ridge known as "The Gap," creating distinct eastern and western sections. Residents enjoy recreation along Rapid Creek's pathways, downtown gatherings at Main Street Square, local history at The Journey Museum, and career opportunities in healthcare, tourism, government, and at Ellsworth Air Force Base. The region's climate features warm summers, while winter temperatures are often moderated by Chinook winds.

Why Rapid City?

  • Mount Rushmore National Memorial was carved by Gutzon Broglum and his son, Lincoln.
  • Custer State Park is South Dakota’s first and largest state park, covering more than 71,000 acres.
  • Wind Cave National Park is the densest cave system in the world and the fifth-longest in the world.
  • Jewel Cave National Monument contains Jewel Cave, the second-longest cave in the world.
  • The South Dakota School of Mines and Technology is a highly-acclaimed technological university.
  • Other Rapid City attractions include Sitting Bull Crystal Caverns, Chapel in the Hills, and Bear County USA.

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
6
Stevens High School - 42
out of 10 Rating
Public | Grades 9- 12 | 1,686 Students
3
Central High School - 41
out of 10 Rating
Public | Grades 9- 12 | 1,768 Students
7
Southwest Middle School - 38
out of 10 Rating
Public | Grades 6- 8 | 660 Students
5
West Middle School - 37
out of 10 Rating
Public | Grades 6- 8 | 612 Students
3
South Middle School - 36
out of 10 Rating
Public | Grades 6- 8 | 553 Students
3
North Middle School - 35
out of 10 Rating
Public | Grades 6- 8 | 513 Students
Dakota Middle School - 31
Public | Grades 6- 8 | 664 Students
8
Corral Drive Elementary - 21
out of 10 Rating
Public | Grades K- 5 | 461 Students
7
Pinedale Elementary - 11
out of 10 Rating
Public | Grades K- 5 | 365 Students
6
Meadowbrook Elementary - 10
out of 10 Rating
Public | Grades K- 5 | 464 Students
5
Grandview Elementary - 06
out of 10 Rating
Public | Grades K- 5 | 406 Students
5
South Canyon Elementary - 15
out of 10 Rating
Public | Grades K- 5 | 266 Students
School data provided by Great Schoolsⓘ
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