Fair Market Rent prices in Rapid City are
compared to the national average.
This FMR area is more expensive
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Rapid City is $1,163 per month.
The previous year, rent for a two-bedroom home was $995 per month.
This is a 16.88% increase year-over-year.
This FMR rate applies to Caputa, SD, Scenic, SD, Wall, SD, Hill City, SD, Rapid City, SD and other cities within the region.
The Metro Code or CBSA code for this region is METRO39660M39660.
Additionally, This Fair Market Rent (FMR) area Rapid City, SD HUD Metro FMR Area spans one county or city in South Dakota which is listed in the table below.
Estimated population of Rapid City, SD HUD Metro FMR Area FMR area is 112,504 people based on latest Census data.
Compared to the rest of South Dakota, the Rapid City FMR area is
more expensive than
95% of the state.