The median home in Rapid City, South Dakota is valued at $352,520, up 2.0% year over year. Typical monthly rent is $1,329, producing a price-to-rent ratio of 22.1x — well above the national average of 18x. Rapid City is part of the Rapid City, SD metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$352,520

+2.0%

Rent$1,329/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Rapid City.

Income (annual)

Down Payment

$70,504 on $352,520

Example: $75,000 household income. Change it above to see your own.

Out of reach37.6% of income

Need $100,757/yr to afford.

PITI$2,351

P/I37.6%

Afford$262K

Gap-$90K

P&I $1,783Tax $385Ins $183

Renting $1,022/mo cheaper ($1,329 rent)6.50% 30yr, 20% down, county tax + SD ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in South Dakota

Compare Rapid City with other housing markets across South Dakota.

Keystone$615K South Shore$546K Hermosa$513K Florence$493K Henry$492K Wentworth$476K Renner$462K Custer$460K

Full Rapid City, SD analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Rapid City, SD metro.

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