Rapid City Housing Information - Census

IndexRapid CitySouth DakotaNational
Median home price$166,000$146,700$184,700
Median rent asked$768$676$949
Avg. people per household2.42.42.6
Owner occupied households61.0%67.8%63.6%
Renter occupied households39.0%32.2%36.4%

Rapid City Housing Information - Zillow

IndexRapid CitySouth DakotaNational
Zillow home value index$194,069$174,620$213,146
Year over year appreciation rate3.27%2.79%8.00%
5 year average appreciation rate2.88%4.01%6.57%
10 year average appreciation rate1.87%2.30%1.33%
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Did you know?

  • The median home price in Rapid City is 10% lower than the national average.
  • The median rent asked in Rapid City is 19% lower than the national average.
  • The average number of people per household in Rapid City is 10% lower than the national average.
  • The number of owner occupied households in Rapid City is 4% lower than the national average.
  • The number of renter occupied households in Rapid City is 7% higher than the national average.

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Compare Rapid City, SD Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Caputa, SD0$0100%
Ashland Heights, SD1,070$0100%
Keystone, SD318$133,30028%
Blackhawk, SD2,981$135,10027%
Box Elder, SD9,126$138,40025%
Rapid City, SD72,441$166,00010%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Layton, UT72,413$212,00015%
Waldorf, MD72,413$253,10037%
Iowa City, IA72,385$191,1003%
Goodyear, AZ72,629$235,20027%
Jonesboro, AR72,638$141,90023%
Rapid City, SD72,441$166,00010%
Source: The Rapid City, SD housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.