Rapid City
Housing in Rapid City, SD: Rent, Home Prices & Property Tax
$2,720 left/mo
$1,138/mo (1 bd) in Rapid City. Median home $274,200. Property tax 1.08%.
- Rent (1-bedroom)
- $1,138
- /mo
- Buy
- $1,993
- Mortgage, tax, insurance
- Buying costs more
- $855
- /mo
To buy
- 20% down payment$54,840
- Mortgage at 7.24%$1,495
- Property tax (1.08% of value)$247/mo · $2,961/yr
- Insurance and upkeep$251
- Monthly total$1,993
Months to 20% down
$2,720 left each month. About 21 months (1.8 years) to save $54,840.
Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.
Guide: state tax and rent when you compare cities
Moving from Rapid City
Take-home by job in Rapid City
- Registered nurse
- Software developer
- Elementary school teacher
- High school teacher
- Accountant / auditor
- Truck driver (heavy)
- Electrician
- Civil engineer
- Lawyer
- Police officer
- Financial analyst
- Pharmacist
- Product / project manager
- Physical therapist
- Nurse practitioner
- Physician
- Construction manager
- Data scientist
- Firefighter
- Mechanical engineer