Rapid City, SD Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Rapid City, SD.
Average buy price
$211.00 / sqft
Typical residential purchase price per square foot.
Average rent
$1.49 / sqft / month
Monthly rent per square foot.
Median home price
$344,794
Estimated median residential sale price.
Median monthly rent
$1,450
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 15.3% over the last 5 years.
Rent price development
Rent prices have increased by about 23.1% over the last 5 years.
Submitted values in Rapid City
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-05 | Rent | apartment | $1.52 / sqft | 875 sqft | $1,330 | Elk Vale 57703 |
| 2026-07-03 | Rent | single-family home | $1.17 / sqft | 1,920 sqft | $2,246 | West Rapid City 57702 |
| 2026-07-03 | Buy | duplex | $184.00 / sqft | 2,300 sqft | $423,200 | North Rapid City 57701 |
| 2026-06-29 | Buy | single-family home | $197.00 / sqft | 1,765 sqft | $347,705 | Elk Vale 57703 |
| 2026-06-27 | Rent | apartment | $1.62 / sqft | 690 sqft | $1,118 | Downtown Rapid City 57701 |
| 2026-06-26 | Buy | single-family home | $276.00 / sqft | 2,860 sqft | $789,360 | Sheridan Lake Road 57702 |
| 2026-06-24 | Rent | townhouse | $1.29 / sqft | 1,450 sqft | $1,871 | Southeast Rapid City 57703 |
| 2026-06-23 | Rent | townhouse | $1.41 / sqft | 1,535 sqft | $2,164 | West Rapid City 57702 |
| 2026-06-22 | Buy | single-family home | $188.00 / sqft | 1,340 sqft | $251,920 | Horace Mann 57701 |
| 2026-06-21 | Rent | apartment | $1.44 / sqft | 815 sqft | $1,174 | East Rapid City 57703 |
| 2026-06-20 | Buy | single-family home | $196.00 / sqft | 1,165 sqft | $228,340 | Memorial Park 57701 |
| 2026-06-18 | Rent | luxury apartment | $1.86 / sqft | 940 sqft | $1,748 | Canyon Lake 57702 |
| 2026-06-16 | Rent | apartment | $1.35 / sqft | 930 sqft | $1,256 | North Rapid City 57701 |
| 2026-06-11 | Rent | multi-family home | $1.12 / sqft | 1,740 sqft | $1,949 | Northeast Rapid City 57701 |
| 2026-06-10 | Buy | single-family home | $222.00 / sqft | 1,688 sqft | $374,736 | Rapid Valley 57703 |
| 2026-06-09 | Rent | luxury apartment | $1.78 / sqft | 1,085 sqft | $1,931 | Red Rock 57702 |
| 2026-06-09 | Rent | single-family home | $1.21 / sqft | 1,650 sqft | $1,997 | Rapid Valley 57703 |
| 2026-06-08 | Rent | single-family home | $1.14 / sqft | 2,060 sqft | $2,348 | Canyon Lake 57702 |
| 2026-06-08 | Rent | duplex | $1.27 / sqft | 1,580 sqft | $2,007 | Rapid Valley 57703 |
| 2026-06-06 | Rent | apartment | $1.73 / sqft | 555 sqft | $960 | Memorial Park 57701 |
| 2026-06-02 | Buy | single-family home | $287.00 / sqft | 3,325 sqft | $954,275 | Red Rock 57702 |
| 2026-06-02 | Rent | apartment | $1.49 / sqft / month | 888 sqft | $1,323 | Downtown Rapid City 57701 |
| 2026-06-01 | Buy | single-family home | $204.00 / sqft | 1,935 sqft | $394,740 | Chapel Valley 57702 |
| 2026-05-31 | Buy | single-family home | $253.00 / sqft | 2,215 sqft | $560,395 | Canyon Lake 57702 |
| 2026-05-31 | Buy | single-family home | $266.00 / sqft | 2,420 sqft | $643,720 | Red Rock 57702 |
| 2026-05-28 | Buy | single-family home | $231.00 / sqft | 1,548 sqft | $357,588 | West Boulevard 57701 |
| 2026-05-28 | Buy | single-family home | $205.00 / sqft | 1,580 sqft | $323,900 | Robbinsdale 57701 |
| 2026-05-25 | Buy | single-family home | $215.00 / sqft | 1,472 sqft | $316,480 | Southeast Rapid City 57703 |
| 2026-05-25 | Rent | loft | $1.91 / sqft | 760 sqft | $1,452 | Downtown Rapid City 57701 |
| 2026-05-23 | Buy | townhouse | $229.00 / sqft | 1,285 sqft | $294,265 | Sheridan Lake Road 57702 |
| 2026-05-21 | Rent | apartment | $1.68 / sqft | 645 sqft | $1,084 | Horace Mann 57701 |
| 2026-05-18 | Rent | duplex | $1.31 / sqft | 1,120 sqft | $1,467 | South Canyon 57702 |
| 2026-05-16 | Buy | multi-family home | $171.00 / sqft | 3,120 sqft | $533,520 | Northeast Rapid City 57701 |
| 2026-05-13 | Buy | single-family home | $214.00 / sqft | 1,890 sqft | $404,460 | Chapel Valley 57702 |
| 2026-05-10 | Rent | condo | $1.58 / sqft | 1,010 sqft | $1,596 | Medical District 57701 |
| 2026-05-07 | Buy | luxury apartment | $248.00 / sqft | 875 sqft | $217,000 | Downtown Rapid City 57701 |
| 2026-05-05 | Rent | apartment | $1.39 / sqft | 990 sqft | $1,376 | East Rapid City 57703 |
| 2026-05-04 | Rent | townhouse | $1.33 / sqft | 1,845 sqft | $2,454 | Robbinsdale 57701 |
| 2026-05-02 | Rent | townhouse | $1.38 / sqft | 1,260 sqft | $1,739 | South Robbinsdale 57701 |
| 2026-04-30 | Rent | single-family home | $1.05 / sqft | 2,250 sqft | $2,363 | South Canyon 57702 |
| 2026-04-28 | Buy | condo | $241.00 / sqft | 1,185 sqft | $285,585 | Downtown Rapid City 57701 |
| 2026-04-22 | Rent | luxury apartment | $2.05 / sqft | 720 sqft | $1,476 | Downtown Rapid City 57701 |
| 2026-04-22 | Buy | townhouse | $202.00 / sqft | 1,510 sqft | $305,020 | South Robbinsdale 57701 |
| 2026-04-21 | Rent | duplex | $1.24 / sqft | 1,340 sqft | $1,662 | Robbinsdale 57701 |
| 2026-04-15 | Buy | townhouse | $218.00 / sqft | 1,420 sqft | $309,560 | Southeast Rapid City 57703 |
| 2026-04-14 | Buy | condo | $226.00 / sqft | 980 sqft | $221,480 | Canyon Lake 57702 |
| 2026-04-13 | Buy | multi-family home | $163.00 / sqft | 3,850 sqft | $627,550 | North Rapid City 57701 |
| 2026-04-12 | Buy | condo | $219.00 / sqft | 1,075 sqft | $235,425 | Medical District 57701 |
| 2026-04-11 | Buy | duplex | $176.00 / sqft | 1,980 sqft | $348,480 | East Rapid City 57703 |
| 2026-04-10 | Buy | single-family home | $238.00 / sqft | 2,050 sqft | $487,900 | West Boulevard 57702 |
| 2026-04-07 | Rent | condo | $1.46 / sqft | 1,195 sqft | $1,745 | Chapel Valley 57702 |
| 2026-02-20 | Buy | single-family home | $211.00 / sqft | 1,635 sqft | $344,985 | Robbinsdale 57701 |
| 2025-09-12 | Rent | luxury apartment | $1.67 / sqft / month | 980 sqft | $1,637 | Canyon Lake 57702 |
| 2025-03-06 | Buy | single-family home | $224.00 / sqft | 1,715 sqft | $384,160 | Sheridan Lake Road 57702 |
| 2024-07-14 | Rent | townhouse | $1.36 / sqft / month | 1,325 sqft | $1,802 | Rapid Valley 57703 |
| 2024-02-27 | Buy | condo | $216.00 / sqft | 1,120 sqft | $241,920 | Downtown Rapid City 57701 |
| 2023-10-23 | Rent | apartment | $1.42 / sqft / month | 910 sqft | $1,292 | Elk Vale 57703 |
| 2023-04-11 | Buy | single-family home | $207.00 / sqft | 1,865 sqft | $386,055 | West Rapid City 57702 |
| 2022-08-30 | Rent | single-family home | $1.18 / sqft / month | 1,700 sqft | $2,006 | Red Rock 57702 |
| 2022-03-15 | Buy | townhouse | $198.00 / sqft | 1,375 sqft | $272,250 | Chapel Valley 57702 |
| 2021-11-04 | Rent | duplex | $1.21 / sqft / month | 1,180 sqft | $1,428 | South Robbinsdale 57701 |
| 2021-05-19 | Buy | single-family home | $183.00 / sqft | 1,540 sqft | $281,820 | East Rapid City 57703 |
| 2020-09-21 | Rent | apartment | $1.20 / sqft / month | 820 sqft | $984 | Downtown Rapid City 57701 |
| 2020-07-08 | Buy | single-family home | $166.00 / sqft | 1,680 sqft | $278,880 | Canyon Lake 57702 |
| 2019-12-17 | Rent | townhouse | $1.13 / sqft / month | 1,280 sqft | $1,446 | Southeast Rapid City 57703 |
| 2019-06-03 | Buy | single-family home | $154.00 / sqft | 1,905 sqft | $293,370 | Sheridan Lake Road 57702 |
| 2018-10-09 | Rent | luxury apartment | $1.22 / sqft / month | 890 sqft | $1,086 | West Rapid City 57702 |
| 2018-02-14 | Buy | multi-family home | $128.00 / sqft | 2,860 sqft | $366,080 | North Rapid City 57701 |
| 2017-08-25 | Rent | single-family home | $0.98 / sqft / month | 1,550 sqft | $1,519 | Rapid Valley 57703 |
| 2017-04-06 | Buy | single-family home | $145.00 / sqft | 1,495 sqft | $216,775 | Robbinsdale 57701 |
| 2016-11-18 | Rent | condo | $1.08 / sqft / month | 960 sqft | $1,037 | Canyon Lake 57702 |
| 2016-05-10 | Buy | single-family home | $137.00 / sqft | 1,760 sqft | $241,120 | Chapel Valley 57702 |
| 2015-09-15 | Rent | apartment | $1.04 / sqft / month | 700 sqft | $728 | Elk Vale 57703 |
| 2015-03-22 | Buy | townhouse | $131.00 / sqft | 1,345 sqft | $176,195 | South Robbinsdale 57701 |
| 2014-10-04 | Rent | duplex | $0.95 / sqft / month | 1,125 sqft | $1,069 | West Boulevard 57701 |
| 2014-06-26 | Buy | single-family home | $126.00 / sqft | 2,010 sqft | $253,260 | Red Rock 57702 |
| 2013-07-29 | Rent | apartment | $0.98 / sqft / month | 825 sqft | $809 | Memorial Park 57701 |
| 2013-05-17 | Buy | single-family home | $118.00 / sqft | 1,585 sqft | $187,030 | Rapid Valley 57703 |
| 2012-12-12 | Rent | single-family home | $0.82 / sqft / month | 1,660 sqft | $1,361 | Sheridan Lake Road 57702 |
| 2012-04-25 | Buy | condo | $112.00 / sqft | 980 sqft | $109,760 | Canyon Lake 57702 |
| 2011-09-30 | Rent | townhouse | $0.86 / sqft / month | 1,220 sqft | $1,049 | Southeast Rapid City 57703 |
| 2011-06-07 | Buy | single-family home | $104.00 / sqft | 1,890 sqft | $196,560 | West Rapid City 57702 |
| 2010-11-22 | Rent | apartment | $0.90 / sqft / month | 760 sqft | $684 | Downtown Rapid City 57701 |
| 2010-05-13 | Buy | single-family home | $99.00 / sqft | 1,440 sqft | $142,560 | Robbinsdale 57701 |
| 2009-08-08 | Rent | duplex | $0.78 / sqft / month | 1,040 sqft | $811 | South Canyon 57702 |
| 2009-03-19 | Buy | townhouse | $91.00 / sqft | 1,215 sqft | $110,565 | Northeast Rapid City 57701 |
| 2008-10-16 | Rent | single-family home | $0.73 / sqft / month | 1,500 sqft | $1,095 | Rapid Valley 57703 |
| 2008-04-28 | Buy | single-family home | $98.00 / sqft | 1,650 sqft | $161,700 | South Robbinsdale 57701 |
| 2007-12-05 | Rent | apartment | $0.86 / sqft / month | 690 sqft | $593 | East Rapid City 57703 |
| 2007-06-20 | Buy | single-family home | $102.00 / sqft | 1,735 sqft | $176,970 | Chapel Valley 57702 |
| 2006-07-31 | Rent | condo | $0.82 / sqft / month | 920 sqft | $754 | Canyon Lake 57702 |
| 2006-02-09 | Buy | multi-family home | $88.00 / sqft | 2,480 sqft | $218,240 | North Rapid City 57701 |
| 2005-09-18 | Rent | townhouse | $0.77 / sqft / month | 1,130 sqft | $870 | Robbinsdale 57701 |
| 2005-05-23 | Buy | single-family home | $96.00 / sqft | 1,510 sqft | $144,960 | Elk Vale 57703 |
| 2004-11-06 | Rent | apartment | $0.74 / sqft / month | 810 sqft | $599 | Medical District 57701 |
| 2004-04-17 | Buy | single-family home | $92.00 / sqft | 1,820 sqft | $167,440 | West Boulevard 57702 |
| 2003-08-26 | Rent | single-family home | $0.64 / sqft / month | 1,560 sqft | $998 | Sheridan Lake Road 57702 |
| 2003-03-11 | Buy | townhouse | $85.00 / sqft | 1,280 sqft | $108,800 | Southeast Rapid City 57703 |
| 2002-10-19 | Rent | apartment | $0.70 / sqft / month | 725 sqft | $508 | Downtown Rapid City 57701 |
| 2002-06-03 | Buy | single-family home | $81.00 / sqft | 1,340 sqft | $108,540 | Canyon Lake 57702 |
| 2001-12-14 | Rent | duplex | $0.66 / sqft / month | 1,050 sqft | $693 | South Robbinsdale 57701 |
| 2001-05-30 | Buy | single-family home | $76.00 / sqft | 1,625 sqft | $123,500 | Rapid Valley 57703 |
| 2000-07-21 | Rent | single-family home | $0.58 / sqft / month | 1,450 sqft | $841 | Chapel Valley 57702 |
| 2000-04-04 | Buy | condo | $72.00 / sqft | 1,020 sqft | $73,440 | Downtown Rapid City 57701 |
| 1999-09-28 | Rent | apartment | $0.62 / sqft / month | 780 sqft | $484 | Horace Mann 57701 |
| 1999-07-16 | Buy | single-family home | $67.00 / sqft | 1,435 sqft | $96,145 | South Canyon 57702 |
| 1998-10-11 | Rent | townhouse | $0.61 / sqft / month | 980 sqft | $598 | East Rapid City 57703 |
| 1998-02-24 | Buy | duplex | $59.00 / sqft | 1,880 sqft | $110,920 | Northeast Rapid City 57701 |
| 1997-12-02 | Rent | apartment | $0.57 / sqft / month | 640 sqft | $365 | Memorial Park 57701 |
| 1997-05-09 | Buy | single-family home | $64.00 / sqft | 1,710 sqft | $109,440 | West Boulevard 57702 |
| 1996-08-15 | Rent | single-family home | $0.50 / sqft / month | 1,320 sqft | $660 | Canyon Lake 57702 |
| 1996-03-27 | Buy | townhouse | $61.00 / sqft | 1,180 sqft | $71,980 | Robbinsdale 57701 |
| 1995-11-20 | Rent | duplex | $0.52 / sqft / month | 920 sqft | $478 | Rapid Valley 57703 |
| 1995-06-12 | Buy | single-family home | $58.00 / sqft | 1,540 sqft | $89,320 | West Rapid City 57702 |
| 1994-09-03 | Rent | apartment | $0.48 / sqft / month | 700 sqft | $336 | Downtown Rapid City 57701 |
| 1994-04-18 | Buy | single-family home | $52.00 / sqft | 1,260 sqft | $65,520 | North Rapid City 57701 |
Housing market overview for Rapid City, SD
The real estate market in Rapid City, SD can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $211.00 / sqft and an average rent of $1.49 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Rapid City?
The average residential buy price in Rapid City, SD is $211.00 / sqft based on the current values available on this page.
How much is rent per square foot in Rapid City?
The average rental price in Rapid City, SD is $1.49 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Rapid City increasing?
Buy prices have increased by about 15.3% over the last 5 years. Rent prices have increased by about 23.1% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.