Rapid City, SD
Full City Profile · South Dakota · Lawrence County County
3.4
/5.0
B
Good
76,836
Population
1,373/sq mi density
$65,712
Median Income
$40,447 per capita
$270,000
Home Value
$356,038 Zillow
$1,053
Median Rent
29.0% income on rent
48°F
Avg Temperature
276 sunny days/yr
707
Violent Crime/100K
3,214 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$65,712 median income, 2.0% unemployment
A
Affordability
4.4 / 5.0
$270,000 home value, $1,053/mo rent
F
Safety
1.0 / 5.0
707 violent crimes/100K (86% above avg)
B+
Education
3.9 / 5.0
36.4% bachelor's degree or higher
Housing Overview
Median Home Value
$270,000
4% below
US avg: $281,900
Median Rent
$1,053/mo
9% below
US avg: $1,163/mo
Homeownership Rate
61.6%
6% below US avg (65.4%)
Total Housing Units
34,127
Median year built: 1979
Home Value by Source
Census Median
$270,000
Zillow (ZHVI)
$356,038
Median Sale Price
$320,000
Median List Price
$325,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
61.6%
Owner-Occupied
38.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent:
$1,053/mo
· Zillow rent:
$1,297/mo
Market Indicators (Redfin)
Median Days on Market
87 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
65
Price Drops
15.8%
of listings with price reduction
Price Per Sq Ft
$202
Active Inventory
316
homes for sale
Affordability & Housing Stock
Rent Burden
29.0%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
61.6%
Complete Housing Data
Home Values
| Census Median Value | $270,000 |
| Zillow Home Value (ZHVI) | $356,038 |
| Median Sale Price | $320,000 |
| Median List Price | $325,000 |
| Price Per Sq Ft | $202 |
Rent
| Census Median Rent | $1,053 |
| Zillow Rent (ZORI) | $1,297 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $784 |
| FMR 2-Bedroom | $990 |
| FMR 3-Bedroom | $1,295 |
| FMR 4-Bedroom | $1,540 |
Market
| Days on Market | 87 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.8% |
| Homes Sold | 65 |
| Active Inventory | 316 |
| Price Per Sq Ft | $202 |
Ownership & Stock
| Owner-Occupied | 61.6% |
| Renter-Occupied | 38.4% |
| Homeownership Rate | 61.6% |
| Total Housing Units | 34,127 |
| Median Year Built | 1979 |
| Rent Burden | 29.0% |
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