Rapid Valley, SD
Full City Profile · South Dakota · Lawrence County County
3.3
/5.0
B
Good
7,153
Population
1,116/sq mi density
$85,217
Median Income
$40,944 per capita
$226,300
Home Value
$359,031 Zillow
$1,263
Median Rent
35.0% income on rent
47°F
Avg Temperature
311 sunny days/yr
286
Violent Crime/100K
1,315 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$85,217 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$226,300 home value, $1,263/mo rent
F
Safety
1.0 / 5.0
286 violent crimes/100K
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher
Housing Overview
Median Home Value
$226,300
20% below
US avg: $281,900
Median Rent
$1,263/mo
9% above
US avg: $1,163/mo
Homeownership Rate
95.8%
46% above US avg (65.4%)
Total Housing Units
3,138
Median year built: 1986
Home Value by Source
Census Median
$226,300
Zillow (ZHVI)
$359,031
Median Sale Price
$280,000
Median List Price
$295,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
95.8%
Owner-Occupied
4.2%
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:
$1,263/mo
Market Indicators (Redfin)
Median Days on Market
100 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$182
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
35.0%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
95.8%
Complete Housing Data
Home Values
| Census Median Value | $226,300 |
| Zillow Home Value (ZHVI) | $359,031 |
| Median Sale Price | $280,000 |
| Median List Price | $295,500 |
| Price Per Sq Ft | $182 |
Rent
| Census Median Rent | $1,263 |
| 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 | 100 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 14.3% |
| Homes Sold | 5 |
| Active Inventory | 14 |
| Price Per Sq Ft | $182 |
Ownership & Stock
| Owner-Occupied | 95.8% |
| Renter-Occupied | 4.2% |
| Homeownership Rate | 95.8% |
| Total Housing Units | 3,138 |
| Median Year Built | 1986 |
| Rent Burden | 35.0% |
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