Rapid City, Pennington County, SD Housing Trends, Rent, Price-to-Rent

Market Summary

Rapid City, Pennington County, SD

Median Home Price Price

$347,704 $347.7K

Median Monthly Rent Rent

$1,505 $1.5K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Rapid City, SD is $1,505, with MoM change +$13 and YoY change +$77 pointing to positive momentum while volatility is low (std $17).

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Metric

Base market Rapid City, SD

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Delta vs base

Median rent

$1,505

N/A

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Median price

$347,704

N/A

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YoY change

+$77

N/A

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Price-to-rent

19.3x

Data unavailable

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