Home values, rents and more in the Rapid City metro area
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Rapid City metro in ProMap- Under $160k
- $160k–$220k
- $220k–$300k
- $300k–$360k
- $360k+
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How the Rapid City metro compares
The typical home in the Rapid City metro area is worth about $370,000, according to the Zillow Home Value Index for September 2026. Home values in the Rapid City metro are 16% above the typical value in South Dakota ($318,000) and about the same as the U.S. typical value ($366,000).
Over the past year, home values in the Rapid City metro rose 2.1%, compared with +2.3% in South Dakota and +1.2% nationally.
Typical rent is $1,457 a month (Zillow Observed Rent Index), 12% above South Dakota ($1,306) and 25% below the U.S. ($1,932). Rents rose 4.2% over the past year.
The median household income is $75,255, against $75,081 in South Dakota and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 156,934 people live in the Rapid City metro (Census Bureau estimate for July 2025).
The Rapid City metro has the 202nd-highest typical home value of the 923 metro areas in the United States and the 2nd-highest of 11 in South Dakota with Zillow figures.
Part of: South Dakota
More for the Rapid City metro in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- School test scores
- Flood, wildfire and natural hazard risk
- Property-tax rate
- Unemployment and job growth
- Building permits
- Mortgage delinquency
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby metro areas
Counties in the Rapid City metro
Cities in the Rapid City metro
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.