Rapid City CDP: Median Gross Rent Trend
How Rapid City CDP's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$633
2023
$987
Total change
+$354
% change
+55.9%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $633 | — |
| 2019 | $729 | +$96 (15.2%) |
| 2020 | $739 | +$10 (1.4%) |
| 2021 | $745 | +$6 (0.8%) |
| 2022 | $1,088 | +$343 (46%) |
| 2023 | $987 | $101 (-9.3%) |