Rapid City city: Median Gross Rent Trend
How Rapid City city'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
$784
2023
$1,053
Total change
+$269
% change
+34.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $784 | — |
| 2019 | $837 | +$53 (6.8%) |
| 2020 | $855 | +$18 (2.2%) |
| 2021 | $898 | +$43 (5%) |
| 2022 | $975 | +$77 (8.6%) |
| 2023 | $1,053 | +$78 (8%) |