Rapid City, SD Metro Area: Median Gross Rent Trend
How Rapid City, SD Metro Area'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
$802
2023
$1,083
Total change
+$281
% change
+35%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $802 | — |
| 2019 | $846 | +$44 (5.5%) |
| 2020 | $870 | +$24 (2.8%) |
| 2021 | $926 | +$56 (6.4%) |
| 2022 | $1,014 | +$88 (9.5%) |
| 2023 | $1,083 | +$69 (6.8%) |