Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Rapid City area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $1,200 in Rapid City, SD

1 - 30 of 46 Results
16
$1,145
Prairie Tree Apartments
4.0
4010 Elm Ave #105 Rapid City, SD
2 BR | Aug. 8, 2026
Contact
Heat Included
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
4
$541 - 700
Pine Crest
721 Eldene Lane Rapid City, SD
2 BR | Ask for Availability
Contact
Income Restricted
Air Conditioning
5
$452 - 877
Eagle Ridge
3.4
121 Stumer Rd. Rapid City, SD
2 - 3 BR | Ask for Availability
Contact
Income Restricted
Section 8
Surface Parking
7
$479 - 876
Edgewood
4.4
721 Eldene Lane Rapid City, SD
2 - 3 BR | Ask for Availability
Contact
Income Restricted
Section 8
Surface Parking
Dishwasher
14
$1,020 - 1,165
Champion Villas
3220 Champion Dr Rapid City, SD
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
7
$950
Lacrosse Apartments
761 E Anamosa St Rapid City, SD
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Storage
14
$985 - 1,105
Bg Flats Apartments
3200 Jaffa Gdn Way Rapid City, SD
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
1
$947 - 1,197
Sundial Square Apartments
118 Waterloo St #110 Rapid City, SD
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
24
3D Tour
$1,145 - 1,230
Alps Park Apartments
3.0
1800 Shaver Street #111 Rapid City, SD
Studio | Available Now
Contact
Heat Included
Virtual Tour
Luxury
Air Conditioning
Covered Parking
9
$950
The Owens Studios
603 Quincy St Rapid City, SD
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
11
3D Tour
$1,145 - 1,455
Pointe West Apartments
3.8
3945 Pointe West Place Rapid City, SD
1 - 2 BR | Available Now
Contact
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
Dishwasher
Pool
46
3D Tour
$1,005 - 1,210
Candlewood Apartments
4.0
4404 Candlewood Place Rapid City, SD
Studio - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
22
3D Tour
$1,080 - 1,410
Canyon Lake Apartments
2.2
3741 Canyon Lake Drive Rapid City, SD
1 - 2 BR | Available Now
Contact
Virtual Tour
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Fitness Center
10
$925
555 Degeest Dr, Unit 103
Rapid City, SD
Studio | Jun. 15, 2026
Contact
Dishwasher
9
$1,075
1330 E Minnesota St Unit 307
Rapid City, SD
1 BR | May. 26, 2026
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
5
$845
318 National St Unit 5
Rapid City, SD
1 BR | Jun. 1, 2026
Contact
Storage
10
$1,200
1050 Valley Dr, Unit 13
Rapid City, SD
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
4
$900
Historic Downtown Rapid City Apartment For Lease
822 Main St Rapid City, SD
1 BR | Ask for Availability
Contact
12
$995
9 St Francis St
Rapid City, SD
2 BR | Available Now
Contact
Air Conditioning
6
$945
Remodeled Downtown Rapid City 1 Bedroom
510 Saint Joseph St Rapid City, SD
1 BR | Ask for Availability
Contact
1
$975
~applications Pending~ * Spring 3-2-1 Rent Special * Quaint 1 Bedroom Home For Rent
216 E Denver St Rapid City, SD
1 BR | Available Now
Contact
House
31
$445 - 980
2040 W. Main
Rapid City, SD
Studio | Available Now
Contact
22
$1,200
706 South St Unit 2
Rapid City, SD
1 BR | Available Now
Contact
Air Conditioning
Dishwasher
1
$695
405 E Watertown
Rapid City, SD
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
3
$1,150
851 E Minnesota Apt #207
Rapid City, SD
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
12
$875
720 Haines Ave Unit B
Rapid City, SD
2 BR | Available Now
Contact
10
$850
409 St Patrick St
Rapid City, SD
2 BR | Jun. 4, 2026
Contact
8
$925
Downtown Rapid City 1 Bedroom Apartment
701 S Street Rpd Rapid City, SD
1 BR | Ask for Availability
Contact
0
$785 - 985
Star Village
27 Signal Dr Rapid City, SD
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
16
$1,025
811 Mallow St Unit 7
Rapid City, SD
3 BR | Jun. 1, 2026
Contact
Dishwasher
1 - 30 of 46 Results
  1. Home
  2. Rapid City
  3. Apartments Under $1,200
Frequently Asked Questions

How many apartments under $1,200 are available in Rapid City, SD on Rentable.co?

There are 46 apartments under $1,200 in Rapid City currently available for rent on Rentable.co.

How many studio apartments under $1,200 are available in Rapid City?

Rentable.co has 58 studio apartments under $1,200 available for rent in Rapid City.

How many one-bedroom apartments under $1,200 are available in Rapid City?

Rentable.co has 240 one-bedroom apartments under $1,200 available for rent in Rapid City.

How many two-bedroom apartments under $1,200 are available in Rapid City?

Rentable.co has 427 two-bedroom apartments under $1,200 available for rent in Rapid City.

Can I afford a apartment under $1,200 in Rapid City, SD?

To comfortably afford a apartment under $1,200 in Rapid City based on average rent prices, a household would need an annual income of $39,000.

Apartments Under $1,200 in Rapid City, SD: May Rental Information

Welcome to the May 2026 Rapid City Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Rapid City rental landscape.

Our experts analyze the inventory trends for apartments under $1,200 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Rapid City and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $1,200 in Rapid City. Whether you're a budget-conscious renter or simply looking for an affordable rental option, this report will help you make informed decisions about your next apartment in Rapid City.
0 2 5 7 10 <$700 $720 $760 $800 $840 $880 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 >$1,400
This month, the typical cost to rent a one-bedroom apartment in Rapid City stands at $1,040, with the majority falling between $700 and $1,400. Out of the 337 one-bedroom apartments currently on the market in Rapid City, 226 are priced below $1,200, accounting for 67% of the total available one-bedroom units in Rapid City.

Available Apartments Under $1,200: Rapid City vs. Surrounding Areas

Rapid City, SD
Box Elder, SD
Piedmont, SD
52
10
3
In the month of May 2026, there are numerous apartments available for rent in Rapid City, SD and the surrounding cities. The chart above displays the number of apartments available under $1,200 in Rapid City and its neighboring areas, including Box Elder, Custer, New Underwood, Sturgis, and Piedmont. Currently, the total inventory in the Rapid City, SD metro area is 57. This gives renters a wide range of options to choose from, ensuring they can find an affordable and suitable home in the region.

Apartments Under $1,200 Now vs. Last Month: Rapid City and Surrounding Areas

City Apartments Under $1,200 in May M/M % Change
Rapid City, SD 52 +1.07%
Box Elder, SD 10 +1.09%
Piedmont, SD 3 +1.1%
New Underwood, SD 1 +1.11%
Custer, SD 1 +1.25%

Looking for Apartments Under $1,200 in Rapid City?

Available apartments under $1,200 792
Top amenities On Site Laundry, Refrigerator, Trash Removal Included, Range / Oven, High Speed Internet
Deals 7
Pet friendly 54
Utilities included 29
Furnished 1
Studio 15
1 Bedroom 39
2 Bedroom 29
Square footage 344 - 1,075
Browse Rapid City Apartments
Rapid City Apartments by Bedrooms
Rapid City Apartments by Affordability
Rapid City Apartments with Amenities
Rapid City Apartments by Type
Rapid City Apartments by Zip Code