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Apartments Under $700 in Rapid City, SD

1 - 9 of 9 Results
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
4
$541 - 700
Pine Crest
721 Eldene Lane Rapid City, SD
2 BR | Ask for Availability
Contact
Income Restricted
Air Conditioning
1
$697
Sundial Square Apartments
118 Waterloo St #110 Rapid City, SD
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
10
$650
1108 Farlow Ave
Rapid City, SD
1 BR | Sep. 1, 2026
Contact
31
$445 - 485
2040 W. Main
Rapid City, SD
Studio | Available Now
Contact
$465
Robbinsdale Heights 2
433 E Fairlane Dr Rapid City, SD
Studio | Sep. 10, 2026
Contact
Storage
1
$303 - 783
Whisper Rock Apartments
1.8
4216 Berniece St Rapid City, SD
1 - 2 BR | Ask for Availability
Contact
Income Restricted
Air Conditioning
In Unit Laundry
Disability Access
Dishwasher
$671 - 750
Sunshine Park Apartments
614 E Watertown St Rapid City, SD
1 BR | Ask for Availability
Contact
Income Restricted
Air Conditioning
1 - 9 of 9 Results
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  2. Rapid City
  3. Apartments Under $700
Frequently Asked Questions

How many apartments under $700 are available in Rapid City, SD on Rentable.co?

There are 9 apartments under $700 in Rapid City currently available for rent on Rentable.co.

How many studio apartments under $700 are available in Rapid City?

Rentable.co has 19 studio apartments under $700 available for rent in Rapid City.

How many one-bedroom apartments under $700 are available in Rapid City?

Rentable.co has 13 one-bedroom apartments under $700 available for rent in Rapid City.

How many two-bedroom apartments under $700 are available in Rapid City?

Rentable.co has 25 two-bedroom apartments under $700 available for rent in Rapid City.

Can I afford a apartment under $700 in Rapid City, SD?

To comfortably afford a apartment under $700 in Rapid City based on average rent prices, a household would need an annual income of $21,000.

Apartments Under $700 in Rapid City, SD: August Rental Information

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

Our experts analyze the inventory trends for apartments under $700 — 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 $700 in Rapid City. Whether you're a student or young professional looking for an affordable apartment, this report will provide you with a comprehensive overview of the current rental market in Rapid City and help you make an informed decision for your next home.
0 5 10 15 20 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620
This month, the typical cost to rent a one-bedroom apartment in Rapid City stands at $1,140, with the majority falling between $760 and $1,400. Out of the 345 one-bedroom apartments currently on the market in Rapid City, 11 are priced below $700, accounting for 3% of the total available one-bedroom units in Rapid City.

Available Apartments Under $700: Rapid City vs. Surrounding Areas

Rapid City, SD
Box Elder, SD
7
5
The chart above provides an overview of the number of available apartments under $700 in Rapid City, SD, and the surrounding area. As of August 2026, there are 14 apartments in the Rapid City metro area that fall within this price range. The chart also displays the availability in Box Elder, Custer, New Underwood, Sturgis, and Piedmont, which are cities near Rapid City. This information can help renters in their search for affordable apartments in the Rapid City, SD metro area.

Apartments Under $700 Now vs. Last Month: Rapid City and Surrounding Areas

City Apartments Under $700 in August M/M % Change
Rapid City, SD 7 +0.81%
Box Elder, SD 5 +1.0%
New Underwood, SD 1 +1.0%
Custer, SD 0 +1.0%

Looking for Apartments Under $700 in Rapid City?

Available apartments under $700 82
Top amenities Air Conditioning, Dishwasher, Refrigerator, Trash Removal Included, Range / Oven
Pet friendly 10
Utilities included 5
Studio 3
1 Bedroom 4
2 Bedroom 11
Square footage 342 - 1,150
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