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Apartments Under $700 in Rapid City, SD

1 - 8 of 8 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
0
$695
405 E Watertown
Rapid City, SD
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
36
$445 - 485
2040 W. Main
Rapid City, SD
Studio | Available Now
Contact
0
$700
$700 - 1 Bedroom 1 Bath Apartment - Heart Of The City
1219 5th St Apt 1 Rapid City, SD
1 BR | May. 21, 2026
Contact
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 - 8 of 8 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 8 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 15 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 18 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 103 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: 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 $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 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 338 one-bedroom apartments currently on the market in Rapid City, 4 are priced below $700, accounting for 1% 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
5
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 May 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 May M/M % Change
Rapid City, SD 6 +1.08%
Box Elder, SD 5 +1.0%
New Underwood, SD 1 +1.0%
Custer, SD 1 +1.25%

Looking for Apartments Under $700 in Rapid City?

Available apartments under $700 24
Top amenities Refrigerator, Trash Removal Included, Online Payments, Online Community Portal, Off Street Parking
Utilities included 5
Studio 2
1 Bedroom 5
2 Bedroom 2
Square footage 370 - 752
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