Housing in Rapid City, South Dakota
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| Median Home Age | 35.8 | 35.1 |
| Median Home Cost | $150,800 | $153,800 |
| Home Appreciation | 3.56% | 1.62% |
| Homes Owned | 54.37% | 57.69% |
| Housing Vacant | 5.51% | 11.38% |
| Homes Rented | 40.12% | 30.93% |
| Property Tax Rate | $17.77 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 5.06% | 2.72% |
| $20,000 to $39,999 | 2.72% | 4.03% |
| $40,000 to $59,999 | 4.18% | 5.58% |
| $60,000 to $79,999 | 6.17% | 7.09% |
| $80,000 to $99,999 | 9.95% | 8.80% |
| $100,000 to $149,999 | 31.84% | 21.26% |
| $150,000 to $199,999 | 17.38% | 14.87% |
| $200,000 to $299,999 | 14.93% | 16.82% |
| $300,000 to $399,999 | 4.41% | 7.83% |
| $400,000 to $499,999 | 1.40% | 4.04% |
| $500,000 to $749,999 | 1.10% | 4.05% |
| $750,000 to $999,999 | 0.25% | 1.26% |
| $1,000,000 or more | 0.59% | 1.64% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 14.78% | 13.71% |
| 1995 to 1998 | 11.76% | 14.31% |
| 1990 to 1994 | 11.76% | 14.31% |
| 1980 to 1989 | 12.19% | 13.87% |
| 1970 to 1979 | 20.00% | 16.17% |
| 1960 to 1969 | 11.34% | 11.70% |
| 1950 to 1959 | 17.60% | 11.08% |
| 1940 to 1949 | 5.43% | 6.02% |
| 1939 or Earlier | 6.89% | 13.15% |
The median home value in Rapid City, SD, is $150,800. Home appreciation is 3.56% over the last year. The median age of Rapid City, SD, real estate is 36 years.
Rapid City, SD Apartments and Rentals
Renters make up 40.12% of the Rapid City, SD, population. 5.51% of houses and apartments in Rapid City, SD, are unoccupied (vacancy rate).
Rapid City Housing SperlingViews
Too High for the Wages: Rapid City is a beautiful area, with the Black Hills as a backdrop to any home you have in our area. However, you will pay a hefty price for such scenery, as the housing... (read more)Rapid City: Obviously Russ, you haven't done your homework about Rapid City's Cost of Living. High cost of living? Ask any of the full-time RVers (I used to be one) what the clear... (read more)Nice place to live if you have a good job: If you don't make at least $40,000 a year, you don't want to live here. Most jobs in town pay less than $9.00 an hour. Food costs are high, public transportation is... (read more)Have an opinion about Rapid City? Leave a commentTo See All SperlingViews for Rapid City Click Here
