Redfin
redfin.com › city › 13643 › SD › Rapid-City › housing-market
Rapid City, SD Housing Market
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Rapid City.
KOTA
kotatv.com › 2025 › 04 › 24 › montana-based-real-estate-company-brings-more-affordable-housing-rapid-city
Montana-based real estate company brings more affordable housing to Rapid City
RAPID CITY, S.D. (KOTA) - Affordable housing can improve the quality of life for many in the community. That is the goal of a company involved in an apartment complex project, Sagebrush Flats. “I think there’s a (affordable) housing shortage in Rapid City and in a lot of communities out west,” said the project manager of Blue Line Development Incorporated, Jason Boal.
Published April 24, 2025
Synergos Technologies
synergos-tech.com › mkt_reports › STI_Market_Reports › M068 › _book › housing.html
Housing | Rapid City, SD
Vacancy - 12.9% The Rapid City, SD Market ranks 52nd in Vacancy across STI Markets with a Vacancy rate of 12.9%. That is 19,157 Vacant Housing units compared to 129,912 Occupied units. Ownership -...
Elevate Rapid City
elevaterapidcity.com › resources › housing-dashboard
Rapid City Housing Dashboard - Elevate Rapid City
March 18, 2026 - The Rapid City Housing Dashboard provides the latest housing statistics in Rapid City and the Black Hills region, so you can make informed decisions that impact your business and community.
Rapid City Journal
rapidcityjournal.com › news › local › city-looking-at-tiny-homes-cheaper-permits-as-answers-to › article_ed21d409-b92f-56b2-894e-cc65740de1d3.html
City looking at tiny homes, cheaper permits as answers to affordable housing shortage
One of several goals included in the city's current comprehensive plan, the development of affordable housing, has been repeatedly singled out by local elected officials as one of greatest challenges that Rapid City faces. The term affordable housing generally refers to housing that costs less than 30 percent of a family's gross income. There is an estimated shortage in Rapid City of approximately 3,500 owner-occupied housing units costing $899 or less per month, according to a 2018 study by the Black Hills Knowledge Network.
Published September 5, 2025
Blackhillshabitat
blackhillshabitat.org › affordable-workforce-housing
Affordable Housing Project in Rapid City, SD
March 10, 2025 - Finding investors who understand ... (or more) valuable ways is difficult in our current economic climate. As the Black Hills Area population grows the affordable housing crisis is growing with it....
KOTA
kotatv.com › 2024 › 01 › 18 › rapid-citys-continued-growth-2023-puts-spotlight-housing-worker-issues
Rapid City’s continued growth in 2023 puts a spotlight on housing and worker issues
Safety at the forefront, along with various amenities in the city, has played a sizeable role in bringing people to the area over the last couple of years. But with the new year, more issues regarding community needs are rapidly stacking up. “We need a lot of housing—multifamily housing, single-family housing—we need housing across the board,” expressed Johnson.
Published January 18, 2024
Elevate Rapid City
elevaterapidcity.com › news › 2023 › 10 › 12 › elevate-magazine › what-is-affordable-housing-rapid-city-south-dakota
What is Affordable Housing? Rapid City, South Dakota - Elevate Rapid City
October 12, 2023 - The Federal government would say that no more than 30% of a household’s income should go toward housing. ... As of September 12, in Rapid City, the average monthly rent is $1,213. That means that in order to afford rent, a household would need to make $4,332.14 a month or $24.99 an hour.
Elevate Rapid City
elevaterapidcity.com › resources › housing-study
Black Hills Region Housing Study - Elevate Rapid City - Elevate Rapid City
Housing Study for Rapid City Black Hills Area was conducted over the course of 2022 by MSA Professional Services. The Housing Study is intended to help Rapid City and the surrounding communities better understand the local housing market.
SD Housing
sdhousing.org
SD Housing – Affordable Housing Programs & Assistance for SD
South Dakota is growing—and the demand for quality, affordable housing is growing with it. SD Housing partners with developers to support the creation and rehabilitation of housing that serves communities across the state.
Pchrc
pchrc.com › home
Equal Housing - Pennington County Housing and Redevelopment Commission
July 12, 2022 - What is PCHRC? Pennington County Housing and Redevelopment Commission was founded in 1971 and consists of Federally Assisted Housing Programs under HUD (Housing and Urban Development). These programs consist of Housing Choice Vouchers (Section 8, VASH, FYI), Public Housing, and Affordable Housing ...