SDPB
sdpb.org › politics
As Rapid City grows, infrastructure and housing become key questions | SDPB
3 weeks ago - Namely creating more middle-income housing for current homeowners to buy into, thus opening their previous homes to new owners. Growth in the Black Hills generally isn’t slowing down though.
Rapid City Journal
rapidcityjournal.com › news › local › many-factors-contribute-to-local-affordable-housing-shortage › article_5db5a27b-6e53-508e-8c8d-662094c26861.html
Many factors contribute to local affordable housing shortage
A variety of factors contribute to Rapid City’s shortage of affordable housing. They include a shortage of high-income housing, wage stagnation, growing demand for single-person homes, and an overdependence on
Published 1 month ago
Raider Generation
shsraidergeneration.com › 1714 › news › rapid-city-communities-create-plan-to-solve-housing-crisis
Rapid City Communities Create Plan to Solve Housing Crisis – Raider Generation
Elevate Rapid City’s study dug into the reason housing is increasingly expensive in the area. The study discovered that the increase in housing prices is largely due to a shortage of housing units combined with an increasing population.
Bhacf
bhacf.org › affordable-housing
Affordable Housing
July 14, 2025 - Low and aging inventory drives high housing costs across the region. The issue is compounded by population growth, high borrowing rates, rising property values, and workforce shortages in technical trades.
Commonbond
commonbond.org › home › rapid city
Rapid City - CommonBond Communities
January 12, 2024 - A housing 2018 study conducted by the Black Hills Knowledge Network revealed a massive shortage of housing units (nearly 3,500) for residents whose average median household income is less than $35,000 per year.
Sdstandardnow
sdstandardnow.com › home › will-high-real-estate-prices-leave-you-house-poor-it-depends-on-where-you-live
Rapid City financial advisor Rick Kahler: will high home prices leave you house poor? Depends on where you live. — The South Dakota Standard
March 13, 2024 - In some places, today’s real estate climate can make that a challenge. We’re seeing this in Rapid City, where recent population growth has led to a housing shortage and dramatic increases in both home prices and rents.
NewsCenter1
newscenter1.tv › news › local › increases-to-trash-collection-fees-and-short-term-rental-regulations-pass-rapid-city-council
Increases to trash collection fees and short term rental regulations pass Rapid City Council - Rapid City South Dakota news, weather, sports | NewsCenter1
2 weeks ago - “Right now, less than 1% of all ... license that’s in right now.” · Proponents of the ordinance argued it was necessary to protect neighborhood character and housing inventory....
Elevate Rapid City
elevaterapidcity.com › resources › housing-dashboard
Rapid City Housing Dashboard - Elevate Rapid City
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.
National Low Income Housing Coalition
nlihc.org › housing-needs-by-state › south-dakota
South Dakota | National Low Income Housing Coalition
Across South Dakota, there is a shortage of rental homes affordable and available to extremely low income households (ELI), whose incomes are at or below the poverty guideline or 30% of their area median income (AMI).
Rocket
rocket.com › homes › south dakota › pennington county › rapid city
Rapid City, South Dakota Housing Market Report July 2025 - Redfin Powered by Rocket
Rapid City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Rapid City Journal
rapidcityjournal.com › news › local › hot-local-housing-market-has-homebuyers-scrambling › article_e4cdfed9-ebea-5d8f-9b0c-b5f5b74b4ffa.html
Hot local housing market has homebuyers scrambling
The shortage of homes on the market also comes as the economy continues to stabilize from the deep recession a decade ago, with more people staying in their homes, said Pam Heiberger, president of the Black Hills Association of Realtors.
Published September 23, 2025
Jtvf
jtvf.org › home › fast facts on rapid city housing
Fast Facts on Rapid City Housing - John T. Vucurevich Foundation
September 20, 2023 - Since the pandemic, costs for both rental and owner-occupied housing have risen substantially, putting additional pressure on our community’s most vulnerable. 38% of Rapid City households are renters.
KELOLAND
keloland.com › news › local-news › why-buying-a-home-is-out-of-reach-for-many-south-dakota-residents
Why buying a home is out of reach for many South Dakota residents
December 18, 2022 - While home prices are typically much lower in rural areas of the state, the housing stock in small towns tends to be older and in need of repair, and available properties for sale are scarce.
Rapid City Airport
rcgov.org › departments › community-planning-development › long-range-planning › housing-plan-9204.html
Housing Plan | Rapid City South Dakota
March 22, 2021 - The City Council approved Resolution 2019-070, adopting the Rapid City Affordable Housing Policy. This Resolution prompted the development of a compre...
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
Rapid City Journal
rapidcityjournal.com › news › local › common-bond-the-radiant-rapid-city-affordable-housing › article_c944b260-5729-11ee-bd50-7798909a74c1.html
CommonBond addressing affordable housing in Rapid City with uncommon solution
Elevate's study shows the tight market has pushed rents alone over $1,500 in many cases. And vacancy rates — which should be in the 5% to 7% range to be considered "healthy" — are nowhere near where they should be.
Published September 20, 2025
Blackhillshabitat
blackhillshabitat.org › affordable-workforce-housing
Affordable Housing Project in Rapid City, SD
March 10, 2025 - Each time the city rejected our plans, we lost valuable affordable housing space.
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.
Affordable Housing Online
affordablehousingonline.com › home › south dakota › pennington county › rapid city
Low Income Apartments and Affordable Housing For Rent in Rapid City, SD
The rental vacancy rate in Rapid City is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
HUD
hud.gov › states › south-dakota
South Dakota | HUD.gov / U.S. Department of Housing and Urban Development (HUD)
The programs and resources listed below help homeowners with home repairs and improvements Rapid City Community Development