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Rapid City, SD Townhomes for Rent

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  • /50

    Starting at $982 Per Month

    • Studio - 3 Beds

    5053 Shelby Ave, Rapid City, SD 57701

    Welcome to Sedona Flats—where modern living meets nature-inspired Southwest design. From the community room to your own home, you'll see a fresh, contemporary take on desert-inspired style. Our studio to three-bedroom apartments offer open floor plans, large windows for plenty of natural light, and stylish, modern finishes to match your lifestyle.Enjoy exceptional community amenities, including

    Sedona Flats

    (605) 939-7862

    5053 Shelby Ave, Rapid City, SD 57701
  • /20

    Starting at $1,254 Per Month

    • 2 - 3 Beds

    3335 Palm Dr, Rapid City, SD 57701

    Vista Pointe Townhouse Apartments features spacious floor plans that are conveniently located. Open floor plans with a pass-through from the kitchen into the dining area, neutral colors, laundry hookups (or we will provide you with a washer & dryer for $100 per month) Garages available for $65.00 per month. Application Fee: $50.00.

    Vista Pointe Apartments

    (605) 600-6939

    3335 Palm Dr, Rapid City, SD 57701
  • /13

    $1,400

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Townhouse for Rent

    712 South St Unit A Main Floor, Rapid City, SD 57701

    Wonderful 1920's home with units available. Walk to downtown Rapid City. Close to Monument Health.

    712 South St Unit A Main Floor, Rapid City, SD 57701
  • /21

    $1,900 Per Month

    • 2 Beds
    • 2 Baths
    • 1,083 Sq Ft
    • Townhouse for Rent

    3945 Fairway Hills Dr, Rapid City, SD 57702

    Welcome to 3946 Fairway Hills Drive, a meticulously renovated 2-bedroom, 2-bathroom condo nestled on the southwest side of Rapid City. Boasting a prime location near schools, this residence offers convenience and comfort in equal measure.Step inside to discover a tastefully updated interior featuring brand-new appliances and an in-unit washer and dryer, ensuring modern convenience at

    3945 Fairway Hills Dr, Rapid City, SD 57702
  • /26

    $1,800 Per Month

    • 1 Bed
    • 1 Bath
    • Townhouse for Rent

    13646 Twisted Pnes Trail, Rapid City, SD 57702

    Fully furnished. One bedroom, one bathroom apartment over garage. Garage space included. Pool and hot tub access included. Short commute to Rapid City. All utilities, with high speed internet, included. Stunning views of the Black Hills. Apartment above garage of attached home.

    13646 Twisted Pnes Trail, Rapid City, SD 57702
  • /5

    $895 Per Month

    • 1 Bed
    • 1 Bath
    • 400 Sq Ft
    • Townhouse for Rent

    1213 Quincy St, Rapid City, SD 57701

    Welcome to this basement unit located at 1213 Quincy Street in Rapid City, SD. Minutes from downtown in a beautiful historic district. The unit offers a cozy living space, perfect for a single individual. Situated in a convenient location, this property offers easy access to local amenities, shopping centers, dining options,Newer kitchen, flooring and paint upgrades perfect for an

    1213 Quincy St, Rapid City, SD 57701
  • /10

    $1,850 Per Month

    • 3 Beds
    • 3 Baths
    • 1,610 Sq Ft
    • Parkview Townhomes

    4236 Parkview Dr, Rapid City, SD 57701

    Parkview Townhomes come fully loaded with 3 bedrooms, 2.5 bathrooms, one car garage, a whirlpool jet tub, forced air heating, and central A/C! Got kids? We've got a park right across the street! Couple minute drive to Wal-Mart and Rapid City Regional Hospital. Conveniently located just minutes away from the Beautiful Black Hills! Quiet area perfect for you! Pets welcome.

    4236 Parkview Dr, Rapid City, SD 57701

Frequently Asked Questions

How much does it cost to rent a townhouse in Rapid City, SD?
The median rent for a townhouse in Rapid City, SD is $2,425 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Rapid City, SD?
To comfortably afford the median rent in Rapid City, SD, a household needs to earn roughly $55,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,385 per month in Rapid City, SD, renters typically need to show $4,155 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Rapid City, SD?
In Rapid City, SD, the price-to-rent ratio is 22.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Townhouse Rental Trends in Rapid City, SD

Rental Home Trends

Number of Townhouses for Rent
7
Median Townhouse Rent
$2,425
Median 2 Bedroom Townhouse Rent
$1,400
Median 4 Bedroom Townhouse Rent
$3,450
How to Rent a Home