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Learn about the people, housing, costs and businesses in Rapid City
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Rapid City.
True all-in cost — P&I, taxes, insurance & utilities for homes in Rapid City.
Find and compare lenders active near Rapid City.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Rapid City.
Seismic risk and earthquake insurance estimates for Rapid City.
Wildfire exposure and insurance estimates for Rapid City.
Cost of living, demographics, and community profile
Mortgage rates for Rapid City are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.
View current rates for Rapid CityThe median home value in Rapid City is $322k. The median monthly rent is $1,163. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Rapid City have increased 13.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,272/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rapid City is $78k/year.
Calculate your buying powerThe largest employment sectors in Rapid City are public administration (26%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.