Austin-Round Rock-Georgetown vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 56% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,299/mo in Austin-Round Rock-Georgetown — saving $5,568/year.
Rent by Unit Size
| Unit Size | Austin-Round Rock-Georgetown | Rapid City | Difference |
|---|---|---|---|
| Studio | $907 | $574 | $333 |
| 1 Bedroom | $1,086 | $702 | $384 |
| 2 Bedrooms | $1,299 | $835 | $464 |
| 3 Bedrooms | $1,588 | $1,106 | $482 |
| 4 Bedrooms | $1,903 | $1,277 | $626 |
| Median Income | $84,490 | $44,904 | $39,586 |
Austin-Round Rock-Georgetown
- Studio
- $907/mo
- 1 BR
- $1,086/mo
- 2 BR
- $1,299/mo
- 3 BR
- $1,588/mo
- 4 BR
- $1,903/mo
- Median Income
- $84,490/yr
Rapid City
- Studio
- $574/mo
- 1 BR
- $702/mo
- 2 BR
- $835/mo
- 3 BR
- $1,106/mo
- 4 BR
- $1,277/mo
- Median Income
- $44,904/yr
Frequently Asked Questions
Is Austin-Round Rock-Georgetown or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,299/mo in Austin-Round Rock-Georgetown. That's $464/mo or $5,568/year more expensive in Austin-Round Rock-Georgetown (56% higher).
What is the 2-bedroom rent in Austin-Round Rock-Georgetown vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Austin-Round Rock-Georgetown is $1,299/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Austin-Round Rock-Georgetown and Rapid City?
The median household income in Austin-Round Rock-Georgetown is $84,490/year. In Rapid City it is $44,904/year. Austin-Round Rock-Georgetown has the higher median income.
What is the studio rent in Austin-Round Rock-Georgetown vs Rapid City?
A studio apartment Fair Market Rent in Austin-Round Rock-Georgetown is $907/mo. In Rapid City it is $574/mo.