Buffalo-Cheektowaga vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 9% cheaper for renters. A 2-bedroom rents for $835/mo vs $907/mo in Buffalo-Cheektowaga — saving $864/year.
Rent by Unit Size
| Unit Size | Buffalo-Cheektowaga | Rapid City | Difference |
|---|---|---|---|
| Studio | $588 | $574 | $14 |
| 1 Bedroom | $711 | $702 | $9 |
| 2 Bedrooms | $907 | $835 | $72 |
| 3 Bedrooms | $1,073 | $1,106 | $33 |
| 4 Bedrooms | $1,274 | $1,277 | $3 |
| Median Income | $48,222 | $44,904 | $3,318 |
Buffalo-Cheektowaga
- Studio
- $588/mo
- 1 BR
- $711/mo
- 2 BR
- $907/mo
- 3 BR
- $1,073/mo
- 4 BR
- $1,274/mo
- Median Income
- $48,222/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 Buffalo-Cheektowaga or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $907/mo in Buffalo-Cheektowaga. That's $72/mo or $864/year more expensive in Buffalo-Cheektowaga (9% higher).
What is the 2-bedroom rent in Buffalo-Cheektowaga vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Buffalo-Cheektowaga is $907/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Buffalo-Cheektowaga and Rapid City?
The median household income in Buffalo-Cheektowaga is $48,222/year. In Rapid City it is $44,904/year. Buffalo-Cheektowaga has the higher median income.
What is the studio rent in Buffalo-Cheektowaga vs Rapid City?
A studio apartment Fair Market Rent in Buffalo-Cheektowaga is $588/mo. In Rapid City it is $574/mo.