Charleston-North Charleston vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 39% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,159/mo in Charleston-North Charleston — saving $3,888/year.
Rent by Unit Size
| Unit Size | Charleston-North Charleston | Rapid City | Difference |
|---|---|---|---|
| Studio | $766 | $574 | $192 |
| 1 Bedroom | $923 | $702 | $221 |
| 2 Bedrooms | $1,159 | $835 | $324 |
| 3 Bedrooms | $1,459 | $1,106 | $353 |
| 4 Bedrooms | $1,529 | $1,277 | $252 |
| Median Income | $57,454 | $44,904 | $12,550 |
Charleston-North Charleston
- Studio
- $766/mo
- 1 BR
- $923/mo
- 2 BR
- $1,159/mo
- 3 BR
- $1,459/mo
- 4 BR
- $1,529/mo
- Median Income
- $57,454/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 Charleston-North Charleston or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,159/mo in Charleston-North Charleston. That's $324/mo or $3,888/year more expensive in Charleston-North Charleston (39% higher).
What is the 2-bedroom rent in Charleston-North Charleston vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Charleston-North Charleston is $1,159/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Charleston-North Charleston and Rapid City?
The median household income in Charleston-North Charleston is $57,454/year. In Rapid City it is $44,904/year. Charleston-North Charleston has the higher median income.
What is the studio rent in Charleston-North Charleston vs Rapid City?
A studio apartment Fair Market Rent in Charleston-North Charleston is $766/mo. In Rapid City it is $574/mo.