Charlottesville vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 29% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,075/mo in Charlottesville — saving $2,880/year.
Rent by Unit Size
| Unit Size | Charlottesville | Rapid City | Difference |
|---|---|---|---|
| Studio | $700 | $574 | $126 |
| 1 Bedroom | $878 | $702 | $176 |
| 2 Bedrooms | $1,075 | $835 | $240 |
| 3 Bedrooms | $1,404 | $1,106 | $298 |
| 4 Bedrooms | $1,498 | $1,277 | $221 |
| Median Income | $70,871 | $44,904 | $25,967 |
Charlottesville
- Studio
- $700/mo
- 1 BR
- $878/mo
- 2 BR
- $1,075/mo
- 3 BR
- $1,404/mo
- 4 BR
- $1,498/mo
- Median Income
- $70,871/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 Charlottesville or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,075/mo in Charlottesville. That's $240/mo or $2,880/year more expensive in Charlottesville (29% higher).
What is the 2-bedroom rent in Charlottesville vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Charlottesville is $1,075/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Charlottesville and Rapid City?
The median household income in Charlottesville is $70,871/year. In Rapid City it is $44,904/year. Charlottesville has the higher median income.
What is the studio rent in Charlottesville vs Rapid City?
A studio apartment Fair Market Rent in Charlottesville is $700/mo. In Rapid City it is $574/mo.