Chattanooga vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chattanooga is 2% cheaper for renters. A 2-bedroom rents for $820/mo vs $835/mo in Rapid City — saving $180/year.
Rent by Unit Size
| Unit Size | Chattanooga | Rapid City | Difference |
|---|---|---|---|
| Studio | $557 | $574 | $17 |
| 1 Bedroom | $669 | $702 | $33 |
| 2 Bedrooms | $820 | $835 | $15 |
| 3 Bedrooms | $1,035 | $1,106 | $71 |
| 4 Bedrooms | $1,226 | $1,277 | $51 |
| Median Income | $44,498 | $44,904 | $406 |
Chattanooga
- Studio
- $557/mo
- 1 BR
- $669/mo
- 2 BR
- $820/mo
- 3 BR
- $1,035/mo
- 4 BR
- $1,226/mo
- Median Income
- $44,498/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 Chattanooga or Rapid City cheaper to rent in?
Chattanooga is cheaper — a 2-bedroom Fair Market Rent is $820/mo vs $835/mo in Rapid City. That's $15/mo or $180/year more expensive in Rapid City (2% higher).
What is the 2-bedroom rent in Chattanooga vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Chattanooga is $820/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Chattanooga and Rapid City?
The median household income in Chattanooga is $44,498/year. In Rapid City it is $44,904/year. Rapid City has the higher median income.
What is the studio rent in Chattanooga vs Rapid City?
A studio apartment Fair Market Rent in Chattanooga is $557/mo. In Rapid City it is $574/mo.