Columbus vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 14% cheaper for renters. A 2-bedroom rents for $835/mo vs $951/mo in Columbus — saving $1,392/year.
Rent by Unit Size
| Unit Size | Columbus | Rapid City | Difference |
|---|---|---|---|
| Studio | $608 | $574 | $34 |
| 1 Bedroom | $764 | $702 | $62 |
| 2 Bedrooms | $951 | $835 | $116 |
| 3 Bedrooms | $1,108 | $1,106 | $2 |
| 4 Bedrooms | $1,375 | $1,277 | $98 |
| Median Income | $63,239 | $44,904 | $18,335 |
Columbus
- Studio
- $608/mo
- 1 BR
- $764/mo
- 2 BR
- $951/mo
- 3 BR
- $1,108/mo
- 4 BR
- $1,375/mo
- Median Income
- $63,239/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 Columbus or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $951/mo in Columbus. That's $116/mo or $1,392/year more expensive in Columbus (14% higher).
What is the 2-bedroom rent in Columbus vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Columbus is $951/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Columbus and Rapid City?
The median household income in Columbus is $63,239/year. In Rapid City it is $44,904/year. Columbus has the higher median income.
What is the studio rent in Columbus vs Rapid City?
A studio apartment Fair Market Rent in Columbus is $608/mo. In Rapid City it is $574/mo.