Durham-Chapel Hill vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 31% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,098/mo in Durham-Chapel Hill — saving $3,156/year.
Rent by Unit Size
| Unit Size | Durham-Chapel Hill | Rapid City | Difference |
|---|---|---|---|
| Studio | $730 | $574 | $156 |
| 1 Bedroom | $882 | $702 | $180 |
| 2 Bedrooms | $1,098 | $835 | $263 |
| 3 Bedrooms | $1,391 | $1,106 | $285 |
| 4 Bedrooms | $1,605 | $1,277 | $328 |
| Median Income | $69,791 | $44,904 | $24,887 |
Durham-Chapel Hill
- Studio
- $730/mo
- 1 BR
- $882/mo
- 2 BR
- $1,098/mo
- 3 BR
- $1,391/mo
- 4 BR
- $1,605/mo
- Median Income
- $69,791/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 Durham-Chapel Hill or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,098/mo in Durham-Chapel Hill. That's $263/mo or $3,156/year more expensive in Durham-Chapel Hill (31% higher).
What is the 2-bedroom rent in Durham-Chapel Hill vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Durham-Chapel Hill is $1,098/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Durham-Chapel Hill and Rapid City?
The median household income in Durham-Chapel Hill is $69,791/year. In Rapid City it is $44,904/year. Durham-Chapel Hill has the higher median income.
What is the studio rent in Durham-Chapel Hill vs Rapid City?
A studio apartment Fair Market Rent in Durham-Chapel Hill is $730/mo. In Rapid City it is $574/mo.