Eugene-Springfield vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 30% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,086/mo in Eugene-Springfield — saving $3,012/year.
Rent by Unit Size
| Unit Size | Eugene-Springfield | Rapid City | Difference |
|---|---|---|---|
| Studio | $766 | $574 | $192 |
| 1 Bedroom | $910 | $702 | $208 |
| 2 Bedrooms | $1,086 | $835 | $251 |
| 3 Bedrooms | $1,381 | $1,106 | $275 |
| 4 Bedrooms | $1,623 | $1,277 | $346 |
| Median Income | $70,814 | $44,904 | $25,910 |
Eugene-Springfield
- Studio
- $766/mo
- 1 BR
- $910/mo
- 2 BR
- $1,086/mo
- 3 BR
- $1,381/mo
- 4 BR
- $1,623/mo
- Median Income
- $70,814/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 Eugene-Springfield or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,086/mo in Eugene-Springfield. That's $251/mo or $3,012/year more expensive in Eugene-Springfield (30% higher).
What is the 2-bedroom rent in Eugene-Springfield vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Eugene-Springfield is $1,086/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Eugene-Springfield and Rapid City?
The median household income in Eugene-Springfield is $70,814/year. In Rapid City it is $44,904/year. Eugene-Springfield has the higher median income.
What is the studio rent in Eugene-Springfield vs Rapid City?
A studio apartment Fair Market Rent in Eugene-Springfield is $766/mo. In Rapid City it is $574/mo.