Fayetteville vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fayetteville is 9% cheaper for renters. A 2-bedroom rents for $763/mo vs $835/mo in Rapid City — saving $864/year.
Rent by Unit Size
| Unit Size | Fayetteville | Rapid City | Difference |
|---|---|---|---|
| Studio | $541 | $574 | $33 |
| 1 Bedroom | $639 | $702 | $63 |
| 2 Bedrooms | $763 | $835 | $72 |
| 3 Bedrooms | $1,019 | $1,106 | $87 |
| 4 Bedrooms | $1,164 | $1,277 | $113 |
| Median Income | $49,948 | $44,904 | $5,044 |
Fayetteville
- Studio
- $541/mo
- 1 BR
- $639/mo
- 2 BR
- $763/mo
- 3 BR
- $1,019/mo
- 4 BR
- $1,164/mo
- Median Income
- $49,948/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 Fayetteville or Rapid City cheaper to rent in?
Fayetteville is cheaper — a 2-bedroom Fair Market Rent is $763/mo vs $835/mo in Rapid City. That's $72/mo or $864/year more expensive in Rapid City (9% higher).
What is the 2-bedroom rent in Fayetteville vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Fayetteville is $763/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Fayetteville and Rapid City?
The median household income in Fayetteville is $49,948/year. In Rapid City it is $44,904/year. Fayetteville has the higher median income.
What is the studio rent in Fayetteville vs Rapid City?
A studio apartment Fair Market Rent in Fayetteville is $541/mo. In Rapid City it is $574/mo.