Fresno 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 $1,083/mo in Fresno — saving $2,976/year.
Rent by Unit Size
| Unit Size | Fresno | Rapid City | Difference |
|---|---|---|---|
| Studio | $732 | $574 | $158 |
| 1 Bedroom | $890 | $702 | $188 |
| 2 Bedrooms | $1,083 | $835 | $248 |
| 3 Bedrooms | $1,294 | $1,106 | $188 |
| 4 Bedrooms | $1,619 | $1,277 | $342 |
| Median Income | $61,735 | $44,904 | $16,831 |
Fresno
- Studio
- $732/mo
- 1 BR
- $890/mo
- 2 BR
- $1,083/mo
- 3 BR
- $1,294/mo
- 4 BR
- $1,619/mo
- Median Income
- $61,735/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 Fresno or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,083/mo in Fresno. That's $248/mo or $2,976/year more expensive in Fresno (30% higher).
What is the 2-bedroom rent in Fresno vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Fresno is $1,083/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Fresno and Rapid City?
The median household income in Fresno is $61,735/year. In Rapid City it is $44,904/year. Fresno has the higher median income.
What is the studio rent in Fresno vs Rapid City?
A studio apartment Fair Market Rent in Fresno is $732/mo. In Rapid City it is $574/mo.