Greenville-Anderson vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 4% cheaper for renters. A 2-bedroom rents for $835/mo vs $872/mo in Greenville-Anderson — saving $444/year.
Rent by Unit Size
| Unit Size | Greenville-Anderson | Rapid City | Difference |
|---|---|---|---|
| Studio | $604 | $574 | $30 |
| 1 Bedroom | $722 | $702 | $20 |
| 2 Bedrooms | $872 | $835 | $37 |
| 3 Bedrooms | $1,079 | $1,106 | $27 |
| 4 Bedrooms | $1,276 | $1,277 | $1 |
| Median Income | $58,633 | $44,904 | $13,729 |
Greenville-Anderson
- Studio
- $604/mo
- 1 BR
- $722/mo
- 2 BR
- $872/mo
- 3 BR
- $1,079/mo
- 4 BR
- $1,276/mo
- Median Income
- $58,633/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 Greenville-Anderson or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $872/mo in Greenville-Anderson. That's $37/mo or $444/year more expensive in Greenville-Anderson (4% higher).
What is the 2-bedroom rent in Greenville-Anderson vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Greenville-Anderson is $872/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Greenville-Anderson and Rapid City?
The median household income in Greenville-Anderson is $58,633/year. In Rapid City it is $44,904/year. Greenville-Anderson has the higher median income.
What is the studio rent in Greenville-Anderson vs Rapid City?
A studio apartment Fair Market Rent in Greenville-Anderson is $604/mo. In Rapid City it is $574/mo.