Helena vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 3% cheaper for renters. A 2-bedroom rents for $835/mo vs $857/mo in Helena — saving $264/year.
Rent by Unit Size
| Unit Size | Helena | Rapid City | Difference |
|---|---|---|---|
| Studio | $577 | $574 | $3 |
| 1 Bedroom | $711 | $702 | $9 |
| 2 Bedrooms | $857 | $835 | $22 |
| 3 Bedrooms | $1,057 | $1,106 | $49 |
| 4 Bedrooms | $1,186 | $1,277 | $91 |
| Median Income | $47,790 | $44,904 | $2,886 |
Helena
- Studio
- $577/mo
- 1 BR
- $711/mo
- 2 BR
- $857/mo
- 3 BR
- $1,057/mo
- 4 BR
- $1,186/mo
- Median Income
- $47,790/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 Helena or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $857/mo in Helena. That's $22/mo or $264/year more expensive in Helena (3% higher).
What is the 2-bedroom rent in Helena vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Helena is $857/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Helena and Rapid City?
The median household income in Helena is $47,790/year. In Rapid City it is $44,904/year. Helena has the higher median income.
What is the studio rent in Helena vs Rapid City?
A studio apartment Fair Market Rent in Helena is $577/mo. In Rapid City it is $574/mo.