Honolulu vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 132% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,937/mo in Honolulu — saving $13,224/year.
Rent by Unit Size
| Unit Size | Honolulu | Rapid City | Difference |
|---|---|---|---|
| Studio | $1,256 | $574 | $682 |
| 1 Bedroom | $1,543 | $702 | $841 |
| 2 Bedrooms | $1,937 | $835 | $1,102 |
| 3 Bedrooms | $2,397 | $1,106 | $1,291 |
| 4 Bedrooms | $2,745 | $1,277 | $1,468 |
| Median Income | $116,677 | $44,904 | $71,773 |
Honolulu
- Studio
- $1,256/mo
- 1 BR
- $1,543/mo
- 2 BR
- $1,937/mo
- 3 BR
- $2,397/mo
- 4 BR
- $2,745/mo
- Median Income
- $116,677/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 Honolulu or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,937/mo in Honolulu. That's $1,102/mo or $13,224/year more expensive in Honolulu (132% higher).
What is the 2-bedroom rent in Honolulu vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Honolulu is $1,937/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Honolulu and Rapid City?
The median household income in Honolulu is $116,677/year. In Rapid City it is $44,904/year. Honolulu has the higher median income.
What is the studio rent in Honolulu vs Rapid City?
A studio apartment Fair Market Rent in Honolulu is $1,256/mo. In Rapid City it is $574/mo.