Jackson vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Jackson is 21% cheaper for renters. A 2-bedroom rents for $689/mo vs $835/mo in Rapid City — saving $1,752/year.
Rent by Unit Size
| Unit Size | Jackson | Rapid City | Difference |
|---|---|---|---|
| Studio | $447 | $574 | $127 |
| 1 Bedroom | $567 | $702 | $135 |
| 2 Bedrooms | $689 | $835 | $146 |
| 3 Bedrooms | $897 | $1,106 | $209 |
| 4 Bedrooms | $1,019 | $1,277 | $258 |
| Median Income | $45,630 | $44,904 | $726 |
Jackson
- Studio
- $447/mo
- 1 BR
- $567/mo
- 2 BR
- $689/mo
- 3 BR
- $897/mo
- 4 BR
- $1,019/mo
- Median Income
- $45,630/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 Jackson or Rapid City cheaper to rent in?
Jackson is cheaper — a 2-bedroom Fair Market Rent is $689/mo vs $835/mo in Rapid City. That's $146/mo or $1,752/year more expensive in Rapid City (21% higher).
What is the 2-bedroom rent in Jackson vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Jackson is $689/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Jackson and Rapid City?
The median household income in Jackson is $45,630/year. In Rapid City it is $44,904/year. Jackson has the higher median income.
What is the studio rent in Jackson vs Rapid City?
A studio apartment Fair Market Rent in Jackson is $447/mo. In Rapid City it is $574/mo.