Lincoln vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lincoln is 0% cheaper for renters. A 2-bedroom rents for $835/mo vs $835/mo in Rapid City — saving $0/year.
Rent by Unit Size
| Unit Size | Lincoln | Rapid City | Difference |
|---|---|---|---|
| Studio | $561 | $574 | $13 |
| 1 Bedroom | $685 | $702 | $17 |
| 2 Bedrooms | $835 | $835 | $0 |
| 3 Bedrooms | $1,007 | $1,106 | $99 |
| 4 Bedrooms | $1,216 | $1,277 | $61 |
| Median Income | $40,210 | $44,904 | $4,694 |
Lincoln
- Studio
- $561/mo
- 1 BR
- $685/mo
- 2 BR
- $835/mo
- 3 BR
- $1,007/mo
- 4 BR
- $1,216/mo
- Median Income
- $40,210/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 Lincoln or Rapid City cheaper to rent in?
Lincoln is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $835/mo in Rapid City. That's $0/mo or $0/year more expensive in Rapid City (0% higher).
What is the 2-bedroom rent in Lincoln vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Lincoln is $835/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Lincoln and Rapid City?
The median household income in Lincoln is $40,210/year. In Rapid City it is $44,904/year. Rapid City has the higher median income.
What is the studio rent in Lincoln vs Rapid City?
A studio apartment Fair Market Rent in Lincoln is $561/mo. In Rapid City it is $574/mo.