Louisville-Jefferson County vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Louisville-Jefferson County 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 | Louisville-Jefferson County | Rapid City | Difference |
|---|---|---|---|
| Studio | $555 | $574 | $19 |
| 1 Bedroom | $707 | $702 | $5 |
| 2 Bedrooms | $835 | $835 | $0 |
| 3 Bedrooms | $1,082 | $1,106 | $24 |
| 4 Bedrooms | $1,307 | $1,277 | $30 |
| Median Income | $52,763 | $44,904 | $7,859 |
Louisville-Jefferson County
- Studio
- $555/mo
- 1 BR
- $707/mo
- 2 BR
- $835/mo
- 3 BR
- $1,082/mo
- 4 BR
- $1,307/mo
- Median Income
- $52,763/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 Louisville-Jefferson County or Rapid City cheaper to rent in?
Louisville-Jefferson County 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 Louisville-Jefferson County vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Louisville-Jefferson County is $835/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Louisville-Jefferson County and Rapid City?
The median household income in Louisville-Jefferson County is $52,763/year. In Rapid City it is $44,904/year. Louisville-Jefferson County has the higher median income.
What is the studio rent in Louisville-Jefferson County vs Rapid City?
A studio apartment Fair Market Rent in Louisville-Jefferson County is $555/mo. In Rapid City it is $574/mo.