New Haven-Milford vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 42% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,189/mo in New Haven-Milford — saving $4,248/year.
Rent by Unit Size
| Unit Size | New Haven-Milford | Rapid City | Difference |
|---|---|---|---|
| Studio | $808 | $574 | $234 |
| 1 Bedroom | $974 | $702 | $272 |
| 2 Bedrooms | $1,189 | $835 | $354 |
| 3 Bedrooms | $1,507 | $1,106 | $401 |
| 4 Bedrooms | $1,637 | $1,277 | $360 |
| Median Income | $68,368 | $44,904 | $23,464 |
New Haven-Milford
- Studio
- $808/mo
- 1 BR
- $974/mo
- 2 BR
- $1,189/mo
- 3 BR
- $1,507/mo
- 4 BR
- $1,637/mo
- Median Income
- $68,368/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 New Haven-Milford or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,189/mo in New Haven-Milford. That's $354/mo or $4,248/year more expensive in New Haven-Milford (42% higher).
What is the 2-bedroom rent in New Haven-Milford vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in New Haven-Milford is $1,189/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between New Haven-Milford and Rapid City?
The median household income in New Haven-Milford is $68,368/year. In Rapid City it is $44,904/year. New Haven-Milford has the higher median income.
What is the studio rent in New Haven-Milford vs Rapid City?
A studio apartment Fair Market Rent in New Haven-Milford is $808/mo. In Rapid City it is $574/mo.