Ocala vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 2% cheaper for renters. A 2-bedroom rents for $835/mo vs $850/mo in Ocala — saving $180/year.
Rent by Unit Size
| Unit Size | Ocala | Rapid City | Difference |
|---|---|---|---|
| Studio | $584 | $574 | $10 |
| 1 Bedroom | $712 | $702 | $10 |
| 2 Bedrooms | $850 | $835 | $15 |
| 3 Bedrooms | $1,069 | $1,106 | $37 |
| 4 Bedrooms | $1,312 | $1,277 | $35 |
| Median Income | $54,036 | $44,904 | $9,132 |
Ocala
- Studio
- $584/mo
- 1 BR
- $712/mo
- 2 BR
- $850/mo
- 3 BR
- $1,069/mo
- 4 BR
- $1,312/mo
- Median Income
- $54,036/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 Ocala or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $850/mo in Ocala. That's $15/mo or $180/year more expensive in Ocala (2% higher).
What is the 2-bedroom rent in Ocala vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Ocala is $850/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Ocala and Rapid City?
The median household income in Ocala is $54,036/year. In Rapid City it is $44,904/year. Ocala has the higher median income.
What is the studio rent in Ocala vs Rapid City?
A studio apartment Fair Market Rent in Ocala is $584/mo. In Rapid City it is $574/mo.