Oklahoma City vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Oklahoma City is 4% cheaper for renters. A 2-bedroom rents for $805/mo vs $835/mo in Rapid City — saving $360/year.
Rent by Unit Size
| Unit Size | Oklahoma City | Rapid City | Difference |
|---|---|---|---|
| Studio | $543 | $574 | $31 |
| 1 Bedroom | $673 | $702 | $29 |
| 2 Bedrooms | $805 | $835 | $30 |
| 3 Bedrooms | $1,023 | $1,106 | $83 |
| 4 Bedrooms | $1,127 | $1,277 | $150 |
| Median Income | $52,559 | $44,904 | $7,655 |
Oklahoma City
- Studio
- $543/mo
- 1 BR
- $673/mo
- 2 BR
- $805/mo
- 3 BR
- $1,023/mo
- 4 BR
- $1,127/mo
- Median Income
- $52,559/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 Oklahoma City or Rapid City cheaper to rent in?
Oklahoma City is cheaper — a 2-bedroom Fair Market Rent is $805/mo vs $835/mo in Rapid City. That's $30/mo or $360/year more expensive in Rapid City (4% higher).
What is the 2-bedroom rent in Oklahoma City vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Oklahoma City is $805/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Oklahoma City and Rapid City?
The median household income in Oklahoma City is $52,559/year. In Rapid City it is $44,904/year. Oklahoma City has the higher median income.
What is the studio rent in Oklahoma City vs Rapid City?
A studio apartment Fair Market Rent in Oklahoma City is $543/mo. In Rapid City it is $574/mo.