Portland-South Portland vs Rapid City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 37% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,145/mo in Portland-South Portland — saving $3,720/year.
Rent by Unit Size
| Unit Size | Portland-South Portland | Rapid City | Difference |
|---|---|---|---|
| Studio | $765 | $574 | $191 |
| 1 Bedroom | $906 | $702 | $204 |
| 2 Bedrooms | $1,145 | $835 | $310 |
| 3 Bedrooms | $1,402 | $1,106 | $296 |
| 4 Bedrooms | $1,638 | $1,277 | $361 |
| Median Income | $58,824 | $44,904 | $13,920 |
Portland-South Portland
- Studio
- $765/mo
- 1 BR
- $906/mo
- 2 BR
- $1,145/mo
- 3 BR
- $1,402/mo
- 4 BR
- $1,638/mo
- Median Income
- $58,824/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 Portland-South Portland or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,145/mo in Portland-South Portland. That's $310/mo or $3,720/year more expensive in Portland-South Portland (37% higher).
What is the 2-bedroom rent in Portland-South Portland vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Portland-South Portland is $1,145/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Portland-South Portland and Rapid City?
The median household income in Portland-South Portland is $58,824/year. In Rapid City it is $44,904/year. Portland-South Portland has the higher median income.
What is the studio rent in Portland-South Portland vs Rapid City?
A studio apartment Fair Market Rent in Portland-South Portland is $765/mo. In Rapid City it is $574/mo.