FairRentWize

Provo-Orem vs Rapid City

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Rapid City is 35% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,125/mo in Provo-Orem — saving $3,480/year.

Rent by Unit Size

Unit SizeProvo-OremRapid CityDifference
Studio$707$574$133
1 Bedroom$881$702$179
2 Bedrooms$1,125$835$290
3 Bedrooms$1,330$1,106$224
4 Bedrooms$1,544$1,277$267
Median Income$72,225$44,904$27,321

Provo-Orem

Studio
$707/mo
1 BR
$881/mo
2 BR
$1,125/mo
3 BR
$1,330/mo
4 BR
$1,544/mo
Median Income
$72,225/yr
Full Provo-Orem profile →

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
Full Rapid City profile →

Frequently Asked Questions

Is Provo-Orem or Rapid City cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,125/mo in Provo-Orem. That's $290/mo or $3,480/year more expensive in Provo-Orem (35% higher).
What is the 2-bedroom rent in Provo-Orem vs Rapid City?
The HUD Fair Market Rent for a 2-bedroom in Provo-Orem is $1,125/month. In Rapid City, a 2-bedroom FMR is $835/month.
How do incomes compare between Provo-Orem and Rapid City?
The median household income in Provo-Orem is $72,225/year. In Rapid City it is $44,904/year. Provo-Orem has the higher median income.
What is the studio rent in Provo-Orem vs Rapid City?
A studio apartment Fair Market Rent in Provo-Orem is $707/mo. In Rapid City it is $574/mo.