Rapid City vs Rochester
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 8% cheaper for renters. A 2-bedroom rents for $835/mo vs $903/mo in Rochester — saving $816/year.
Rent by Unit Size
| Unit Size | Rapid City | Rochester | Difference |
|---|---|---|---|
| Studio | $574 | $594 | $20 |
| 1 Bedroom | $702 | $739 | $37 |
| 2 Bedrooms | $835 | $903 | $68 |
| 3 Bedrooms | $1,106 | $1,112 | $6 |
| 4 Bedrooms | $1,277 | $1,294 | $17 |
| Median Income | $44,904 | $52,618 | $7,714 |
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
Rochester
- Studio
- $594/mo
- 1 BR
- $739/mo
- 2 BR
- $903/mo
- 3 BR
- $1,112/mo
- 4 BR
- $1,294/mo
- Median Income
- $52,618/yr
Frequently Asked Questions
Is Rapid City or Rochester cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $903/mo in Rochester. That's $68/mo or $816/year more expensive in Rochester (8% higher).
What is the 2-bedroom rent in Rapid City vs Rochester?
The HUD Fair Market Rent for a 2-bedroom in Rapid City is $835/month. In Rochester, a 2-bedroom FMR is $903/month.
How do incomes compare between Rapid City and Rochester?
The median household income in Rapid City is $44,904/year. In Rochester it is $52,618/year. Rochester has the higher median income.
What is the studio rent in Rapid City vs Rochester?
A studio apartment Fair Market Rent in Rapid City is $574/mo. In Rochester it is $594/mo.