Rapid City vs Shreveport-Bossier City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Shreveport-Bossier City is 10% cheaper for renters. A 2-bedroom rents for $757/mo vs $835/mo in Rapid City — saving $936/year.
Rent by Unit Size
| Unit Size | Rapid City | Shreveport-Bossier City | Difference |
|---|---|---|---|
| Studio | $574 | $521 | $53 |
| 1 Bedroom | $702 | $623 | $79 |
| 2 Bedrooms | $835 | $757 | $78 |
| 3 Bedrooms | $1,106 | $977 | $129 |
| 4 Bedrooms | $1,277 | $1,029 | $248 |
| Median Income | $44,904 | $42,460 | $2,444 |
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
Shreveport-Bossier City
- Studio
- $521/mo
- 1 BR
- $623/mo
- 2 BR
- $757/mo
- 3 BR
- $977/mo
- 4 BR
- $1,029/mo
- Median Income
- $42,460/yr
Frequently Asked Questions
Is Rapid City or Shreveport-Bossier City cheaper to rent in?
Shreveport-Bossier City is cheaper — a 2-bedroom Fair Market Rent is $757/mo vs $835/mo in Rapid City. That's $78/mo or $936/year more expensive in Rapid City (10% higher).
What is the 2-bedroom rent in Rapid City vs Shreveport-Bossier City?
The HUD Fair Market Rent for a 2-bedroom in Rapid City is $835/month. In Shreveport-Bossier City, a 2-bedroom FMR is $757/month.
How do incomes compare between Rapid City and Shreveport-Bossier City?
The median household income in Rapid City is $44,904/year. In Shreveport-Bossier City it is $42,460/year. Rapid City has the higher median income.
What is the studio rent in Rapid City vs Shreveport-Bossier City?
A studio apartment Fair Market Rent in Rapid City is $574/mo. In Shreveport-Bossier City it is $521/mo.