Rapid City vs Tallahassee
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 18% cheaper for renters. A 2-bedroom rents for $835/mo vs $989/mo in Tallahassee — saving $1,848/year.
Rent by Unit Size
| Unit Size | Rapid City | Tallahassee | Difference |
|---|---|---|---|
| Studio | $574 | $625 | $51 |
| 1 Bedroom | $702 | $784 | $82 |
| 2 Bedrooms | $835 | $989 | $154 |
| 3 Bedrooms | $1,106 | $1,193 | $87 |
| 4 Bedrooms | $1,277 | $1,420 | $143 |
| Median Income | $44,904 | $57,994 | $13,090 |
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
Tallahassee
- Studio
- $625/mo
- 1 BR
- $784/mo
- 2 BR
- $989/mo
- 3 BR
- $1,193/mo
- 4 BR
- $1,420/mo
- Median Income
- $57,994/yr
Frequently Asked Questions
Is Rapid City or Tallahassee cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $989/mo in Tallahassee. That's $154/mo or $1,848/year more expensive in Tallahassee (18% higher).
What is the 2-bedroom rent in Rapid City vs Tallahassee?
The HUD Fair Market Rent for a 2-bedroom in Rapid City is $835/month. In Tallahassee, a 2-bedroom FMR is $989/month.
How do incomes compare between Rapid City and Tallahassee?
The median household income in Rapid City is $44,904/year. In Tallahassee it is $57,994/year. Tallahassee has the higher median income.
What is the studio rent in Rapid City vs Tallahassee?
A studio apartment Fair Market Rent in Rapid City is $574/mo. In Tallahassee it is $625/mo.