Rapid City vs Tampa-St. Petersburg-Clearwater
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rapid City is 46% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater — saving $4,596/year.
Rent by Unit Size
| Unit Size | Rapid City | Tampa-St. Petersburg-Clearwater | Difference |
|---|---|---|---|
| Studio | $574 | $817 | $243 |
| 1 Bedroom | $702 | $967 | $265 |
| 2 Bedrooms | $835 | $1,218 | $383 |
| 3 Bedrooms | $1,106 | $1,527 | $421 |
| 4 Bedrooms | $1,277 | $1,752 | $475 |
| Median Income | $44,904 | $69,520 | $24,616 |
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
Tampa-St. Petersburg-Clearwater
- Studio
- $817/mo
- 1 BR
- $967/mo
- 2 BR
- $1,218/mo
- 3 BR
- $1,527/mo
- 4 BR
- $1,752/mo
- Median Income
- $69,520/yr
Frequently Asked Questions
Is Rapid City or Tampa-St. Petersburg-Clearwater cheaper to rent in?
Rapid City is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater. That's $383/mo or $4,596/year more expensive in Tampa-St. Petersburg-Clearwater (46% higher).
What is the 2-bedroom rent in Rapid City vs Tampa-St. Petersburg-Clearwater?
The HUD Fair Market Rent for a 2-bedroom in Rapid City is $835/month. In Tampa-St. Petersburg-Clearwater, a 2-bedroom FMR is $1,218/month.
How do incomes compare between Rapid City and Tampa-St. Petersburg-Clearwater?
The median household income in Rapid City is $44,904/year. In Tampa-St. Petersburg-Clearwater it is $69,520/year. Tampa-St. Petersburg-Clearwater has the higher median income.
What is the studio rent in Rapid City vs Tampa-St. Petersburg-Clearwater?
A studio apartment Fair Market Rent in Rapid City is $574/mo. In Tampa-St. Petersburg-Clearwater it is $817/mo.