Rapid City vs Tulsa
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Tulsa is 1% cheaper for renters. A 2-bedroom rents for $823/mo vs $835/mo in Rapid City — saving $144/year.
Rent by Unit Size
| Unit Size | Rapid City | Tulsa | Difference |
|---|---|---|---|
| Studio | $574 | $520 | $54 |
| 1 Bedroom | $702 | $651 | $51 |
| 2 Bedrooms | $835 | $823 | $12 |
| 3 Bedrooms | $1,106 | $1,025 | $81 |
| 4 Bedrooms | $1,277 | $1,085 | $192 |
| Median Income | $44,904 | $54,331 | $9,427 |
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
Tulsa
- Studio
- $520/mo
- 1 BR
- $651/mo
- 2 BR
- $823/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,085/mo
- Median Income
- $54,331/yr
Frequently Asked Questions
Is Rapid City or Tulsa cheaper to rent in?
Tulsa is cheaper — a 2-bedroom Fair Market Rent is $823/mo vs $835/mo in Rapid City. That's $12/mo or $144/year more expensive in Rapid City (1% higher).
What is the 2-bedroom rent in Rapid City vs Tulsa?
The HUD Fair Market Rent for a 2-bedroom in Rapid City is $835/month. In Tulsa, a 2-bedroom FMR is $823/month.
How do incomes compare between Rapid City and Tulsa?
The median household income in Rapid City is $44,904/year. In Tulsa it is $54,331/year. Tulsa has the higher median income.
What is the studio rent in Rapid City vs Tulsa?
A studio apartment Fair Market Rent in Rapid City is $574/mo. In Tulsa it is $520/mo.