Rapid City vs Tyler
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Tyler 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 | Tyler | Difference |
|---|---|---|---|
| Studio | $574 | $504 | $70 |
| 1 Bedroom | $702 | $624 | $78 |
| 2 Bedrooms | $835 | $757 | $78 |
| 3 Bedrooms | $1,106 | $960 | $146 |
| 4 Bedrooms | $1,277 | $1,128 | $149 |
| Median Income | $44,904 | $46,988 | $2,084 |
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
Tyler
- Studio
- $504/mo
- 1 BR
- $624/mo
- 2 BR
- $757/mo
- 3 BR
- $960/mo
- 4 BR
- $1,128/mo
- Median Income
- $46,988/yr
Frequently Asked Questions
Is Rapid City or Tyler cheaper to rent in?
Tyler 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 Tyler?
The HUD Fair Market Rent for a 2-bedroom in Rapid City is $835/month. In Tyler, a 2-bedroom FMR is $757/month.
How do incomes compare between Rapid City and Tyler?
The median household income in Rapid City is $44,904/year. In Tyler it is $46,988/year. Tyler has the higher median income.
What is the studio rent in Rapid City vs Tyler?
A studio apartment Fair Market Rent in Rapid City is $574/mo. In Tyler it is $504/mo.