Property Prices in Rapid City, SD, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.38 |
| Mortgage as Percentage of Income: | 30.10% |
| Loan Affordability Index: | 3.32 |
| Price to Rent Ratio - City Centre: | 12.61 |
| Price to Rent Ratio - Outside of Centre: | 11.18 |
| Gross Rental Yield (City Centre): | 7.93% |
| Gross Rental Yield (Outside of Centre): | 8.94% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 987.50 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,148.50 $ | |
| Apartment (3 bedrooms) in City Centre | 1,575.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,700.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 239.50 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 239.50 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,818.60 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.46 |
These data are based on 50 entries in the past 18 months from 15 different contributors.
Last update: December 2024
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