Property Prices in Rapid City, SD, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.33 |
| Mortgage as Percentage of Income: | 29.65% |
| Loan Affordability Index: | 3.37 |
| Price to Rent Ratio - City Centre: | 12.43 |
| Price to Rent Ratio - Outside of Centre: | 11.02 |
| Gross Rental Yield (City Centre): | 8.05% |
| Gross Rental Yield (Outside of Centre): | 9.08% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 987.5 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,148.5 $ | |
| Apartment (3 bedrooms) in City Centre | 1,575.0 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,700.0 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 235.97 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 235.97 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,818.6 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.46 |
These data are based on 48 entries in the past 18 months from 15 different contributors.
Last update: October 2024
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