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Rapid City, SD Housing

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As of 2010-2014, median price of a house in Rapid City is $153,900, which is higher than the state average of $135,700 and is lower than the national average of $175,700. The Rapid City median house value has grown by 71.57% since 2000. The growth rate for the price of a house in Rapid City is about the same as the state average rate of 70.48% and is higher than the national average rate of 46.91%. The median year that a house in Rapid City was built is 1975, which is about the same as the median year for a house built in the state which is 1974 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 16,602 Owner Occupied Houses in Rapid City, SD, #24

Rapid City, SD	153,900 USD
South Dakota	135,700 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #144

Rapid City, SD	71.57%
South Dakota	70.48%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Rapid City, SD	South Dakota	U.S.
Total Housing Units	30,508, see rank, 100%	369,186	132,741,033
Occupied Housing Units	28,244, 92.58%, see rank	88.60%	87.55%
Owner Occupied	16,602, 54.42%, see rank	60.29%	56.34%
Renter Occupied	11,642, 38.16%, see rank	28.31%	31.21%
Vacant Housing Units	2,264, 7.42%, see rank	11.40%	12.45%
For Rent	616, 2.02%, see rank	1.80%	2.34%
For Sale Only	217, 0.71%, see rank	1.07%	1.20%
Rented or Sold, Not Occupied	314, 1.03%, see rank	0.77%	0.92%
For Seasonal, Recreational, or Occasional Use	511, 1.67%, see rank	4.05%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	606, 1.99%, see rank	3.68%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #77

Rapid City, SD	South Dakota	U.S.
1975	1974	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Rapid City, SD	%	South Dakota	U.S.
Owner-Occupied Units	16,602	100%	222,589	74,787,460
With a Mortgage	10,980	66.14%, see rank	57.61%	65.58%
Without a Mortgage	5,622	33.86%, see rank	42.39%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Rapid City, SD	1,284 USD
South Dakota	1,210 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Rapid City, SD	%	South Dakota	U.S.
$299 or Less	0	0.00%, see rank	0.27%	0.20%
$300 to $499	156	1.42%, see rank	2.43%	1.59%
$500 to $699	628	5.72%, see rank	7.81%	5.01%
$700 to $999	1,856	16.90%, see rank	21.16%	14.32%
$1,000 to $1,499	4,681	42.63%, see rank	38.32%	27.90%
$1,500 to $1,999	2,192	19.96%, see rank	17.68%	20.35%
$2,000 to $2,999	1,217	11.08%, see rank	9.65%	19.52%
$3,000 or More	250	2.28%, see rank	2.68%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Rapid City, SD	22.70% of the Total Income
South Dakota	21.00% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Rapid City, SD	%	South Dakota	U.S.
10% or Less	617	5.62%, see rank	6.97%	5.86%
10% to 20%	3,703	33.72%, see rank	38.97%	31.95%
20% to 30%	3,385	30.83%, see rank	30.25%	27.64%
30% to 40%	1,578	14.37%, see rank	11.46%	13.74%
40% or More	1,626	14.81%, see rank	11.99%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Rapid City, SD	456 USD
South Dakota	425 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Rapid City, SD	%	South Dakota	U.S.
$199 or Less	397	7.06%, see rank	7.35%	7.76%
$200 to $299	419	7.45%, see rank	14.74%	14.70%
$300 to $499	2,550	45.36%, see rank	44.42%	34.63%
$500 to $699	1,600	28.46%, see rank	22.08%	21.16%
$700 or More	656	11.67%, see rank	11.41%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Rapid City, SD	12.40% of the Total Income
South Dakota	10.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Rapid City, SD	%	South Dakota	U.S.
10% or Less	2,211	39.33%, see rank	45.92%	40.19%
10% to 20%	2,055	36.55%, see rank	31.03%	31.47%
20% to 30%	660	11.74%, see rank	10.85%	12.24%
30% to 40%	300	5.34%, see rank	4.45%	5.64%
40% or More	323	5.75%, see rank	6.86%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Rapid City, SD	South Dakota	U.S.
Total Housing Units	30,508, 100%	369,186	132,741,033
1-unit, Detached	18,047, 59.15%, see rank	69.03%	61.65%
1-unit, Attached	1,468, 4.81%, see rank	3.29%	5.82%
2 Units	1,172, 3.84%, see rank	1.76%	3.75%
3 or 4 Units	1,699, 5.57%, see rank	3.42%	4.43%
5 to 9 Units	1,057, 3.46%, see rank	3.76%	4.78%
10 or More Units	5,016, 16.44%, see rank	9.87%	13.08%
Mobile Home, Boat, RV, Van, etc.	2,049, 6.72%, see rank	8.86%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Rapid City, SD	South Dakota	U.S.
Total Housing Units	30,508, 100%	369,186	132,741,033
1 Room	591, 1.94%, see rank	1.34%	1.95%
2 Rooms	1,027, 3.37%, see rank	2.62%	2.48%
3 Rooms	3,229, 10.58%, see rank	8.18%	9.13%
4 Rooms	6,081, 19.93%, see rank	16.39%	16.60%
5 Rooms	5,092, 16.69%, see rank	17.57%	20.41%
6 Rooms	4,230, 13.87%, see rank	14.84%	18.06%
7 Rooms	3,531, 11.57%, see rank	12.44%	12.27%
8 Rooms	2,717, 8.91%, see rank	10.74%	8.48%
9 Rooms or More	4,010, 13.14%, see rank	15.89%	10.60%
Median Rooms	5.30, see rank	5.80	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Rapid City, SD	South Dakota	U.S.
Total Housing Units	30,508, 100%	369,186	132,741,033
No Bedroom	702, 2.30%, see rank	1.49%	2.17%
1 Bedroom	3,330, 10.92%, see rank	9.70%	11.16%
2 Bedrooms	10,097, 33.10%, see rank	28.08%	26.69%
3 Bedrooms	9,700, 31.79%, see rank	34.09%	39.70%
4 Bedrooms	5,243, 17.19%, see rank	19.37%	16.05%
5 or More Bedrooms	1,436, 4.71%, see rank	7.26%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Rapid City, SD	South Dakota	U.S.
Total Housing Units	28,244, 100%	327,101	116,211,092
Utility Gas	19,396, 68.67%, see rank	48.20%	48.85%
Bottled, Tank, or LP Gas	613, 2.17%, see rank	16.53%	4.86%
Electricity	7,616, 26.97%, see rank	28.34%	36.68%
Fuel Oil, Kerosene, etc.	90, 0.32%, see rank	2.70%	5.86%
Coal or Coke	0, 0.00%, see rank	0.08%	0.12%
Wood	171, 0.61%, see rank	1.94%	2.12%
Solar Energy	0, 0.00%, see rank	0.05%	0.05%
Other Fuel	229, 0.81%, see rank	1.52%	0.47%
No Fuel Used	129, 0.46%, see rank	0.63%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Rapid City, SD	South Dakota	U.S.
Occupied Units Paying Rent	11,166, 100%	95,597	39,201,928
$199 or Less	282, 2.53%, see rank	3.76%	1.50%
$200 to $299	477, 4.27%, see rank	5.89%	3.18%
$300 to $499	1,336, 11.96%, see rank	19.38%	7.37%
$500 to $699	2,360, 21.14%, see rank	28.86%	16.01%
$700 to $999	3,787, 33.92%, see rank	27.81%	29.17%
$1,000 to $1,499	2,490, 22.30%, see rank	11.89%	26.88%
$1,500 to $1,999	330, 2.96%, see rank	1.55%	9.79%
$2,000 or More	104, 0.93%, see rank	0.86%	6.10%
Median	$779, see rank	$648	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Rapid City, SD	South Dakota	U.S.
Occupied Housing Units	28,244, 100%	327,101	116,211,092
No Vehicles Available	1,800, 6.37%, see rank	5.30%	9.12%
1 Vehicles Available	9,790, 34.66%, see rank	28.60%	33.80%
2 Vehicles Available	10,194, 36.09%, see rank	37.24%	37.48%
3 or More Vehicles Available	6,460, 22.87%, see rank	28.87%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.