$179,000
$6K PRICE DROP
- 2 Beds
- 2 Baths
- 1,080 Sq Ft
4616 Chalkstone Dr, Rapid City, SD 57701
Henry Ulrich
Ascend Realty
6
Rapid City, SD Condos for Sale
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4616 Chalkstone Dr, Rapid City, SD 57701
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$289,900
$15K PRICE DROP- 2 Beds
- 2 Baths
- 1,114 Sq Ft
3600 Sheridan Lake Rd, Rapid City, SD 57702
3600 Sheridan Lake Rd, Rapid City, SD 57702TJ Wojtanowicz Black Hills SD Realty
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$189,900
$1K PRICE INCREASE- 2 Beds
- 2 Baths
- 1,014 Sq Ft
4616 Chalkstone Dr, Rapid City, SD 57701
4616 Chalkstone Dr, Rapid City, SD 57701 -
$257,500
$28K PRICE DROP- 2 Beds
- 2 Baths
- 1,083 Sq Ft
3952 Fairway Hills Dr, Rapid City, SD 57702
3952 Fairway Hills Dr, Rapid City, SD 57702Lori Barnett Engel & Völkers Black Hills Spearfish
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$315,000
- 2 Beds
- 2 Baths
- 1,114 Sq Ft
3600 Sheridan Lake Rd, Rapid City, SD 57702
3600 Sheridan Lake Rd, Rapid City, SD 57702JEREMY KAHLER Keller Williams Realty Black Hills SP
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$319,000
- 2 Beds
- 2 Baths
- 1,114 Sq Ft
3600 Sheridan Lake Rd, Rapid City, SD 57702
3600 Sheridan Lake Rd, Rapid City, SD 57702Heidi Keough Keller Williams Realty Black Hills RC
Why Live in Rapid City
Rapid City combines outdoor adventure with cultural attractions at the gateway to Mount Rushmore and the Black Hills. Downtown's unique City of Presidents Walking Tour features life-size bronze presidential statues, while Main Street Square hosts year-round events from summer concerts to winter ice skating. Art Alley showcases local creativity through ever-changing street murals. Families enjoy Storybook Island's seasonal themed park and Bear Country USA's drive-through wildlife experiences. The dining scene includes Dakotah Steakhouse serving regional specialties like elk and buffalo, while Firehouse Brewing Co operates from a historic 1915 firehouse. Kathmandu Bistro brings international flavors to an 1886 downtown building.
The housing market presents diverse options across distinct neighborhoods. Colonial Pine Hills commands the highest median single family home prices at $503,000, while North Rapid City offers more affordable options with a median of $250,000. The citywide median sale price stands at $360,500, with median townhome prices at $385,000. One-bedroom condos start at a median of $211,300, increasing to $290,300 for two bedrooms.
Living costs run 5.2% below the national average. A family with school-age children needs approximately $100,000 annually to live comfortably, while renters should aim for $55,000. Property taxes in Pennington County sit at 1.13%, higher than nearby Spearfish at 0.86%. South Dakota charges no state income tax and maintains a 4.2% state sales tax.
The public school system includes Stevens High School and Southwest Middle School, both rated B Plus by Niche. The private Rapid City Catholic School System, rated A Minus, serves multiple neighborhoods. South Dakota School of Mines and Technology provides higher education opportunities. The Rapid Transit System operates fixed bus routes Monday through Saturday, though most residents rely on personal vehicles.
Condo Prices in Rapid City, SD vs. Nearby Neighborhoods
| Rapid City, SD | Colonial Pine Hills | |
|---|---|---|
| Condo Median Price |
$350,950
|
$615,000
|
| 1-Bed Condo Median Price |
$222,050
|
$261,900
|
| 2-Bed Condo Median Price |
$293,800
|
$315,000
|
| 3-Bed Condo Median Price |
$495,450
|
$636,250
|
Popular Home Searches in Rapid City, SD
Homebuyers in Rapid City are drawn to homes with land, western-style features, and easy access to the Black Hills.
- Need room to roam? Explore homes with acreage or properties on a corner lot outside the city center.
- Prefer traditional design? Browse ranch-style homes or craftsman style homes in areas like Chapel Valley.
- Want scenic views? Look for homes offering mountain views or outdoor decks to enjoy the landscape.
- Working from home? Consider listings with a home office or additional flex space.
- Like newer construction? Check out new construction developments near Sheridan Lake Road or Elk Vale Road.
Condos for Sale in Nearby Neighborhoods
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