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Rapid City, SD Townhomes for Rent

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  • /50

    Starting at $982 Per Month

    • Studio - 3 Beds

    5053 Shelby Ave, Rapid City, SD 57701

    Welcome to Sedona Flats—where modern living meets nature-inspired Southwest design. From the community room to your own home, you'll see a fresh, contemporary take on desert-inspired style. Our studio to three-bedroom apartments offer open floor plans, large windows for plenty of natural light, and stylish, modern finishes to match your lifestyle.Enjoy exceptional community amenities, including

    Sedona Flats

    5053 Shelby Ave, Rapid City, SD 57701
  • /20

    Starting at $1,254 Per Month

    • 2 - 3 Beds

    3335 Palm Dr, Rapid City, SD 57701

    Vista Pointe Townhouse Apartments features spacious floor plans that are conveniently located. Open floor plans with a pass-through from the kitchen into the dining area, neutral colors, laundry hookups (or we will provide you with a washer & dryer for $100 per month) Garages available for $65.00 per month. Application Fee: $50.00.

    Vista Pointe Apartments

    3335 Palm Dr, Rapid City, SD 57701
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    $1,800 Per Month

    • 2 Beds
    • 2 Baths
    • 1,083 Sq Ft
    • Townhouse for Rent

    3945 Fairway Hills Dr, Rapid City, SD 57702

    Welcome to 3946 Fairway Hills Drive, a meticulously renovated 2-bedroom, 2-bathroom condo nestled on the southwest side of Rapid City. Boasting a prime location near schools, this residence offers convenience and comfort in equal measure.Step inside to discover a tastefully updated interior featuring brand-new appliances and an in-unit washer and dryer, ensuring modern convenience at

    3945 Fairway Hills Dr, Rapid City, SD 57702
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    $900 Per Month

    • 2 Beds
    • 1 Bath
    • 510 Sq Ft
    • Townhouse for Rent

    24 E Signal Dr, Rapid City, SD 57701

    Introducing 24 E SIGNAL DR, a newly remodeled duplex located in the heart of Rapid City, SD. This charming home features 2 bedrooms and 1 bathroom, perfect for those seeking a cozy living space. The central location provides easy access to all that Rapid City has to offer, while the large yard and fenced yard offer plenty of outdoor space for relaxation and entertainment. With a garage included,

    24 E Signal Dr, Rapid City, SD 57701
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    $1,595 Per Month

    • 2 Beds
    • 1 Bath
    • Townhouse for Rent

    2735 Jenny Gulch, Rapid City, SD 57702

    Kahler Property Management invites you to take a look at this adorable, spacious 2 bed, 1 bath apartment located at 2735 Jenny Gulch on the west side of Rapid City! This unit offers roughly 850 square feet of living space, private entry, single-level living, dishwasher, microwave, washer and dryer! All of our properties are SMOKE FREE!This home is dog negotiable with a $300 pet

    2735 Jenny Gulch, Rapid City, SD 57702
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    $1,800 Per Month

    • 1 Bed
    • 1 Bath
    • Townhouse for Rent

    13646 Twisted Pnes Trail, Rapid City, SD 57702

    Fully furnished. One bedroom, one bathroom apartment over garage. Garage space included. Pool and hot tub access included. Short commute to Rapid City. All utilities, with high speed internet, included. Stunning views of the Black Hills. Apartment above garage of attached home.

    13646 Twisted Pnes Trail, Rapid City, SD 57702
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    $1,700 Per Month

    • 2 Beds
    • 2 Baths
    • Townhouse for Rent

    2634 Hennessy Dr, Rapid City, SD 57701

    BRAND VIEW CONSTRUCTION Two bedroom, two bath, one car. Single level living. Southeast Rapid City.

    2634 Hennessy Dr, Rapid City, SD 57701
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    $900 Per Month

    • 2 Beds
    • 1 Bath
    • 510 Sq Ft
    • Townhouse for Rent

    4 E Signal Dr, Rapid City, SD 57701

    Adorable two bedroom, one bath apartment. Centrally located in Rapid City. Close to School of Mines Campus, Hospital and within walking distance to downtown where you will find a wide range of shopping,restaurants and nightlife, parks, hiking. Tenant is responsible for the utilities which is electric and gas. Pets are Welcome some fees and restrictions may apply.

    4 E Signal Dr, Rapid City, SD 57701

Frequently Asked Questions

How much does it cost to rent a townhouse in Rapid City, SD?
The median rent for a townhouse in Rapid City, SD is $995 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Rapid City, SD?
To comfortably afford the median rent in Rapid City, SD, a household needs to earn roughly $39,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $995 per month in Rapid City, SD, renters typically need to show $2,985 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Rapid City, SD?
In Rapid City, SD, the price-to-rent ratio is 31.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
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