Rapid City Investment Analysis
Investment Property in Rapid City, SD
Rapid City, SD Real Estate Investment Performance
$344,794
Median
1,747
Avg/Sq.ft.
2.00%
Traditional
2.00%
Airbnb
712
Investment
584
Airbnb
15
Traditional
27%
Airbnb occupancy rate
Redfin Housing market insights powered by Redfin
299
Number of homes sold
69
Median days on market
98%
Average sale-to-list price ratio
22%
Percentage of listings with price drops
712
Active listings count
407
New listings count
4.1
Months of supply
Rapid City, SD Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Rapid City, SD
$185,000
MLS 88743
Single Family Residential
CAP RATE
Trad.
10.98%
Airbnb
9.85%
$150,996
MLS 11803762
Manufactured Home
CAP RATE
Trad.
11.22%
Airbnb
9.59%
$240,000
MLS 88420
Manufactured Home
CAP RATE
Trad.
6.13%
Airbnb
7.50%
$259,900
MLS 89544
Single Family Residential
CAP RATE
Trad.
7.43%
Airbnb
6.88%
$261,500
MLS 87926
Other
CAP RATE
Trad.
5.75%
Airbnb
6.73%
$259,900
MLS 87916
Single Family Residential
CAP RATE
Trad.
3.81%
Airbnb
6.46%
$261,500
MLS 178142
Single Family Residential
CAP RATE
Trad.
5.01%
Airbnb
6.27%
$285,000
MLS 88236
Other
CAP RATE
Trad.
4.98%
Airbnb
5.98%
Single Family Houses for Sale in Rapid City, SD
$185,000
MLS 88743
Single Family Residential
CAP RATE
Trad.
10.98%
Airbnb
9.85%
$259,900
MLS 89544
Single Family Residential
CAP RATE
Trad.
7.43%
Airbnb
6.88%
$259,900
MLS 87916
Single Family Residential
CAP RATE
Trad.
3.81%
Airbnb
6.46%
$261,500
MLS 178142
Single Family Residential
CAP RATE
Trad.
5.01%
Airbnb
6.27%
$320,000
MLS 88931
Single Family Residential
CAP RATE
Trad.
6.74%
Airbnb
5.49%
$230,000
MLS 88726
Single Family Residential
CAP RATE
Trad.
4.15%
Airbnb
5.37%
$335,000
MLS 89290
Single Family Residential
CAP RATE
Trad.
5.88%
Airbnb
5.22%
$335,000
MLS 89534
Single Family Residential
CAP RATE
Trad.
3.29%
Airbnb
4.82%
Condos for Sale in Rapid City, SD
$129,900
MLS 86668
Condo/Coop
CAP RATE
Trad.
10.31%
Airbnb
5.66%
$209,000
MLS 89017
Condo/Coop
CAP RATE
Trad.
5.59%
Airbnb
2.64%
$275,000
MLS 88224
Condo/Coop
CAP RATE
Trad.
3.69%
Airbnb
1.76%
$319,000
MLS 89540
Condo/Coop
CAP RATE
Trad.
3.28%
Airbnb
1.13%
Townhouses for Sale in Rapid City, SD
$349,000
MLS 88774
Townhouse
CAP RATE
Trad.
4.67%
Airbnb
2.75%
$519,900
MLS 87295
Townhouse
CAP RATE
Trad.
3.64%
Airbnb
2.64%
$499,000
MLS 88005
Townhouse
CAP RATE
Trad.
3.05%
Airbnb
1.50%
$595,000
MLS 89318
Townhouse
CAP RATE
Trad.
1.78%
Airbnb
1.13%
Top Rapid City, SD Neighborhoods - Real Estate Market Analysis
Rapid City
$339,500
Median for city
2.72%
Traditional
5.52%
Airbnb
$ 1,231
Traditional
$ 2,398
Airbnb
45%
Airbnb occupancy rate
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Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Rapid City, SD
$178 per night
Airbnb occupancy rate 53%
Guesthouse 2 · 1 · 6
Rental Income: $2,878 per month
743
$109 per night
Airbnb occupancy rate 49%
Apartment 2 · 2 · 6
Rental Income: $1,617 per month
633
$156 per night
Airbnb occupancy rate 65%
Entire cabin 2 · 1 · 6
Rental Income: $3,094 per month
628
$158 per night
Airbnb occupancy rate 39%
House 2 · 1 · 4
Rental Income: $1,870 per month
597
$110 per night
Airbnb occupancy rate 42%
Guest suite 1 · 1 · 2
Rental Income: $1,412 per month
538
$112 per night
Airbnb occupancy rate 38%
Apartment 1 · 1 · 3
Rental Income: $1,297 per month
525
$81 per night
Airbnb occupancy rate 28%
Apartment 1 · 1 · 3
Rental Income: $689 per month
423
$86 per night
Airbnb occupancy rate 34%
Apartment 1 · 1 · 3
Rental Income: $882 per month
402
Real Estate Investment Analysis - Other Cities in south dakota
| City Name | Property price | Cash on cash return | Rental Income | No. of Properties | Airbnb Occupancy Rate | ||
|---|---|---|---|---|---|---|---|
| Median | traditional | Airbnb | traditional | Airbnb | |||
| Custer | $325,000 | 2% | 1% | $1,847 | $2,738 | 165 | 27% |
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