RAPID CITY Investment Analysis
Investment Property in RAPID CITY, SD
RAPID CITY, SD Real Estate Investment Performance
$334,827
Median
1,784
Avg/Sq.ft.
2.00%
Traditional
2.00%
Airbnb
670
Investment
392
Airbnb
15
Traditional
25%
Airbnb occupancy rate
Redfin Housing market insights powered by Redfin
253
Number of homes sold
80
Median days on market
98%
Average sale-to-list price ratio
21%
Percentage of listings with price drops
670
Active listings count
365
New listings count
4.7
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
$195,000
MLS 88743
Single Family Residential
CAP RATE
Trad.
10.37%
Airbnb
7.52%
$199,999
MLS 88158
Manufactured Home
CAP RATE
Trad.
6.86%
Airbnb
6.24%
$240,000
MLS 88420
Manufactured Home
CAP RATE
Trad.
6.13%
Airbnb
6.05%
$263,000
MLS 87926
Other
CAP RATE
Trad.
5.71%
Airbnb
5.37%
$129,900
MLS 86668
Condo/Coop
CAP RATE
Trad.
10.31%
Airbnb
5.45%
$259,900
MLS 87916
Single Family Residential
CAP RATE
Trad.
3.81%
Airbnb
5.12%
$263,000
MLS 178142
Single Family Residential
CAP RATE
Trad.
4.97%
Airbnb
4.90%
$285,000
MLS 88236
Other
CAP RATE
Trad.
4.98%
Airbnb
4.77%
Single Family Houses for Sale in RAPID CITY, SD
$195,000
MLS 88743
Single Family Residential
CAP RATE
Trad.
10.37%
Airbnb
7.52%
$259,900
MLS 87916
Single Family Residential
CAP RATE
Trad.
3.81%
Airbnb
5.12%
$263,000
MLS 178142
Single Family Residential
CAP RATE
Trad.
4.97%
Airbnb
4.90%
$230,000
MLS 88726
Single Family Residential
CAP RATE
Trad.
4.15%
Airbnb
4.65%
$320,000
MLS 88931
Single Family Residential
CAP RATE
Trad.
6.74%
Airbnb
4.40%
$385,000
MLS 88069
Single Family Residential
CAP RATE
Trad.
5.55%
Airbnb
4.38%
$345,000
MLS 89022
Single Family Residential
CAP RATE
Trad.
5.20%
Airbnb
4.18%
$309,900
MLS 88323
Single Family Residential
CAP RATE
Trad.
5.43%
Airbnb
4.13%
Condos for Sale in RAPID CITY, SD
$129,900
MLS 86668
Condo/Coop
CAP RATE
Trad.
10.31%
Airbnb
5.45%
$209,000
MLS 89017
Condo/Coop
CAP RATE
Trad.
5.59%
Airbnb
2.51%
$275,000
MLS 88224
Condo/Coop
CAP RATE
Trad.
3.69%
Airbnb
1.66%
$310,000
MLS 88882
Condo/Coop
CAP RATE
Trad.
3.41%
Airbnb
1.11%
Townhouses for Sale in RAPID CITY, SD
$519,900
MLS 87295
Townhouse
CAP RATE
Trad.
3.64%
Airbnb
2.33%
$349,000
MLS 88774
Townhouse
CAP RATE
Trad.
4.67%
Airbnb
2.28%
$499,000
MLS 88005
Townhouse
CAP RATE
Trad.
3.05%
Airbnb
1.17%
$395,000
MLS 89196
Townhouse
CAP RATE
Trad.
2.70%
Airbnb
0.66%
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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
$112 per night
Airbnb occupancy rate 51%
Entire guesthouse 2 · 1 · 6
Rental Income: $1,727 per month
724
$115 per night
Airbnb occupancy rate 48%
Apartment 2 · 2 · 6
Rental Income: $1,687 per month
610
$184 per night
Airbnb occupancy rate 39%
House 2 · 1 · 4
Rental Income: $2,193 per month
580
$118 per night
Airbnb occupancy rate 42%
Apartment 1 · 1 · 3
Rental Income: $1,505 per month
513
$83 per night
Airbnb occupancy rate 28%
Apartment 1 · 1 · 3
Rental Income: $712 per month
407
$75 per night
Airbnb occupancy rate 34%
Apartment 1 · 1 · 3
Rental Income: $775 per month
378
$149 per night
Airbnb occupancy rate 41%
House 2 · 1 · 4
Rental Income: $1,875 per month
377
$100 per night
Airbnb occupancy rate 37%
Apartment 1 · 1 · 2
Rental Income: $1,125 per month
373
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 | |||
| Sturgis | $249,500 | 3% | 2% | $1,282 | $1,371 | 159 | 17% |
| Rapid City | $384,500 | 2% | 2% | $1,783 | $2,127 | 149 | 25% |
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