2025 FMR And Section 8 Rents For Rapid City SD

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of rapid-city, SD.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
59521$790$886$1163$1592$1781
59466$790$886$1163$1592$1781
59482$788$886$1163$1592$1781
59480$840$940$1240$1700$1900
59477$820$920$1200$1640$1900
59467$788$886$1163$1592$1781
59479$930$1040$1370$1870$2100
59501$790$886$1163$1592$1890
59489$790$886$1163$1592$1820
59471$960$1080$1420$1910$2380
59522$788$886$1163$1592$1781
59486$788$886$1163$1592$1781
59487$790$886$1163$1592$1781
59524$790$886$1163$1592$1781
59485$790$886$1163$1592$1781
59484$788$886$1163$1592$1781
59474$820$920$1200$1610$2040
59483$800$900$1180$1610$1810
59469$990$1110$1460$2000$2240
59523$790$886$1163$1592$1920
59468$830$930$1220$1670$1870
59520$788$886$1163$1592$1781
59472$790$886$1163$1592$1781

Zip Code:

59521

Studio Rent:

$790

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

Zip Code:

59466

Studio Rent:

$790

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

Zip Code:

59482

Studio Rent:

$788

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

Zip Code:

59480

Studio Rent:

$840

1 Bedroom Rent:

$940

2 Bedroom Rent:

$1240

3 Bedroom Rent:

$1700

4 Bedroom Rent:

$1900

Zip Code:

59477

Studio Rent:

$820

1 Bedroom Rent:

$920

2 Bedroom Rent:

$1200

3 Bedroom Rent:

$1640

4 Bedroom Rent:

$1900

Zip Code:

59467

Studio Rent:

$788

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

Zip Code:

59479

Studio Rent:

$930

1 Bedroom Rent:

$1040

2 Bedroom Rent:

$1370

3 Bedroom Rent:

$1870

4 Bedroom Rent:

$2100

Zip Code:

59501

Studio Rent:

$790

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1890

Zip Code:

59489

Studio Rent:

$790

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1820

Zip Code:

59471

Studio Rent:

$960

1 Bedroom Rent:

$1080

2 Bedroom Rent:

$1420

3 Bedroom Rent:

$1910

4 Bedroom Rent:

$2380

Zip Code:

59522

Studio Rent:

$788

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

Zip Code:

59486

Studio Rent:

$788

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

Zip Code:

59487

Studio Rent:

$790

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

Zip Code:

59524

Studio Rent:

$790

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

Zip Code:

59485

Studio Rent:

$790

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

Zip Code:

59484

Studio Rent:

$788

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

Zip Code:

59474

Studio Rent:

$820

1 Bedroom Rent:

$920

2 Bedroom Rent:

$1200

3 Bedroom Rent:

$1610

4 Bedroom Rent:

$2040

Zip Code:

59483

Studio Rent:

$800

1 Bedroom Rent:

$900

2 Bedroom Rent:

$1180

3 Bedroom Rent:

$1610

4 Bedroom Rent:

$1810

Zip Code:

59469

Studio Rent:

$990

1 Bedroom Rent:

$1110

2 Bedroom Rent:

$1460

3 Bedroom Rent:

$2000

4 Bedroom Rent:

$2240

Zip Code:

59523

Studio Rent:

$790

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1920

Zip Code:

59468

Studio Rent:

$830

1 Bedroom Rent:

$930

2 Bedroom Rent:

$1220

3 Bedroom Rent:

$1670

4 Bedroom Rent:

$1870

Zip Code:

59520

Studio Rent:

$788

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

Zip Code:

59472

Studio Rent:

$790

1 Bedroom Rent:

$886

2 Bedroom Rent:

$1163

3 Bedroom Rent:

$1592

4 Bedroom Rent:

$1781

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Frequently Asked Section 8 Investing Questions