Rapid City, SD Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Rapid City, SD. Based on 30+ datapoints.
Rapid City, SD Mid-Term Rental Investment Snapshot
Based on 30+ mid-term rental datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-6.8%
Median Cashflow
-$494/mo
Avg Rent Estimate
$3,093/mo
Avg Price
$440,811
Price Range
$245,000 - $875,000
Rent to Price
0.7%
low ratio
Positive Cashflow
20%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Rapid City, SD
Rapid City, SD is a premium mid-term rental market where property values complement furnished rental income. Cap rates average 4.8%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.
Across 30+ analyzed properties, Rapid City, SD mid-term rental investments show a median monthly cashflow of -$494 with average furnished rent estimates of $3,093/month. These figures reflect real property data, not projections.
6242 Greenfield Dr, Rapid City, SD 57703
Price
$638,500
Rent
$4,102
CachFlow
-$1,360
CoC
-10.73
Rapid City, SD Mid-Term Rental Market Insights
- •Median cashflow is -$494/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 20% positive cashflow rate, Rapid City, SD requires selective property picks
- •Premium market with properties from $245,000 to $875,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs