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 20+ datapoints.
Rapid City, SD Mid-Term Rental Investment Snapshot
Based on 20+ mid-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-8.2%
Median Cashflow
-$758/mo
Avg Rent Estimate
$3,005/mo
Avg Price
$441,261
Price Range
$219,000 - $759,900
Rent to Price
0.68%
low ratio
Positive Cashflow
15%
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 4.5%, typical of mid-to-upper tier markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.
Across 20+ analyzed properties, Rapid City, SD mid-term rental investments show a median monthly cashflow of -$758 with average furnished rent estimates of $3,005/month. These figures reflect real property data, not projections.
Rapid City, SD Mid-Term Rental Market Insights
- •Median cashflow is -$758/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 15% positive cashflow rate, Rapid City, SD requires selective property picks
- •Mid-to-upper tier market with properties from $219,000 to $759,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs