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
4.5%
Avg Cash on Cash
-8.3%
Median Cashflow
-$712/mo
Avg Rent Estimate
$3,065/mo
Avg Price
$452,150
Price Range
$270,300 - $657,800
Rent to Price
0.68%
low ratio
Positive Cashflow
10%
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 30+ analyzed properties, Rapid City, SD mid-term rental investments show a median monthly cashflow of -$712 with average furnished rent estimates of $3,065/month. These figures reflect real property data, not projections.
4201 Wonderland Dr, Rapid City, SD 57702
Price
$574,900
Rent
$3,039
CachFlow
-$1,743
CoC
-15.08
Rapid City, SD Mid-Term Rental Market Insights
- •Median cashflow is -$712/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 10% positive cashflow rate, Rapid City, SD requires selective property picks
- •Mid-to-upper tier market with properties from $270,300 to $657,800
- •Consider this market if your strategy favors equity growth with rental income covering holding costs