Rapid City, SD Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Rapid City, SD. Based on 15+ datapoints.
Rapid City, SD Short-Term Rental / Airbnb Investment Snapshot
Based on 15+ short-term rental / airbnb datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-7.3%
Median Cashflow
-$440/mo
Avg Rent Estimate
$3,986/mo
Avg Price
$465,994
Price Range
$275,300 - $859,000
Rent to Price
0.86%
okay ratio
Positive Cashflow
17%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Rapid City, SD
Rapid City, SD is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 4.8%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 15+ analyzed properties, Rapid City, SD STR investments show a median monthly cashflow of -$440 with an average estimated nightly-rate-adjusted revenue of $3,986/month. These figures reflect real property data, not projections.
Rapid City, SD Airbnb Market Insights
- •Median cashflow is -$440/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 17% positive cashflow rate, Rapid City, SD requires selective property picks
- •Premium market with properties from $275,300 to $859,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs