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
4.9%
Avg Cash on Cash
-6.8%
Median Cashflow
-$365/mo
Avg Rent Estimate
$4,122/mo
Avg Price
$474,560
Price Range
$275,300 - $859,000
Rent to Price
0.87%
okay ratio
Positive Cashflow
20%
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 4.9%, 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 -$365 with an average estimated nightly-rate-adjusted revenue of $4,122/month. These figures reflect real property data, not projections.
10255 Echo Valley Ct, Rapid City, SD 57702
Price
$1,734,500
Rent
$3,380
CachFlow
-$8,403
CoC
-25.97
Rapid City, SD Airbnb Market Insights
- •Median cashflow is -$365/month — careful deal selection is essential here
- •4.9% 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 $275,300 to $859,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs