Often referred to as the "Gateway to the Black Hills" thanks to its proximity to famous landmarks like Mount Rushmore National Memorial and Badlands National Park, Rapid City draws millions of visitors each year, which helps the local economy thrive while also creating opportunities for short-term rental properties.
Nestled near the Black Hills, Rapid City features a unique blend of natural beauty and economic growth, making it an ideal place for real estate investors who are looking for long-term opportunities. Top employers here span various industries. The healthcare sector is a major player, with Monument Health being one of the largest employers. Ellsworth Air Force Base also contributes significantly to the local economy, providing jobs in defense and aerospace.
Neighborhoods like Countryside and Ridge View offer excellent opportunities for real estate prospects. These areas are known for their family-oriented environments, great schools, and strong community values. Rapid City offers a strong footing for real estate investment with its growing economy, vibrant tourism industry, and desirable neighborhoods.
Popular Streets in Rapid City, South Dakota
Chicago St25432$259,1052,989 Sq.Ft.4/19/2024Fairway Hills Dr22222$282,1711,274 Sq.Ft.5/15/2024Highway 4454232$313,6363,827 Sq.Ft.5/7/2024Main St41032$511,3073,555 Sq.Ft.4/15/2024Philadelphia St23832$272,2872,783 Sq.Ft.6/13/2024Saint Andrew St21332$279,8261,365 Sq.Ft.4/22/2024Saint Francis St20331$269,6111,255 Sq.Ft.5/15/2024Saint Patrick St55531$201,1173,460 Sq.Ft.4/3/2024Sheridan Lake Rd31432$421,2341,776 Sq.Ft.5/22/2024Spruce St36832$176,8644,886 Sq.Ft.10/17/2023All Streets in Rapid City, South Dakota
Paddock Ct732$381,8571,131 Sq.Ft.12/30/2019Padre Dr3232$576,7501,821 Sq.Ft.9/15/2023Pahasapa Rd3431$229,441896 Sq.Ft.N/APahlmeyer Dr1943$531,5791,381 Sq.Ft.4/2/2021Palamino Ln1232$292,7504,279 Sq.Ft.11/20/2023Palm Dr1N/AN/AN/A4,674 Sq.Ft.N/APalmer Ct542$586,6001,658 Sq.Ft.9/27/2023Palmer Dr2243$573,2731,612 Sq.Ft.6/12/2023Palmer Ln1N/AN/A$770,0002,240 Sq.Ft.N/APalmer Rd2032$493,4711,942 Sq.Ft.9/11/2023Palo Verde Dr1432$479,4291,592 Sq.Ft.3/3/2022Panorama Cir2743$672,0742,081 Sq.Ft.6/29/2023Panther Ln342$776,0002,104 Sq.Ft.4/15/2024Papillon Dr643$390,3331,484 Sq.Ft.N/AParadise Ln43N/A$589,2501,848 Sq.Ft.N/APark Dr10832$443,9901,327 Sq.Ft.5/13/2024Park Hill Ct632$407,6671,425 Sq.Ft.9/25/2023Park Hill Dr3032$367,1001,198 Sq.Ft.4/18/2024Parkridge Cir442$443,7501,366 Sq.Ft.5/4/2020Parkridge Dr4143$505,4881,808 Sq.Ft.10/15/2023Parkridge Pl1043$890,1002,629 Sq.Ft.8/28/2023Parkview Dr11732$361,2921,351 Sq.Ft.5/16/2024Parkwood Rd2222$319,136852 Sq.Ft.4/24/2024Par Pl156$1,767,0004,822 Sq.Ft.N/APathfinder Pl343$747,3331,680 Sq.Ft.5/29/2018Pat Pl532$350,0003,493 Sq.Ft.10/25/2020Patricia St5332$356,0001,191 Sq.Ft.4/17/2024Patriot Ln1932$301,316917 Sq.Ft.3/5/2024Patterson Dr742$355,0001,202 Sq.Ft.1/11/2024Patton St3331$224,879930 Sq.Ft.12/26/2023Payton Ct732$329,1431,159 Sq.Ft.3/27/2013Peaceful Pines Rd134N/A$648,5001,718 Sq.Ft.3/15/2022Peace Path242$500,5001,618 Sq.Ft.11/3/2021Peanut Ln532$245,6001,770 Sq.Ft.N/APearl Harbor St731$231,000989 Sq.Ft.2/15/2024Pebble Beach Ct1122$403,2731,449 Sq.Ft.7/8/2022Pebble Ln343$951,6671,835 Sq.Ft.7/18/2017Pecan Ln931$262,1111,920 Sq.Ft.9/27/2021Pelham Ct232$395,0001,372 Sq.Ft.N/APendar Ln443$717,0002,423 Sq.Ft.2/27/2024Pendleton Dr4N/AN/A$243,0005,292 Sq.Ft.N/APennington St5332$317,4151,005 Sq.Ft.2/23/2024Penny Ln2843$724,3701,785 Sq.Ft.8/18/2023Penrose Pl2343$898,0002,902 Sq.Ft.7/18/2023Peregrine Point Pl1N/AN/A$559,000N/AN/APeregrine Pt166$1,060,0002,077 Sq.Ft.N/APeridot Ln543$822,2002,065 Sq.Ft.N/APerry Pl544$1,740,2503,359 Sq.Ft.5/29/2020Pete Ln443$434,0001,347 Sq.Ft.N/APeterson Rd2232$707,0631,560 Sq.Ft.10/9/2020Petros Dr1022$330,5002,392 Sq.Ft.N/APevans Pkwy2154$986,3852,778 Sq.Ft.9/30/2022Philadelphia St23832$272,2872,783 Sq.Ft.6/13/2024Phil Ct1332$306,4621,138 Sq.Ft.3/7/2023Philip Dr932$367,0001,632 Sq.Ft.2/11/2019Pierre Ln543$551,4001,488 Sq.Ft.4/22/2022Pierre St4532$356,0451,233 Sq.Ft.5/21/2024Pikes Peak Ct744$359,3332,132 Sq.Ft.N/APine Cliff Cir2132$286,9002,758 Sq.Ft.10/13/2023Pine Cliff Dr832$455,1431,292 Sq.Ft.3/6/2023Pine Cone Ave632$906,8331,820 Sq.Ft.1/4/2022Pine Cone Ln832$387,7501,525 Sq.Ft.6/25/2021Pinecrest Dr1043$510,8891,856 Sq.Ft.8/29/2023Pinedale Cir1333$621,7692,144 Sq.Ft.2/1/2023Pinedale Ct643$660,3332,197 Sq.Ft.3/8/2022Pinedale Dr1532$419,9331,390 Sq.Ft.4/19/2021Pinedale Heights Dr2943$685,1432,559 Sq.Ft.11/10/2023Pinedale Ridge Rd842$411,2862,021 Sq.Ft.12/14/2017Pine Dr1032$663,6251,248 Sq.Ft.10/19/2023Pine Grove Rd4332$904,5672,175 Sq.Ft.8/14/2020Pine Haven Dr1943$946,8753,067 Sq.Ft.6/13/2022Pine Heights Dr432$268,7501,492 Sq.Ft.N/APine Hills Dr2632$317,2501,520 Sq.Ft.9/14/2020Pinehurst Cir1N/AN/A$233,000N/AN/APinehurst Ct1132$374,6361,732 Sq.Ft.4/28/2021Pinehurst Dr832$409,6251,409 Sq.Ft.6/15/2023Pine Knoll Pl433$509,5001,791 Sq.Ft.10/17/2022Pine Meadows Ct1032$469,4001,405 Sq.Ft.5/17/2021Pines Dr4N/AN/A$268,000N/A4/6/2020Pine St932$234,5006,468 Sq.Ft.10/17/2023Pine Tree Dr2032$639,7501,677 Sq.Ft.7/12/2023Pine Valley Rd631$707,0002,936 Sq.Ft.1/30/2023Pine View Dr343$635,6671,922 Sq.Ft.12/26/2023Pinewood Ct444$797,7503,689 Sq.Ft.2/26/2020Pinewood Dr1942$472,4211,379 Sq.Ft.6/30/2023Ping Dr4032$483,8501,937 Sq.Ft.2/19/2024Pinnacle Ct4432$361,3102,191 Sq.Ft.N/APinon Jay Cir2843$532,4291,497 Sq.Ft.3/25/2024Pinon Pl432$369,000956 Sq.Ft.5/27/2021Pioneer Ave4632$539,0221,471 Sq.Ft.5/13/2024Pioneer Cir2332$755,6251,864 Sq.Ft.10/2/2020Pioneer Dr4732$285,9522,112 Sq.Ft.5/1/2024Pioneer Ridge Rd1243$1,037,6672,233 Sq.Ft.7/14/2022Pioneer Trl113N/A$458,8331,792 Sq.Ft.9/14/2010Pitch Ct1732$290,059967 Sq.Ft.12/15/2021Pitch Dr3432$371,9121,144 Sq.Ft.11/2/2022Placer Pl1263$1,148,3002,407 Sq.Ft.9/14/2022Placer Place Ct643$1,227,0002,272 Sq.Ft.3/5/2024Placer Rd422$433,0001,313 Sq.Ft.N/APlains Vista Ct232$708,0002,602 Sq.Ft.N/A21865 Running Deer TrlPiedmont, SD 57769
Estimated Value $792,000
Living Area 4,144 SqFt
Beds 3
Baths 3
Year Built 2001
Property Type Single Family
Ownership Type Related
APN 21.89.09
Subdivision Harts Elk Creek
School District Meade School District 46-1
6424 Northdale DrBlack Hawk, SD 57718
Estimated Value $298,000
Living Area 1,776 SqFt
Beds 2
Baths 2
Year Built 2001
Property Type Single Family
Ownership Type Individual
APN 20.55.01.37
Subdivision Northdale Sub
School District Meade School District 46-1
1144 Single Tree DrPiedmont, SD 57769
Estimated Value $461,000
Living Area 1,840 SqFt
Beds 3
Baths 2
Year Built 2016
Property Type Single Family
Ownership Type Related
APN 21.NN.22A
Subdivision Villas At Creek Meadows
5521 W Elm StBlack Hawk, SD 57718
Estimated Value $252,000
Living Area 1,200 SqFt
Beds 2
Baths 1
Year Built 1960
Property Type Single Family
Ownership Type Related
APN 20.50.04.06
Subdivision Black Hawk
School District Rapid City School District 51-4
6575 Astoria LnSummerset, SD 57718
Estimated Value $408,000
Living Area 2,065 SqFt
Beds 3
Baths 2
Year Built 2019
Property Type Single Family
Ownership Type Individual
APN 0C.50.12.10
Subdivision Ummerset Sub
School District Rapid City School District 51-4
6855 Daisy DrBlack Hawk, SD 57718
Estimated Value $304,000
Living Area 2,032 SqFt
Beds 2
Baths 2
Year Built 2003
Property Type Single Family
Ownership Type Multiple
APN 20.94.03.12
Subdivision Hideaway Hills
School District Rapid City School District 51-4
4709 E Elmwood CtBlack Hawk, SD 57718
Estimated Value $331,000
Living Area 2,022 SqFt
Beds 4
Baths 3
Year Built 1991
Property Type Single Family
Ownership Type Related
APN 20.55.01.13
Subdivision Northdale Sub
School District Meade School District 46-1
5122 Charmwood DrRapid City, SD 57701
Estimated Value $493,000
Living Area 1,408 SqFt
Beds 3
Baths 3
Year Built 2005
Property Type Single Family
Ownership Type Individual
APN 20-13-158-007
Subdivision Auburn Hills Subd
School District Rapid City School District 51-4
117 Candle Stick CtRapid City, SD 57701
Estimated Value $365,000
Living Area 1,072 SqFt
Beds 3
Baths 2
Year Built 2005
Property Type Single Family
Ownership Type Individual
APN 20-13-481-013
Subdivision Northbrook Village
School District Rapid City School District 51-4
15377 Ridgeview TrlPiedmont, SD 57769
Estimated Value $1,168,000
Living Area 3,424 SqFt
Beds 5
Baths 3
Year Built 1997
Property Type Single Family
Ownership Type Related
APN 21.67.14R
Subdivision Elk Creek Estates
School District Meade School District 46-1
1758 Double Tree DrPiedmont, SD 57769
Estimated Value $753,000
Living Area 3,690 SqFt
Beds 3
Baths 2
Year Built 2021
Property Type Single Family
Ownership Type Related
APN 21.95.04.04B
Subdivision Golden Valley Sub
School District Meade School District 46-1
6585 Astoria LnSummerset, SD 57718
Estimated Value $395,000
Living Area 2,160 SqFt
Beds 3
Baths 1
Year Built 2015
Property Type Single Family
Ownership Type Multiple
APN 0C.50.12.11
Subdivision Ummerset Sub
School District Rapid City School District 51-4
14402 Tatum CtRapid City, SD 57701
Estimated Value $510,000
Living Area 2,400 SqFt
Beds 3
Baths 2
Year Built 2005
Property Type Manufactured Homes
Ownership Type Individual
APN 26.67.01
Subdivision Rolling Dice Sub
School District Douglas School District 51-1
7200 Oslund LnBlack Hawk, SD 57718
Estimated Value $278,000
Living Area 1,728 SqFt
Beds 3
Baths 2
Year Built 1958
Property Type Single Family
Ownership Type Corporate
APN 20.50.01.151
Subdivision Black Hawk
School District Rapid City School District 51-4
6104 Northdale DrBlack Hawk, SD 57718
Estimated Value $309,000
Living Area 1,786 SqFt
Beds 5
Baths 2
Year Built 1987
Property Type Single Family
Ownership Type Individual
APN 20.55.01.17
Subdivision Northdale Sub
School District Meade School District 46-1
6519 Astoria LnSummerset, SD 57718
Estimated Value $384,000
Living Area 1,879 SqFt
Beds 4
Baths 2
Year Built 2013
Property Type Single Family
Ownership Type Related
APN 0C.50.12.01
Subdivision Ummerset Sub
School District Rapid City School District 51-4