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
Lakeview Dr3332$289,2811,094 Sq.Ft.8/19/2022Lambeau Ct1042$377,1001,188 Sq.Ft.11/29/2023Lamb Rd832$380,3333,318 Sq.Ft.7/24/2023Lampert Ct243$741,0001,751 Sq.Ft.3/16/2020Lamplight Dr733$360,0001,243 Sq.Ft.7/13/2023Lanark Rd2832$346,9291,298 Sq.Ft.3/26/2024Lancer Dr5N/AN/A$663,0002,867 Sq.Ft.N/ALance St2832$355,0001,288 Sq.Ft.7/14/2023Lando Ln2N/AN/AN/A8,000 Sq.Ft.12/20/2019Landon Dr1032$349,3001,100 Sq.Ft.4/8/2024Lane1N/AN/A$333,000N/AN/ALangenberg Ct532$476,8001,090 Sq.Ft.6/18/2019Lariat Rd432$603,0001,785 Sq.Ft.5/11/2018Lark Dr332$388,6671,631 Sq.Ft.3/30/2023La Selva Dr433$544,5001,779 Sq.Ft.N/ALatrobe Ave2N/AN/AN/A4,832 Sq.Ft.5/16/2024Laurel Ave1431$261,9291,103 Sq.Ft.10/31/2023Laurel Heights Dr1032$369,0001,609 Sq.Ft.8/20/2021Laveeda Dr532$635,0001,531 Sq.Ft.N/ALawndale Dr2032$356,9001,105 Sq.Ft.4/5/2022Lawrence Ct931$207,4443,718 Sq.Ft.12/14/2023Lawrence Dr2032$258,5501,606 Sq.Ft.5/24/2024Le Blanc Dr2531$239,080847 Sq.Ft.N/ALee Dr232$437,0003,252 Sq.Ft.N/ALegacy Ln932$406,1111,457 Sq.Ft.9/28/2020Leland Ln2042$330,4441,545 Sq.Ft.10/24/2023Lemmon Ave6321$211,887919 Sq.Ft.4/12/2024Lennon Ln1232$417,3331,279 Sq.Ft.9/3/2020Leola Ln2542$359,6401,093 Sq.Ft.1/16/2024Leroy St4532$294,0671,979 Sq.Ft.3/6/2024Liberty St6342$348,1901,066 Sq.Ft.4/30/2024Lien St12N/AN/AN/A8,888 Sq.Ft.5/9/2019Lightning Ridge Rd1042$697,5001,758 Sq.Ft.6/26/2020Lilac Ln821$238,5711,167 Sq.Ft.N/ALime Creek Dr532$385,0001,355 Sq.Ft.3/30/2017Limelight Ln743$787,2862,081 Sq.Ft.6/30/2020Limestone Ln532$592,6002,781 Sq.Ft.3/24/2017Lincoln Ave422$245,000836 Sq.Ft.N/ALindbergh Ave8342$331,6143,759 Sq.Ft.3/31/2022Linden Ln221$259,5001,560 Sq.Ft.N/ALindsey Dr1742$568,4121,682 Sq.Ft.9/14/2023Line Rd5N/AN/A$270,2503,640 Sq.Ft.N/ALinn St1N/AN/AN/A4,489 Sq.Ft.N/ALion Dr4932$291,6251,072 Sq.Ft.2/23/2024Lions Paw Ct332$513,0001,832 Sq.Ft.1/25/2018Lippert Ranch Rd1N/AN/AN/AN/AN/ALockwood Dr3732$347,6941,052 Sq.Ft.2/23/2024Locust St3432$329,515984 Sq.Ft.12/29/2022Lodgepole Pl443$443,0001,290 Sq.Ft.12/29/2021Lodge St2332$330,6961,028 Sq.Ft.11/1/2023Log Cabin Rd132$956,0001,372 Sq.Ft.N/ALog Porch Rd321$364,333757 Sq.Ft.N/ALombardy Dr21N/AN/AN/A7,564 Sq.Ft.11/8/2022Lonetree Rd432$431,5002,229 Sq.Ft.N/ALong Acres732$325,5711,813 Sq.Ft.1/14/2022Longhorn Ct422$462,2502,049 Sq.Ft.10/16/2020Long View Rd7032$418,8492,504 Sq.Ft.2/28/2024Lookout Ln2132$316,9521,079 Sq.Ft.11/15/2023Lookout Mtn843$519,1251,806 Sq.Ft.2/12/2020Loretta Dr1332$517,0771,757 Sq.Ft.8/6/2021Louis Dr144$1,676,0005,206 Sq.Ft.N/ALower Spring Creek Rd532$479,0001,617 Sq.Ft.N/ALowery Pl3N/AN/A$785,000N/A9/2/2017Lowry Ln2N/AN/AN/A1,138 Sq.Ft.N/ALucky Ln933$651,8572,017 Sq.Ft.2/18/2016Luna Ave12N/AN/A$789,00011,736 Sq.Ft.5/24/2017Lunar Dr832$390,2863,161 Sq.Ft.8/10/2023Lundin Ct654$906,8332,482 Sq.Ft.2/10/2023Lynnwood Ave3731$289,2221,051 Sq.Ft.7/14/2023Lynnwood Dr1632$302,8751,232 Sq.Ft.1/10/2024Lytle Ln133$487,0002,508 Sq.Ft.N/AMacarthur St3432$246,9691,103 Sq.Ft.12/20/2023Macks Dr2132$324,3811,029 Sq.Ft.1/9/2023Maddy Anne Ct722$339,2861,380 Sq.Ft.10/30/2020Madill St3N/AN/A$1,433,0002,807 Sq.Ft.N/AMadison St7731$228,2391,060 Sq.Ft.7/13/2023Madison Trl832$678,5002,236 Sq.Ft.12/20/2019Maggie Way1222$305,4444,353 Sq.Ft.N/AMagic Canyon Rd2222$678,0632,195 Sq.Ft.7/25/2022Magnolia Dr843$242,3753,211 Sq.Ft.10/21/2020Magnum Rd122$394,0002,214 Sq.Ft.N/AMaidstone Ct1243$823,8332,439 Sq.Ft.7/2/2021Main St41032$511,3073,555 Sq.Ft.4/15/2024Majestic Trl232$568,0001,550 Sq.Ft.N/AMalibu Dr343$2,034,0004,237 Sq.Ft.N/AMall Dr3831$315,16729,636 Sq.Ft.6/1/2023Mallow St2831$281,6821,358 Sq.Ft.1/18/2024Malory Ln1011$204,400898 Sq.Ft.N/AMandalay Ln2143$403,0001,388 Sq.Ft.12/6/2022Mansfield Rd732$461,0002,828 Sq.Ft.4/8/2021Maple Ave19932$289,3403,256 Sq.Ft.5/22/2024Marathon Ct1132$315,636959 Sq.Ft.12/5/2018Marcia Ct532$474,8001,280 Sq.Ft.2/15/2019Margaret Ct1042$454,5001,247 Sq.Ft.8/23/2022Marie Ct432$349,0001,034 Sq.Ft.11/17/2017Marino Dr343$415,3331,158 Sq.Ft.8/24/2023Markay Pl832$361,0001,060 Sq.Ft.9/1/2021Marlin Dr2932$538,00032,008 Sq.Ft.2/12/2024Marquette Dr2N/AN/A$324,0003,600 Sq.Ft.N/AMartin Ln531$261,0001,104 Sq.Ft.5/12/20231725 Crested Wheat RdPiedmont, SD 57769
Estimated Value $602,000
Living Area 2,504 SqFt
Beds 4
Baths 3
Year Built 2021
Property Type Single Family
Ownership Type Related
APN 21.95.04.15
Subdivision Golden Valley Sub
School District Meade School District 46-1
110 Adonia LnRapid City, SD 57701
Estimated Value $345,000
Living Area 947 SqFt
Beds 4
Baths 2
Year Built 2007
Property Type Single Family
Ownership Type Individual
APN 20-13-430-007
Subdivision Brookfield Subd
School District Rapid City School District 51-4
21871 Running Deer TrlPiedmont, SD 57769
Estimated Value $702,000
Living Area 3,106 SqFt
Beds 4
Baths 3
Year Built 1999
Property Type Single Family
Ownership Type Related
APN 21.89.08
Subdivision Harts Elk Creek
School District Meade School District 46-1
6595 Astoria LnSummerset, SD 57718
Estimated Value $378,000
Living Area 2,020 SqFt
Beds 2
Baths 3
Year Built 2007
Property Type Single Family
Ownership Type Related
APN 0C.50.12.12
Subdivision Ummerset Sub
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
16415 Willow Wood RdPiedmont, SD 57769
Estimated Value $662,000
Living Area 2,040 SqFt
Beds 4
Baths 2
Year Built 2019
Property Type Single Family
Ownership Type Multiple
APN 21.95.03.01
Subdivision Golden Valley Sub
School District Meade School District 46-1
4861 Blackstone CtPiedmont, SD 57769
Estimated Value $427,000
Living Area 9 SqFt
Beds 3
Baths 2
Year Built 2018
Property Type Single Family
Ownership Type Related
APN 21.68.33R.JW
Subdivision Buffalo Ridge Estates
School District Meade School District 46-1
13858 Riata LoopPiedmont, SD 57769
Estimated Value $565,000
Living Area 1,380 SqFt
Beds 3
Baths 2
Year Built 2021
Property Type Single Family
Ownership Type Individual
APN 21.SS.12
Subdivision Ar Ranch Estates
School District Rapid City School District 51-4
5349 Coal Bank DrRapid City, SD 57701
Estimated Value $354,000
Living Area 886 SqFt
Beds 4
Baths 2
Year Built 2021
Property Type Single Family
Ownership Type Multiple
APN 20-13-162-009
Subdivision Auburn Hills Subd
School District Rapid City School District 51-4
6101 W Elmwood DrBlack Hawk, SD 57718
Estimated Value $318,000
Living Area 1,824 SqFt
Beds 3
Baths 2
Year Built 1978
Property Type Single Family
Ownership Type Related
APN 20.55.05.08
Subdivision Northdale Sub
School District Rapid City School District 51-4
7020 Daisy DrBlack Hawk, SD 57718
Estimated Value $283,000
Living Area 1,652 SqFt
Beds 3
Baths 3
Year Built 2003
Property Type Single Family
Ownership Type Individual
APN 20.94.02.03
Subdivision Hideaway Hills
School District Rapid City School District 51-4
5021 Charmwood DrRapid City, SD 57701
Estimated Value $435,000
Living Area 1,426 SqFt
Beds 3
Baths 2
Year Built 2018
Property Type Single Family
Ownership Type Related
APN 20-13-159-003
Subdivision Auburn Hills Subd
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
4642 Coal Bank DrRapid City, SD 57701
Estimated Value $418,000
Living Area 1,216 SqFt
Beds 3
Baths 2
Year Built 2019
Property Type Single Family
Ownership Type Individual
APN 20-13-311-001
Subdivision Auburn Hills Subd
School District Rapid City School District 51-4
1770 Crested Wheat RdPiedmont, SD 57769
Estimated Value $704,000
Living Area 3,629 SqFt
Beds 3
Baths 2
Year Built 2022
Property Type Single Family
Ownership Type Related
APN 21.95.07.02
Subdivision Golden Valley Sub
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