A picture in the city of Rapid City

Rapid City

About Rapid City, South Dakota

Welcome to Rapid City, a gateway to the Black Hills and a hub of vibrant culture and history in South Dakota. Known for its scenic landscapes, proximity to Mount Rushmore, and the Sturgis Motorcycle Rally, Rapid City offers a unique blend of outdoor adventure and city amenities. The city is rich in art and culture, with numerous museums, galleries, and theaters, as well as a thriving downtown area that hosts a variety of events and festivals year-round.

Average Home Prices in Rapid City

The average home price in Rapid City, SD, is approximately $336,149, offering a range of housing options for diverse lifestyles and budgets. The city's real estate market is attractive for its variety, from historic homes in established neighborhoods to modern developments with stunning views of the Black Hills, catering to families, professionals, and retirees alike.

Based on calculations of home data from MLS and/or public records.

Veteran Benefits in South Dakota

  • South Dakota State Veterans Home
    The South Dakota Veterans Home in Hot Springs provides care for eligible veterans and their spouses, with costs based on income, ensuring those who served have access to the support they need.
  • South Dakota Veteran Financial Benefits
    Veterans in South Dakota benefit from property tax exemptions and a state bonus program, acknowledging their service and providing financial assistance.
  • South Dakota Veterans Employment Preference
    The state offers employment preference to veterans and certain family members, promoting their integration into the workforce and honoring their contributions.
  • South Dakota Veteran Education Benefits
    Veterans and their families have access to education benefits, including free tuition for eligible veterans and dependents, highlighting the state's commitment to supporting their educational pursuits.
  • South Dakota State Recreation Benefits
    Disabled veterans enjoy access to hunting and fishing licenses, and state park admissions at reduced rates or for free, reflecting South Dakota's appreciation for their service.
  • Burial and Memorial Benefits
    South Dakota provides burial allowances and headstone setting fees to honor the final resting places of veterans, demonstrating respect and gratitude for their service.
Click here to request more information about the VA Home Loan
Want to fast track your approval?
Start with an Instant Prequalification.

START TODAY

Rapid City Neighborhoods and Surrounding Areas

Rapid City's neighborhoods each offer unique attributes, contributing to the city's charm and appeal. Here's an overview of 20 neighborhoods, showcasing the diversity and community spirit of Rapid City:

  • West Boulevard: Known for its historic homes and tree-lined streets, West Boulevard is one of Rapid City's most picturesque and desirable neighborhoods.
  • Downtown: The heart of the city, Downtown Rapid City, is vibrant with shops, restaurants, arts, and entertainment, offering an urban lifestyle amidst historic buildings.
  • Rapid Valley: A suburban area with a mix of residential options, Rapid Valley is popular among families for its open spaces and proximity to good schools.
  • North Rapid: This area is known for its community feel and affordable housing, appealing to a diverse range of residents.
  • Sheridan Lake Road: Offering stunning views and access to outdoor activities, this neighborhood is ideal for nature lovers and outdoor enthusiasts.
  • Roosevelt Park: Featuring a variety of housing styles and a friendly atmosphere, Roosevelt Park is a welcoming community with easy access to amenities.
  • South Canyon: Close to the Black Hills, South Canyon is perfect for those seeking a quieter lifestyle with opportunities for hiking, biking, and exploring nature.
  • Founders Park: A newer development, Founders Park offers modern homes and apartments with green spaces and recreational areas nearby.
  • Robbinsdale: Known for its well-maintained homes and strong sense of community, Robbinsdale is a family-friendly neighborhood with parks and schools close by.
  • Horace Mann: With its central location and established community, Horace Mann offers a mix of residential and commercial areas, providing convenience and a lively atmosphere.
  • Star Village: An area with growing development, Star Village offers affordable housing options and new construction, attracting first-time homebuyers and young families.
  • Colonial Pine Hills: Offering larger lots and spacious homes, this neighborhood is favored by those looking for a more rural feel within city limits.
  • Johnson Siding: A serene community located in the hills, Johnson Siding is ideal for those seeking peace and tranquility close to nature.
  • Blackhawk: Known for its convenience to major highways and commercial areas, Blackhawk provides practical living with a variety of housing options.
  • Green Valley: With its parks and recreational areas, Green Valley is a great neighborhood for outdoor enthusiasts and active families.
  • Canyon Lake: Surrounded by beauty and recreational opportunities, Canyon Lake is a sought-after area for its scenery and outdoor activities.
  • Kateland: A peaceful neighborhood with a friendly vibe, Kateland is characterized by its affordable homes and sense of community.
  • Valley Heights: Offering panoramic views of the city and hills, Valley Heights is known for its upscale homes and prestigious feel.
  • Carriage Hills: A well-established neighborhood with a variety of home styles, Carriage Hills appeals to a broad demographic, from young professionals to retirees.
  • Enchanted Hills: Featuring newer homes and development, Enchanted Hills is popular among those seeking modern amenities and a suburban lifestyle.

Military in South Dakota

Rapid City is closely tied to military operations, notably hosting Ellsworth Air Force Base, which contributes significantly to the community and economy:

  • Ellsworth Air Force Base: Located just northeast of Rapid City, Ellsworth AFB is a key military installation, home to the 28th Bomb Wing and a cornerstone of national defense and community partnership in South Dakota.

Local Universities in Rapid City

Rapid City's academic scene is bolstered by its institutions of higher learning, offering diverse programs and fostering a vibrant student community:

  • South Dakota School of Mines & Technology: Known for its engineering and science programs, SDSMT attracts students nationally and internationally, contributing to the city's innovation and research capabilities.
  • Black Hills State University-Rapid City: Offering a range of undergraduate and graduate programs, BHSU-RC provides flexible education options for students in the region.
  • Western Dakota Tech: As a leading technical institute, WDT offers career-focused programs, preparing students for various industries and contributing to the local workforce.

VA Loan Benefits in Rapid City

VA Loans offer substantial benefits for veterans in Rapid City, aiding them in achieving homeownership with favorable terms:

  • No Down Payment: Veterans can purchase homes in Rapid City without a down payment, facilitating access to homeownership.
  • Competitive Interest Rates: VA Loans provide competitive interest rates, making home buying more affordable for veterans.
  • No PMI: The absence of private mortgage insurance lowers monthly payments, offering financial relief to veteran homebuyers.

MHS Lending specializes in assisting veterans with the VA Loan process in Rapid City, ensuring they receive the support and benefits they deserve.

Click here to request more information about the VA Home Loan
WHY WAIT?
Start with an Instant Prequalification.

START TODAY