Short Term Rental

Rapid City, SD Short Term Rental Properties for Sale

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Summerset, SD Box Elder, SD Black Hawk, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
Renovated Duplex-Use Bungalow
Updated: May 11
Renovated Duplex-Use Bungalow

1116 MT RUSHMORE RD, Rapid City, SD 57701

$325,000
1925 bungalow‑style property with extensive interior and exterior renovations
Two bedrooms and two bathrooms
Basement features a separate entrance and second kitchen
Potential non‑conforming duplex or short‑term rental use
Currently operating as a short‑term rental
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Renovated Quadplex
Updated: May 1
Renovated Quadplex

307 Saint Anne St, Rapid City, SD 57701

$650,000
Four‑unit property at 307 Saint Anne St, Rapid City, SD
Extensively renovated in 2022 with new windows, flooring, doors, cabinets, trim, and paint
Updated kitchens with new appliances in each unit
New boiler system plus mini‑split A/C units in the upper units
Two furnished units include TVs for short‑term or mid‑term rental use
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Horse Property with Rental Cabins
Horse Property with Rental Cabins

11863 West Argyle Road, Custer, SD 57730

Contact for pricing
3,696 sqft

Fenced pastures, cabins, and a guest bunkhouse complement the primary residence.

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Vacant Land / Lots
Vacant Land / Lots

12378 Tin Cup Trail, Custer, SD 57730

$899,000

Residential land & home lots

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Short-Term Rental Home with Pool
Short-Term Rental Home with Pool

12730 Nemo Rd, Nemo, SD 57759

Contact for pricing
2,000 sqft

New construction residence with king beds, a full kitchen, streaming TVs, and access to shared recreation.

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Multi-Kitchen Short-Term Rental Lodge
Multi-Kitchen Short-Term Rental Lodge

12736 Nemo Rd, Nemo, SD 57759

Contact for pricing
6,500 sqft 2.00 AC lot

Private lodge-style accommodations combine multiple living areas, guest bedrooms, kitchens, dining spaces, and outdoor decks.

View details

Rapid City, SD Short Term Rental Properties Market Trends and Statistics

Explore 2 short term rental properties for sale in Rapid City, SD on our real estate platform.

Sale prices for short term rental properties in Rapid City, SD start at $325,000, averaging $487,500, and reaching up to $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 15
Apartment buildings 8
Mobile home & RV parks 3
Triplexes 3
Short term rental properties 1

Demographics Overview

Population 99K
Population Growth (5Y) +3.2%
Median Household Income $70,356
College Educated 33.1%

Taxes & Financing

Tax Rate (average for all types) 1.36%
Property Tax per SF $31.57 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pennington County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Rapid City fall within the 25,000 to 50,000 square foot range.

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