Rapid City short-term rental market data
Across Nov 2025 – Oct 2026, Rapid City averaged 58.2% occupancy and $183.75 per night across an average of 549 active listings. These market-wide figures are a starting point, not a prediction for an individual home.
- Average occupancy
- 58.2%
- Average nightly rate (USD)
- $183.75
- Average active listings
- 549
- Busiest month
- Jul 2026
Arithmetic averages of the latest 12 reported monthly figures; active listing counts are rounded.
The market, month by month
Monthly data table
| Month | Occupancy | Nightly rate | RevPAR | Active listings | Avg. revenue / active listing |
|---|---|---|---|---|---|
| Nov 2025 | 41.8% | $162.22 | $67.76 | 524 | $2,287.80 |
| Dec 2025 | 39.0% | $156.80 | $61.11 | 525 | $2,172.48 |
| Jan 2026 | 38.0% | $139.73 | $53.10 | 541 | $1,992.89 |
| Feb 2026 | 49.8% | $135.56 | $67.47 | 535 | $2,092.63 |
| Mar 2026 | 50.2% | $133.62 | $67.03 | 544 | $2,224.59 |
| Apr 2026 | 53.9% | $148.09 | $79.84 | 549 | $2,596.71 |
| May 2026 | 65.1% | $189.78 | $123.47 | 550 | $3,608.45 |
| Jun 2026 | 78.7% | $237.80 | $187.21 | 552 | $5,339.09 |
| Jul 2026 | 79.4% | $254.25 | $201.77 | 562 | $5,939.55 |
| Aug 2026 | 70.6% | $269.37 | $190.06 | 579 | $5,266.51 |
| Sep 2026 | 72.7% | $203.25 | $147.71 | 570 | $4,230.85 |
| Oct 2026 | 59.1% | $174.52 | $103.11 | 560 | $3,013.46 |
Compare Rapid City neighborhoods
| Market | Avg. occupancy | Avg. nightly rate | Avg. active listings | Busiest month |
|---|
No local reports are published yet.
What the numbers say
- July 2026 was the busiest reported month, with 79.4% occupancy.
- January 2026 had the lowest reported occupancy at 38.0%.
- The latest reported month was 20.3 percentage points below the occupancy peak.
Rapid City market questions
PriceLabs Market Research reports 58.2% average occupancy across the latest 12 reported months. This is an arithmetic average of monthly figures, not an individual property forecast.
July 2026 had the highest reported occupancy at 79.4%. January 2026 had the lowest at 38.0%. This period alone does not establish a recurring seasonal pattern.
Average nightly rate was $183.75 across the reported months.
The sum of average revenue per active listing across 12 reported months was $40,765.01. Larger homes raise the average and listing mix changes, so this is not the earnings of a fixed home or a guarantee.
Other South Dakota markets
Data: PriceLabs Market Research, Nov 2025 – Oct 2026. Averages across active listings, not a forecast or guarantee.
Data as of 2026-11-06.
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