Rapid Valley, SD Real Estate
Rapid Valley is a city in Pennington County, South Dakota with a population of about 7,153. The median home value is near $226,300, and median rent runs around $1,263/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$226,300
Median Rent
$1,263/mo
Population
7,153
Median Income
$85,217
Median Age
42.6
Homeownership
95.8%
Monthly payment on a median Rapid Valley home
Example for a $226,300 home: 20% down, 30-yr at ~6.75%, SD property tax ~1.01%, 0.4% insurance.
Est. monthly (PITI)
$1,440
Principal & interest
$1,174
Property tax / mo
$190
Down payment (20%)
$45,260
Rapid Valley at a glance
- 14.1% of residents 25+ hold a bachelor's degree or higher.
- 95.8% of occupied homes are owner-occupied.
- Median household income is $85,217.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
Other South Dakota cities
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