Compare 9 local companies in Rapid City (8 with an office in the city, 1 that serves the area). Pick up to 3 and send one free quote request.
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Your request goes to the managers you pick, or to the 3 top Best match managers in Rapid City. You see who before you send.
Top rated
50+ Google reviews
Most reviewed
66 Google reviews, 4.6★
Picked by our rules (rating adjusted for review count, number of reviews, years in business), not paid placement.
Tick Compare on up to 3 companies to see them side by side and request quotes from all of them at once.
809 South St Ste 205, Rapid City, SD 57701
ACE Property Management provides full-service management of residential rentals and associations in Rapid City, including tenant screening, rent collection, maintenance and accounting.
In their words: “We are on a first name basis with our Owners and Tenants through extended personal availability and 24/7 transparency.”
Review summary: Most reviewers mention a helpful, kind and responsive team, an easy maintenance request app and well-kept homes.
809 E Minnesota St, Rapid City, SD 57701
Complete Property Solutions manages residential and commercial property across Rapid City, including townhomes, apartments, single-family homes, affordable housing, and office and retail space.
In their words: “With properties across all of Rapid City, our seasoned staff and outstanding service will help you find just the right fit.”
Review summary: Most reviewers mention helpful, kind staff, quick and thorough repairs and attention to detail.
522 7th St Suite 216B, Rapid City, SD 57701
Equity Real Estate Management, founded in 2022, manages apartment and multifamily properties in South Dakota, Texas, Louisiana and Oklahoma, with asset management, construction management and around-the-clock maintenance.
In their words: “From unit turns to full renovations, we handle it in-house.”
Review summary: Reviewers often mention a professional, responsive team and clear communication with owners.
1770 Centre St Ste 5, Rapid City, SD 57703
Elite Property Management manages residential rentals in Rapid City, South Dakota, with its own maintenance team and accountant handling tenant screening, leasing, marketing and accounting in-house.
In their words: “With our own maintenance team and accountant, we ensure well-maintained properties and personalized service providing value to both property owners and tenants.”
Serves the Rapid City area · no public office address, so no map pin
Motif Properties, founded in 2023 in Rapid City, offers residential property management and home maintenance for small private investors in Rapid City and the surrounding Black Hills area.
KO Property Management, founded in 2014 and locally owned, manages apartment complexes, townhomes, condos, single-family houses, duplexes and office space in Rapid City and the Black Hills area.
In their words: “We are proud to help you find the perfect rental or office location in the Rapid City and surrounding areas.”
Review summary: Reviewers often mention professional, responsive staff, clear communication and quick replies.
NWE Management Company grew from Northwestern Engineering Company, incorporated in South Dakota in 1927, and manages apartments, condos, commercial space and a mobile home park in Rapid City, with interests in nearby states.
In their words: “Our early history as contractors evolved into real estate ownership and then property management.”
Review summary: Reviewers often mention friendly staff and quick, prompt repairs by the maintenance team.
2040 W Main St #110, Rapid City, SD 57702
Kahler Property Management has over 57 years of property management experience in Rapid City, handling single-family, multi-family and commercial properties with marketing, tenant screening, rent collection, maintenance, accounting, inspections and evictions.
In their words: “From placing your qualified tenant to managing their move-in, collecting rent, and handling maintenance requests — we take care of every detail from start to finish.”
CC Property Management, established in 2013, manages single-family homes, multi-family and apartment properties and HOAs in Rapid City and the Black Hills, with rent collection, maintenance, marketing and storage units.
Review summary: Most reviewers mention friendly, responsive staff and maintenance handled on time, though a few report problems after a management change.
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Pins show office addresses; numbers match the Best match order. Companies that don't publish an address are listed as "Serves the Rapid City area" and get no pin.
Get the latest rental and real estate data on the Rapid City market. We update these charts with the latest data on the 22nd of each month.
Rents in Rapid City are $8 below the Pennington County typical.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Rent rose in 8 of the last 12 months: +$63 in all since Oct 2025.
Green: rent went up that month. Grey: it went down.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Rapid City's typical asking rent is $8 (0.6%) below the county. The gap is shrinking compared with a year ago.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Rents here usually rise most in February, April and June, so those are good months to list your rental.
Average change from the month before, 8 years of data.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Past growth, not a forecast. Rents can go down as well as up. Your own rent depends on the home, its condition and the lease.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
| City | Typical rent | 1 year | Managers |
|---|---|---|---|
| Rapid City | $1,445 | +4.6% | 9 |
| Spearfish | $1,525 | 4 | |
| Aberdeen | $1,098 | +12.6% | 3 |
| Watertown | $1,196 | 4 | |
| Brookings | $1,286 | +9.7% | 6 |
| Sioux Falls | $1,279 | +3.9% | 23 |
Source: Zillow Observed Rent Index (ZORI), typical asking rent, data through September 2026. Managers listed: our directory, October 2026.
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020-2024.
Source: U.S. Department of Housing and Urban Development, Fair Market Rents for fiscal year 2027, Rapid City, SD HUD Metro FMR Area. Used to set Housing Choice Voucher (Section 8) limits.
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Compare the 9 property management companies in Rapid City, Pennington County. Tick up to 3 to see them side by side, then request free quotes from all of them in one step.
Zillow's typical asking rent in Rapid City is $1,445 (September 2026); +4.6% over the past year and +28.8% over five years. About 37.1% of homes in Rapid City are rented, and the rental vacancy rate is 6.3% (Census, 2020-2024).
We list 9 property management companies in Rapid City, SD: 8 with an office in the city and 1 that serve the area from elsewhere or without a public office address.
Zillow's typical asking rent in Rapid City was $1,445 a month in September 2026, +4.6% on a year earlier.
Over the 8 years Zillow has tracked, asking rents here have risen most in February, April and June. Listing in those months can help, but every property is different.
Fees depend on the company, the property and the services you need, and few companies publish them. Ask for a written quote that lists the monthly fee, leasing fee and any other charges. You can request quotes from up to 3 managers at once on this page.
The default order, Best match, uses each company's Google rating adjusted for how many reviews it has, so a 4.8 rating from 100 reviews ranks above a 5.0 from 2. No company can pay for its position.
Yes. Requesting quotes is free for property owners and there is no obligation to hire anyone.