Rapid City, SD (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in the Rapid City, SD Metro in February 2026 was $1,330.645. The month over month percentage change (MoM) was 0.60%, and the year over year percentage change (YoY) was 2.73%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Rapid City, SD metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Rapid City, SD metro.

You can see similar information for other US metros, and for the United States.

Note: Zillow Observed Rent Index (ZORI) is a smoothed measure of the typical observed market rate rent across a given region. ZORI is a repeat-rent index that is weighted to the rental housing stock to ensure representativeness across the entire market, not just homes currently listed for-rent.

Data Source: Zillow.
Rapid City, SD (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Rapid City, SD (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 0 NaN NaN
Apr 2017 0 NaN NaN
May 2017 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 863.1611702880042 Infinity Infinity
Oct 2017 866.9116568402221 0.44 Infinity
Nov 2017 865.4110514104359 -0.17 Infinity
Dec 2017 877.6601457020175 1.42 Infinity
Jan 2018 872.0881191655941 -0.63 Infinity
Feb 2018 876.7261314866295 0.53 Infinity
Mar 2018 866.172579223585 -1.20 Infinity
Apr 2018 877.1673619584926 1.27 Infinity
May 2018 868.8107734181822 -0.95 Infinity
Jun 2018 876.1885012406851 0.85 Infinity
Jul 2018 874.7766531758726 -0.16 Infinity
Aug 2018 889.0928350804982 1.64 Infinity
Sep 2018 895.5538711935824 0.73 3.75
Oct 2018 898.1317648474177 0.29 3.60
Nov 2018 897.2417816350309 -0.10 3.68
Dec 2018 889.0922122347063 -0.91 1.30
Jan 2019 894.4526639003441 0.60 2.56
Feb 2019 891.4241353276939 -0.34 1.68
Mar 2019 894.5061692237716 0.35 3.27
Apr 2019 884.2132160015473 -1.15 0.80
May 2019 891.8624551687626 0.87 2.65
Jun 2019 892.1314404415964 0.03 1.82
Jul 2019 899.132697025186 0.79 2.78
Aug 2019 890.9058218359446 -0.91 0.20
Sep 2019 897.6370472058703 0.76 0.23
Oct 2019 901.0933627977719 0.39 0.33
Nov 2019 907.7308716646348 0.74 1.17
Dec 2019 913.890073940421 0.68 2.79
Jan 2020 920.5293505505663 0.73 2.92
Feb 2020 930.7501289812999 1.11 4.41
Mar 2020 916.1565359442758 -1.57 2.42
Apr 2020 916.5881511335958 0.05 3.66
May 2020 917.835201963589 0.14 2.91
Jun 2020 923.2657709661053 0.59 3.49
Jul 2020 924.9507079291532 0.18 2.87
Aug 2020 930.5821556623249 0.61 4.45
Sep 2020 936.179443465748 0.60 4.29
Oct 2020 935.2879723904035 -0.09 3.80
Nov 2020 953.0173521551582 1.90 4.99
Dec 2020 954.8414505760409 0.19 4.48
Jan 2021 976.6223915965388 2.28 6.09
Feb 2021 979.2896301886243 0.27 5.22
Mar 2021 993.0421187534421 1.40 8.39
Apr 2021 995.4704445235807 0.25 8.61
May 2021 999.9536529323722 0.45 8.95
Jun 2021 1004.1142219264531 0.42 8.76
Jul 2021 1027.9770838966833 2.38 11.14
Aug 2021 1042.1003280534128 1.37 11.98
Sep 2021 1058.1943190588304 1.54 13.03
Oct 2021 1073.480510903164 1.45 14.78
Nov 2021 1089.5408573968098 1.50 14.33
Dec 2021 1112.810116409381 2.14 16.54
Jan 2022 1131.1716117424053 1.65 15.83
Feb 2022 1151.5391809210353 1.80 17.59
Mar 2022 1174.183653067829 1.97 18.24
Apr 2022 1194.800504450563 1.76 20.02
May 2022 1212.38792375655 1.47 21.24
Jun 2022 1236.9807917397022 2.03 23.19
Jul 2022 1236.186058218112 -0.06 20.25
Aug 2022 1248.4070262032683 0.99 19.80
Sep 2022 1243.9176703587173 -0.36 17.55
Oct 2022 1250.6073211163748 0.54 16.50
Nov 2022 1230.3734156182404 -1.62 12.93
Dec 2022 1228.4917612902557 -0.15 10.40
Jan 2023 1219.1087884070612 -0.76 7.77
Feb 2023 1224.2698604708291 0.42 6.32
Mar 2023 1216.5521048400394 -0.63 3.61
Apr 2023 1213.9552269950716 -0.21 1.60
May 2023 1224.1127546066593 0.84 0.97
Jun 2023 1220.5877755278564 -0.29 -1.32
Jul 2023 1224.037272082522 0.28 -0.98
Aug 2023 1221.7633075763565 -0.19 -2.13
Sep 2023 1236.4226764097634 1.20 -0.60
Oct 2023 1245.273040621287 0.72 -0.43
Nov 2023 1259.2200378718978 1.12 2.35
Dec 2023 1260.1914043805093 0.08 2.58
Jan 2024 1260.4374754235685 0.02 3.39
Feb 2024 1259.930812677243 -0.04 2.91
Mar 2024 1255.6421315962834 -0.34 3.21
Apr 2024 1263.648141061806 0.64 4.09
May 2024 1266.1169570303032 0.20 3.43
Jun 2024 1277.19648863611 0.88 4.64
Jul 2024 1281.26942699102 0.32 4.68
Aug 2024 1283.2732127934669 0.16 5.04
Sep 2024 1279.665836500418 -0.28 3.50
Oct 2024 1276.1800371643476 -0.27 2.48
Nov 2024 1283.0434956042545 0.54 1.89
Dec 2024 1292.0168074815185 0.70 2.53
Jan 2025 1297.125818359243 0.40 2.91
Feb 2025 1295.3068348563463 -0.14 2.81
Mar 2025 1306.0178197905147 0.83 4.01
Apr 2025 1305.4044033321495 -0.05 3.30
May 2025 1303.2156596296347 -0.17 2.93
Jun 2025 1299.7725176131794 -0.26 1.77
Jul 2025 1302.6992729324404 0.23 1.67
Aug 2025 1307.8312689528289 0.39 1.91
Sep 2025 1312.0888959779363 0.33 2.53
Oct 2025 1316.957412777888 0.37 3.20
Nov 2025 1316.698687395052 -0.02 2.62
Dec 2025 1317.1648666588303 0.04 1.95
Jan 2026 1322.6587795368105 0.42 1.97
Feb 2026 1330.6450854700854 0.60 2.73