Rapid City, SD mortgage calculator

Rapid City
Mortgage
Calculator

Rapid City is the gateway to the Black Hills and Mount Rushmore, with a tourism and Ellsworth Air Force Base-driven economy. Pennington County's property tax rate is slightly above Sioux Falls's.

1.28% county property tax
Real local rates
No sign-up required
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$
Interest rate6.48%
Monthly payment
$2,155
P&I · Taxes · Insurance
Total interest
$335,468
Principal & Interest$1,665/mo
Property Tax (1.28%)$352/mo
Homeowners Insurance$138/mo

Recommended for incomes above $95k/yr (28% DTI rule)

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1.28%
Rapid City area property tax rate
$330,000
Rapid City median home price
$2,155
est. monthly payment at defaults

Rapid City housing market

$330,000
Median home price
$58,000
Median household income
78,908
City population

The 1.28% property tax rate reflects the county-level effective rate for Rapid City and is used to calculate your monthly tax escrow above. This rate may differ from the statewide South Dakota average — county-level data produces more accurate monthly payment estimates for Rapid City buyers. Many Rapid City properties also carry HOA fees — the area average is approximately $100/month, which is not included in the calculator above.

Rate history

FAQ

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