AirDNA Data: US→ South Dakota→ Rapid City
How is Rapid City performing?
66
Good
83
Investability
65
Rental Demand
44
Revenue Growth
13
Seasonality
38
Regulation
Annual Revenue
$21.8K
+3%
past year
Occupancy Rate
59%
+4%
past year
Average Daily Rate
$241.4
+3%
past year
Revenue per Available Rental (RevPAR)
$140.6
+6%
past year
Rapid City Performance Details
Total available listings
1,171
+3%
past year
Listings by rental channel
Airbnb (49%)
Vrbo (16%)
Both (35%)
Listings by rental size
1 Bedroom (29%)
2 Bedroom (25%)
3 Bedroom (23%)
4 Bedroom (15%)
5+ Bedroom (8%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (32%)
91-180 nights (31%)
181-270 nights (18%)
271-365 nights (19%)
Listings by rental type
Entire Home (93%)
Private Room (7%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (16.7%)
Moderate (56.6%)
Strict (25.6%)
Super Strict (1.1%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (45.9%)
3 Nights (13.9%)
4-6 Nights (5.2%)
7-29 Nights (2.0%)
30+ Nights (33.0%)
What amenities do listings have?
Internet
97%
Parking
95%
Aircon
95%
Wireless Internet
95%
Heating
91%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Soujourn | 39 | 0.1% | 5495 | 4.73 |
Evolve | 36 | 0.2% | 769 | 4.83 |
J&J Hospitality | 28 | 0.6% | 1471 | 4.87 |
BEAR-PM | 12 | 0.5% | 625 | 4.88 |
WeeCasa | 7 | 0.2% | 128 | 4.73 |
Occupancy
Occupancy Rate
59%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Revenue
Average revenue
$2,180,182
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow much revenue did listings earn per month?
Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$59
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat was the average daily rate?
Average daily rate over the last 5 years
-3%
past year
2023
2022
2021
2020
2019
2018
Revenue per available rental (RevPAR)
Revenue per available rental
$59
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
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