AirDNA Data: US→ South Dakota→ Rapid City
How is Rapid City performing?
71
Good
83
Investability
66
Rental Demand
45
Revenue Growth
13
Seasonality
45
Regulation
Annual Revenue
$22.1K
+3%
past year
Occupancy Rate
59%
+4%
past year
Average Daily Rate
$241.3
+3%
past year
Revenue per Available Rental (RevPAR)
$140.4
+6%
past year
Rapid City Performance Details
Total available listings
1,169
+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 (30%)
91-180 nights (31%)
181-270 nights (20%)
271-365 nights (19%)
Listings by rental type
Entire Home (93%)
Private Room (7%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (17.1%)
Moderate (56.8%)
Strict (24.9%)
Super Strict (1.2%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (47.4%)
3 Nights (13.7%)
4-6 Nights (5.1%)
7-29 Nights (2.0%)
30+ Nights (31.8%)
What amenities do listings have?
Internet
97%
Parking
95%
Wireless Internet
95%
Aircon
95%
Heating
92%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Soujourn | 39 | 0.1% | 5524 | 4.72 |
Evolve | 36 | 0.2% | 783 | 4.83 |
J&J Hospitality | 27 | 0.5% | 1499 | 4.87 |
Bear Property Management | 12 | 0.7% | 657 | 4.88 |
Sands of Alabama Vacation Rentals | 4 | 0.3% | 29 | 4.69 |
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
$2,205,852
+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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