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Rapid City vs Mitchell: Housing

Rapid CityMitchell
Median Home Value$299,400$192,200
Median Gross Rent$1,109/mo$851/mo
Homeownership Rate62.9%56.6%
Rent as Share of Income18.8%17.4%

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.