Property Manager Salary in Rapid City, SD: $54,603 (2026)

Property Manager Pay in Rapid City: What to Expect (2026)

Rapid City offers a median property manager salary of $54,603, which is $1,213 above the South Dakota state average of $53,390. Compared to the national median of $60,670, Rapid City pays below the national benchmark for this role.

Rapid City's cost of living is 90% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for property managers in Rapid City spans from $30,600 at the 10th percentile to $100,800 at the 90th percentile — a $70,200 spread. Entry-level professionals start around $34,200, while senior property managers with 8+ years of experience can earn up to $94,500. Rapid City is a smaller market (pop. 74,703), which may mean fewer openings but also less competition for available positions.

Property Manager Salary in Rapid City by Experience

In Rapid City, an entry-level property manager earns around $34,200, while experienced professionals earn up to $94,500 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)

$34,200

$-3,800 vs national

Mid Level (3-7 yrs)

$55,800

$-6,200 vs national

Senior Level (8+ yrs)

$94,500

$-10,500 vs national

Percentile	Rapid City	SD State	National
10th Percentile	$30,600	$29,920	$34,000
25th Percentile	$39,600	$38,720	$44,000
Median (50th)	$54,603	$53,390	$60,670
75th Percentile	$76,500	$74,800	$85,000
90th Percentile	$100,800	$98,560	$112,000

Percentile

Rapid City

10th Percentile

$30,600

25th Percentile

$39,600

Median (50th)

$54,603

75th Percentile

$76,500

90th Percentile

$100,800

How to Become a Property Manager in Rapid City

Education

Most property manager positions require a high school diploma. Rapid City and the surrounding South Dakota area have institutions offering relevant programs.

Key Skills

Property ManagementTenant RelationsBudgetingMaintenance CoordinationLease ManagementCustomer Service

Job Outlook

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). Demand in Rapid City may vary based on local industry and population growth.

Frequently Asked Questions: Property Manager Salary in Rapid City

How much does a Property Manager make in Rapid City, SD? ▼

The median property manager salary in Rapid City, South Dakota is $54,603 per year, which is 10% below the national median of $60,670. Salaries range from $30,600 (10th percentile) to $100,800 (90th percentile).

How much does a Property Manager make per hour in Rapid City? ▼

Based on the median annual salary of $54,603, a property manager in Rapid City earns approximately $26 per hour assuming a standard 2,080-hour work year.

How does Rapid City compare to the South Dakota state average for property manager pay? ▼

Rapid City's median property manager salary of $54,603 is 2.3% above the South Dakota state average of $53,390. The local cost of living index is 90% of the national average.

What is the cost of living in Rapid City, SD? ▼

Rapid City has a cost of living index of 90% compared to the national average. This means a property manager salary of $54,603 in Rapid City has more purchasing power than the same salary in an average-cost city.

What qualifications do I need to become a property manager in Rapid City? ▼

Most property manager positions in Rapid City require a high school diploma. Key skills include Property Management, Tenant Relations, Budgeting, Maintenance Coordination. The job market is projected to grow 3% nationally over the next decade.

Property Manager Salary in Rapid City, South Dakota