Property Management in Rapid City, SD

Top 10 Property Management Companies

  • COMPANY

    License #: ?

    A&A Professional Property Management

    No Reviews Found


    Based on 2 Reviews Show all


    #1 best rated of 10 Rapid City, SD property management companies

    BASIC INFO

    605-341-7761

    1402 West Rapid Street, Rapid City, SD 57701

    Areas Served
    Rapid City

    ? BBB: A+ Since 1990

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING

    The application fee is $45 for a single adult or $90 for a couple.

  • COMPANY

    License #: ?

    Countryside Property Management

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    #2 best rated of 10 Rapid City, SD property management companies

    BASIC INFO

    605-343-6333

    27 Signal Dr, Rapid City, SD 57701

    Areas Served
    Rapid City

    ? BBB: N/A Since 2009

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING

    credit/screening fee of $40.00 per adult

  • COMPANY

    License #: ?

    Lewis Kirkeby & Hall Property Management

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    #3 best rated of 10 Rapid City, SD property management companies

    BASIC INFO

    605-348-1865

    401 Sturgis St, Rapid City, SD 57702

    Areas Served
    Rapid City

    1-10 employees BBB: N/A Since 1972

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • COMPANY

    License #: ?

    Complete Property Solutions, LLC

    No Reviews Found


    No Reviews Found

    BASIC INFO

    605-341-2435

    809 E Minnesota St, Rapid City, SD 57701

    Areas Served
    Rapid City

    ? BBB: N/A Since ?

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING

    There will be a $35.00 application fee for each applicant. *pet rent of $35.00 per month and a $500.00 pet deposit.

  • COMPANY

    License #: ?

    Fox Meadow Property Management

    No Reviews Found


    No Reviews Found

    BASIC INFO

    605-716-6442

    1200 Range View Cir, Rapid City, SD 57701

    Areas Served
    Rapid City

    ? BBB: N/A Since ?

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING

    There is a non-refundable application fee of $30 for single individuals or $45 for joint applicants.

  • COMPANY

    License #: 10906

    Kahler Property Management

    No Reviews Found


    No Reviews Found

    BASIC INFO

    605-343-7525

    2040 W Main St #100, Rapid City, SD 57702

    Areas Served
    Rapid City

    ? BBB: N/A Since ?

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING

    The application fee of $40.00 per adult

  • COMPANY

    License #: ?

    Lester Hospitality Management

    No Reviews Found


    No Reviews Found

    BASIC INFO

    605-342-2222

    2525 W Main St, Rapid City, SD 57702

    Areas Served
    Rapid City

    ? BBB: N/A Since ?

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • COMPANY

    License #: 13728

    MLM Asset Management, LLC

    No Reviews Found


    No Reviews Found

    BASIC INFO

    605-381-2113

    333 West Blvd, Rapid City, SD 57701

    Areas Served
    Rapid City

    ? BBB: N/A Since ?

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • COMPANY

    License #: 10791

    NWE Management Company

    No Reviews Found


    No Reviews Found

    BASIC INFO

    605-394-3310

    314 Founders Park Dr, Rapid City, SD 57701

    Areas Served
    Rapid City

    ? BBB: N/A Since 1987

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING
  • COMPANY

    License #: 13537

    Thrive Property Management

    No Reviews Found


    No Reviews Found

    BASIC INFO

    605-721-9095

    1425 Mt Rushmore Rd, Rapid City, SD 57701

    Areas Served
    Rapid City

    1-10 employees BBB: A Since 2015

    SERVICE TYPES
    Residential
    Commercial
    Hoa
    PRICING

Rapid City vs Nearby Cities

Rapid City rests just east of the Black Hills National Forest in western South Dakota. With a median listing price for homes around $250,000 or $200 per square foot, the city’s real estate market reflects prices slightly higher than those in many surrounding cities. In Hot Springs and Belle Fourche, the median listing price is much closer to $200,000 if not a bit below. There are some cities in this area offering higher prices due to limited inventories. For instance, the median listing price is around $300,000 in Sturgis. Home prices in this city can range from under $100,000 to more than $500,000, and there are often fewer than 100 homes available.

Rapid City Property Managers

When real estate investors and property managers can’t properly maintain their rental units, they often hire property managers to take over the day-to-day operations. Duties can range from basic rent collection and customer service to complete operational control. Managers often have enough real estate knowledge to help set competitive rent prices.

Rapid City Property Management Fees

While some property management companies will work for a flat fee per month, most charge a percentage of the monthly rent value. The average managerial fee is around 10 percent, but some companies will charge less for contracts that include fewer services. Owners or investors are still required to cover daily operational expenses.

South Dakota Landlord/Tenant Laws

  • South Dakota landlords can legally charge no more than the equivalent of one month’s rent when asking a new tenant for a security deposit.
  • If a tenant requests an itemized list of deductions from their security deposit, the landlord has up to 45 days from the move-out date to deliver the list plus the remaining portion of the deposit.