Looking for your next home sweet home? Come visit Canyon Lake Apartments today! Located in western Rapid City, SD, we are a stunning apartment community surrounded by plentiful nature and awe-inspiring views. At Canyon Lake, our obsession is your comfort.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Canyon Lake Apartments by bedroom type below.
1 Bedroom
Suggested income:
$36,000
per year
2 Bedroom
Suggested income:
$42,500
per year
3 Bedroom
Suggested income:
$50,900
per year
Rent report
Canyon Lake Apartments Rent vs. Rapid City Average
Canyon Lake Apartments
Rapid City Average
1BR
$1,000
$1,055
$0
$350
$700
$1,050
$1,400
2BR
$1,180
$1,225
$0
$400
$800
$1,200
$1,600
3BR
$1,415
$1,533
$0
$500
$1,000
$1,500
$2,000
Canyon Lake Apartments is asking 4%
less than the average 2 bedroom apartment in
Rapid City.
If you upsized to an average priced Rapid City 3 bedroom apartment, you would pay
20% more per month.
If you downsized to an average priced Rapid City 1 bedroom apartment,
you would pay 16% less per month.
Canyon Lake Apartments provides 27%
less square footage than the average
Rapid City 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Canyon Lake Apartments
1BR
$1,000
$1.80
$3,000
2BR
$1,180
$1.70
$3,540
3BR
$1,415
$1.50
$4,245
Rapid City Average
Studio
$836
$1.60
$2,509
1BR
$1,055
$1.50
$3,166
2BR
$1,225
$1.30
$3,676
3BR
$1,533
$1.20
$4,600
4BR
$2,176
$1.00
$6,527
Availability in Rapid City
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 80 2BR
units on the market in Rapid City. If you're looking to negotiate, this may be your best option.
Studio
1BR
2BR
3BR
4BR
Available Units in Rapid City
Studio
28
1BR
62
2BR
80
3BR
46
4BR
7
Location
Nearby Hospitals
NameDistance
Phs Indian Hospital At R API D City Sioux San0.6 mi.
Regional Behavioral Health Center1.53 mi.
Same Day Surgery Center Limited Liability Part NER Ship2.67 mi.
Nearby Fire Stations
NameDistance
Clearwater Township Fire Department2.97 mi.
Rapid City Fire Department3.33 mi.
Rockerville Volunteer Fire Department, Inc.4.8 mi.
FAQs
Is this property currently leasing units?
Yes. There are 4 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 4 units available for move-in over the next 2 months. The soonest move-in date is May 14, 2025.
What's the square footage of the available units?
The available units range from 565 to 925 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1, 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,000 to $1,845. Canyon Lake Apartments has 1 bedroom units available starting at $1,000, 2 bedroom units available starting at $1,170, and 3 bedroom units available starting at $1,415.
Where is this property located?
This property is at 3741 Canyon Lake Drive in Rapid City, SD. It's 2.7 miles west from the center of Rapid City.