57703 — Rapid City, SD Home Values
Typical home value $363,792 as of June 2026 · 12th of 15 in Rapid City, SD
Blue: typical home value (Zillow ZHVI) in ZIP code 57703, June 2021 to June 2026. This page shows observed data only; no forecast.
How 57703 compares in the Rapid City, SD area
ZIP code 57703 (Rapid City, SD) has a typical home value of $363,792 as of June 2026, ranking 12th of 15 ZIP codes tracked in the Rapid City, SD area, more expensive than about 27% of ZIP codes in the metro. Prices here have moved +2.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +30.4%, from $278,971 in June 2021 to $363,792 in June 2026. Against observed rent, the typical home here sells for 19.5× the annual rent ($1,554/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Rapid City, SD forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Rapid City.
Population and demographics
ZIP code 57703 has a population of 17,543, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 77.1% White, 7.6% two or more races, 7.2% Hispanic or Latino, 5.6% American Indian or Alaska Native, 1.6% Asian, 0.8% Black or African American, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Rapid Valley Elementary - 12 | 2601 Covington St, Rapid City, SD | 6.4 mi |
| Valley View Elementary - 13 | 4840 Homestead St, Rapid City, SD | 7 mi |
| East Middle School - 30 | 4860 Homestead St, Rapid City, SD | 7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 57703?
$363,792 as of June 2026, the latest month Zillow has published observed data for.
Is 57703 an expensive ZIP code in the Rapid City, SD area?
57703 ranks 12th of 15 ZIP codes in the Rapid City, SD area by typical home value, more expensive than about 27% of ZIP codes in the metro.
How much have home values in 57703 changed over the past year?
+2.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 57703?
The typical home price is 19.5× the observed annual rent in this ZIP code ($1,554/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 57703?
17,543, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 57703?
Rapid Valley Elementary - 12 (6.4 mi), Valley View Elementary - 13 (7 mi), East Middle School - 30 (7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 57703?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Rapid City, SD forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.