BEST ANSWER
FIRST ANSWER
Hello!
If you run a search for other homes that are for sale in the area - there's one listed on 426 East Jackson - and look below the map on the listing details page, there is a button to "view all comparables." That will run you a list of the comps in the area with breakdowns on bedrooms, bathrooms, price per square foot, etc.
I contacted the rental firm associated with our office to see if I could get an idea of what a home in that area would rent for. Sounds like a nice, 3 bedroom home with single car garage was renting in the $800.00 range. However, if it is more run down, that price drops down to around $600.00 per month or so. They rented a 3 bedroom, 1 bath home on East Jackson for over $800.00, but they are still advertising one for rent on Van Buren (2 bed, 1 3/4 bath) for $625.00. How much you might be able to get also depends on the time of year, when people are looking, etc.
I hope this helps. If I can help you with your purchase or get you a listing of other comps in the area that may not be listed on Trulia, please feel free to contact me!
Tristan Emond
Broker Associate
Prudential Kahler REALTORS
605-391-7086
tristan@rapidhomesonline.com
2401 W Main
Rapid City, SD 57701
Thu Sep 4 2008, 08:49