What's the average rent in Madison, SD?
Rental Market Trends in Madison, SD
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SOURCE: TRULIA DATA
Rental market highlights
As of July 2026, the average rent in Madison, SD is $950 per month, which is 52% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$950
11.1%$95 increase month-over-month
11.8%$100 increase year-over-year
AVAILABLE RENTALS
13
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $855 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $100 |
| 4 Bedrooms | — |
| All | $950 |
As of July 2026, the average rent for a 1 bedroom rental in Madison, SD is $855 per month, followed by $1,200 for a 2 bedroom rental, and $100 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $825 |
| 2 Bedrooms | $850 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $850 |
As of July 2026, the average rent for a 1 bedroom apartment in Madison, SD is $825 per month, followed by $850 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $2,200 |
| 4 Bedrooms | — |
| All | $1,300 |
As of July 2026, the average rent for a 2 bedroom house in Madison, SD is $1,200 per month, followed by $2,200 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +23% compared to the previous year, which is a +$170 increase.
This year (2026)
Last year (2025)
Rent distribution
56% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $100 to $2,200.
