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 June 2026, the average rent in Madison, SD is $985 per month, which is 49% lower than the national average rent of $1,930 per month.
AVERAGE RENT
$985
-1.5%-$15 decrease month-over-month
15.9%$135 increase year-over-year
AVAILABLE RENTALS
12
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $855 |
| 2 Bedrooms | $1,285 |
| 3 Bedrooms | $100 |
| 4 Bedrooms | — |
| All | $985 |
As of June 2026, the average rent for a 1 bedroom rental in Madison, SD is $855 per month, followed by $1,285 for a 2 bedroom rental, and $100 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $850 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $850 |
As of June 2026, the average rent for a 2 bedroom apartment in Madison, SD is $850 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,175 |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | — |
| All | $1,500 |
As of June 2026, the average rent for a 1 bedroom house in Madison, SD is $1,175 per month, followed by $1,500 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +27% compared to the previous year, which is a +$210 increase.
This year (2026)
Last year (2025)
Rent distribution
50% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $100 to $2,400.
