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 September 2026, the average rent in Madison, SD is $975 per month, which is 50% lower than the national average rent of $1,962 per month.
AVERAGE RENT
$975
6.5%$59 increase month-over-month
875.0%$875 increase year-over-year
AVAILABLE RENTALS
9
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $855 |
| 2 Bedrooms | $800 |
| 3 Bedrooms | $1,030 |
| 4 Bedrooms | $2,550 |
| All | $975 |
As of September 2026, the average rent for a 1 bedroom rental in Madison, SD is $855 per month, followed by $800 for a 2 bedroom rental, $1,030 for a 3 bedroom rental, and $2,550 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $800 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $800 |
As of September 2026, the average rent for a 2 bedroom apartment in Madison, SD is $800 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | $2,550 |
| All | $2,550 |
As of September 2026, the average rent for a 4 bedroom house in Madison, SD is $2,550 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +875% compared to the previous year, which is a +$875 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 $2,550.
