Madison SD Apartments
11 rentals
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Average Rent Trends in Madison, SD
Rent in Madison, SD varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Nov 2026 compared to the previous month. Rent for apartments peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $350 |
| Jan 2026 | $375 |
| Feb 2026 | $720 |
| Mar 2026 | $773 |
| Apr 2026 | $821 |
| May 2026 | $925 |
| Jun 2026 | $1,025 |
| Jul 2026 | $885 |
| Aug 2026 | $871 |
| Sep 2026 | $888 |
| Oct 2026 | $887 |
| Nov 2026 | $965 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $855 | $1,250 | $1,460 | $2,100 | $1,250 |
| Townhomes | ā | ā | ā | $2,100 | $2,100 |
| Apartments and Condos | $850 | $1,250 | $1,075 | ā | $1,050 |
| Houses | ā | ā | $1,600 | $2,200 | $1,800 |
Frequently Asked Questions about Apartments and Condos for rent in Madison, SD
- What is the average rent of an apartment in Madison, SD?The average rent of an apartment in Madison, SD is $953 per month.
- When is the average rent for an apartment cheapest in Madison, SD?In 2025, the average rent for an apartment in Madison, SD was lowest in September when it was $100 per month.
- When is the average rent for an apartment most expensive in Madison, SD?In 2025, the average rent for an apartment in Madison, SD was highest in April when it was $550 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Madison, SD?The average rent of a 1 bedroom apartment in Madison, SD is $853 per month. That is about $198 less than the cost of a studio apartment.
- How many apartments or condos are available to rent in Madison, SD?There are 10 available apartments or condos to rent in Madison, SD.
- What are some zip codes in Madison, SD?Madison, SD includes zip codes such as: 57042.
- What are some cities near Madison, SD?
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