Luxury Apartments for Rent in Madison, SD
12 rentals
- APPLY INSTANTLYFURNISHED
- PET FRIENDLY$1,050 - $1,350/moStudio-2 Beds1 BathWashington Flats | 1034 Washington Ave S #fb5e49851,
Madison, SD 57042 - NEW - 23 MIN AGOAPPLY INSTANTLY
- PET FRIENDLY
- APPLY INSTANTLY
- PET FRIENDLY
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Apartments For Rent Near Madison, SD
We found 30 more apartments matching your filters just outside Madison
- APPLY INSTANTLYPET FRIENDLY
- APPLY INSTANTLYFURNISHED
- PET FRIENDLY
- NEW - 2 DAYS AGOAPPLY INSTANTLY
- $960 - $1,810/moStudio-2 Beds1-2 BathsApartments @ Trails Head | 1130 Main Ave S #aa6549a59,
Brookings, SD 57006 - $925 - $1,800/moStudio-2 Beds1 BathParagon on Campanile | 618 Campanile Ave #4480a2ca3,
Brookings, SD 57006 - $1,400 - $1,770/mo2-3 Beds1-3 BathsMonument View Townhomes | 426 Patriot Pass #67,
Brookings, SD 57006 - $981 - $1,740/moStudio-2 Beds1-2 BathsForte of Brookings | 2123 Tallgrass Pkwy #3034,
Brookings, SD 57006 - $1,191 - $1,600/mo2-3 Beds2-3 BathsBrookings Edgebrook Townhomes | 2203 Ace Ave #4aa29e282,
Brookings, SD 57006
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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $750 |
| Aug 2025 | $835 |
| Sep 2025 | $100 |
| Oct 2025 | $1,350 |
| Nov 2025 | $1,350 |
| Dec 2025 | $600 |
| Jan 2026 | $650 |
| Feb 2026 | $750 |
| Mar 2026 | $925 |
| Apr 2026 | $990 |
| May 2026 | $985 |
| Jun 2026 | $1,121 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $855 | $850 | $100 | — | $855 |
| Apartments and Condos | — | $850 | — | — | $850 |
| Houses | — | — | — | — | $2,100 |
Frequently Asked Questions about Rentals in Madison, SD
- What is the average rent of an apartment in Madison, SD?The average rent of an apartment in Madison, SD is $966 per month. This is about 51% lower than the national average.
- What is the average rent of a house in Madison, SD?The average rent of a house in Madison, SD is $2,100 per month. This is about 8% higher than the national average.
- When is the average rent cheapest in Madison, SD?In the last year, the average rent in Madison, SD was lowest in Sep 2025 when it was $100 per month.
- When is the average rent most expensive in Madison, SD?In the last year, the average rent in Madison, SD was highest in Oct 2025 when it was $1,350 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 $855 per month. That is about $335 more than the cost of a studio apartment.
- How many available rental listings are in Madison, SD?There are 12 available rental listings 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?