$1,199+ 1bd$1,350+ 2bd
Apartments For Rent in Madison SD - 18 Rentals
18 rentals available
- Lake Area Townhomes Phase I, 418 SW 8th St, Madison, SD 57042
- 2 bds
- 2.5 ba
- 1,244 sqft
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- Lake Area Townhomes Phase II, 311 8th St SW, Madison, SD 57042
- 3 bds
- 2.5 ba
- 1,593 sqft
- Lake Area Townhomes Phase IIB, 415 SE 8th St, Madison, SD 57042
- 1 bd
- 1 ba
- 507 sqft
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- $970+ 2bd$1,030+ 3bd
- Madison 7 unit, 1527 NW 2nd St #7, Madison, SD 57042
- 2 bds
- 1 ba
- 1,000 sqft
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Renting an Apartment in Madison, SD: Frequently Asked Questions
How much does it cost to rent an apartment in Madison?
The median rent for an apartment in Madison, SD is $973 per month, a change of $0 from last month and $873 compared to a year ago. Apartment prices in most markets follow seasonal demand, with more competition and higher asking rents in late spring and summer and softer pricing in late fall and winter.
What should I budget for rent on an apartment in Madison?
The average rent for an apartment in Madison is $973 per month. The typical budgeting guidance is to spend 30% or less of gross monthly income on rent. To comfortably afford rent in Madison this means you’d need to make around $2,920 per month.
What is the cheapest apartment rent price in Madison?
The cheapest apartment rent in Madison, SD is $100 per month, while the most expensive monthly apartment rent is $1,590.
How do apartment costs in Madison compare to the national average?
The median rent for an apartment in Madison is $973 compared to a median apartment rent of $1,762 nationwide. This looks at median rent across all apartment sizes and amenities.









