2 Bedroom Apartments for Rent in Madison, SD (64 Rentals)

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Madison Arms Apartments
2 Bedroom Apartments

Madison Arms Apartments

1030 N Lincoln AveMadison, SD 57042
  • Utilities Included
  • Smoke Free
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Evergreen Estates
2 Bedroom Apartments

Evergreen Estates

1005 NE 4th StMadison, SD 57042
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Lakeview Tower
2 Bedroom Apartments

Lakeview Tower

111 S Washington AveMadison, SD 57042

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Madison, SD Local Guide

Largest Available Madison and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Madison, SD is found at University Hills Village and is 1,280 square feet priced from $1,750. Lake Area Townhomes has the second largest 2 Bedroom, which is sized at 1,195 square feet and currently listed start at $1,285. Here is today’s list of the largest available 2 Bedroom units in Madison:

Apartment ListingModel NameSquare FootagePriced From
University Hills VillageB2 Unit - 2 BD/2 BA - Non-Smoking1,280 Sq Ft$1,750
Lake Area Townhomes2 Bedroom1,195 Sq Ft$1,285
Marion Crossing Apartments2 Bed 2 Bath Apartment1,149 Sq Ft$1,140
100 W 10th St2x1.51,100 Sq Ft$1,195
Northridge Estates/Perfect LocationTwo Bed/Two Bath/Pets OK1,080 Sq Ft$1,150
Trails HeadRiver Bend1,026 Sq Ft$1,700
Wilmot Estates Apartments2 Bedroom 2 Bathroom Apartment1,020 Sq Ft$1,340
Forte of Brookings: 50+ Community!Wren1,002 Sq Ft$1,690
The BoundaryNEW LAYOUT 2 Bedroom 2 Bathroom Upper970 Sq Ft$1,295
Sioux Village2 Bedroom849 Sq Ft$1,385

Cheapest Available Madison and Nearby 2 Bedroom Apartments

As of July 02, 2026 the lowest priced 2 Bedroom apartment unit in Madison, SD is the 2 bedroom apartment Model starting from $935 at Parkview Apartments and Townhomes . The second most affordable Madison 2 Bedroom is the 2 Bedroom 2 Bathroom Model at Lux North starting at $1,133 in the Northwest Sioux Falls neighborhood. The average price for all 2 Bedroom apartments in Madison is currently $1,376. Here is today’s list of the cheapest available 2 Bedroom options in Madison:

Apartment ListingModel NamePriced From
Parkview Apartments and Townhomes2 bedroom apartment$935
Lux North2 Bedroom 2 Bathroom$1,133
Marion Crossing Apartments2 Bed 1 Bath Apartment$1,135
Northridge Estates/Perfect LocationTwo Bed Two Bath/ No Pets$1,150
100 W 10th St2x1.5$1,195
Jefferson Heights Apartments, LLC2Bed/2Bath$1,225
The Brixx2x2$1,230
Wilmot Estates Apartments2 Bedroom 1 Bathroom Apartment$1,265
Lake Area Townhomes2 Bedroom$1,285
The BoundaryNEW LAYOUT 2 Bedroom 2 Bathroom Upper$1,295

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about 2 Bedroom Madison Apartments

What is the Cheapest apartment in Madison with 2 Bedroom?

Currently the most affordable 2 Bedroom in Madison is at Parkview Apartments and Townhomes listed at $935.

How much is the average rent for a 2 Bedroom Madison Apartment?

The average rent for a 2 Bedroom Apartment in Madison is $1,376.

What is the largest available 2 Bedroom Madison Apartment for rent?

Today's apartment with the most square footage in Madison is a 1,280 square feet unit starting from $1,750 at University Hills Village.

What is the average size for Madison 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Madison is currently 975 sq ft.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.