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Heritage High Apartments
210 W Center StMadison, SD 57042
Cheap Apartments for Rent in Madison, SD from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.
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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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Rent Specials
from $399Studio to 3 Bedroom Apartments Available Now
West Oaks Estates
911 N Oaks AveHartford, SD 57033
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from $745Studio to 2 Bedroom Apartments Available Now
University Hills Village
4501 N Graduate AveSioux Falls, SD 57107
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from $750Studio to 2 Bedroom Apartments Available Now
Southland Court
818 Southland LnBrookings, SD 57006
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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from $7701 to 3 Bedroom Apartments Available Now
Maple Pass Apartments & Townhomes
310 N Maple AveHartford, SD 57033
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from $775Studio to 3 Bedroom Apartments Contact Us For Availability
Innovation Village
2405 10th StBrookings, SD 57006
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from $795Studio to 3 Bedroom Apartments Available Now
Aspen Commons
5317 W Pine Ridge DrSioux Falls, SD 57107
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from $7951 to 2 Bedroom Apartments Available Now
Marion Crossing Apartments
4200 N Marion RdSioux Falls, SD 57107
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from $799Studio to 3 Bedroom Apartments Available Now
The Boundary
5340 W Vision DrSioux Falls, SD 57107
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from $8002 Bedroom Apartments Available Now
Maple Park Apartments & Townhomes
2601 N Maple LnSioux Falls, SD 57107
801 S 1st Ave
Sioux FallsSD57104
715 W 2nd St
Sioux FallsSD57104
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Madison, SD Local Guide
Kansas Highway 99 to Emporia by Stuart Seeger is licensed under CC BY 2.0
How much does it cost to rent an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Studio Apartments | $965 | $745 | $1,346 |
| Madison 1 Bedroom Apartments | $1,118 | $770 | $2,291 |
| Madison 2 Bedroom Apartments | $1,409 | $740 | $2,396 |
| Madison 3 Bedroom Apartments | $1,597 | $399 | $2,768 |
| Madison 4 Bedroom Apartments | $1,520 | $1,425 | $1,615 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, SD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Madison Apartments for Rent and Nearby
The cheapest available apartment rental in Madison, SD is a Studio unit found at Southland Court in the Downtown Brookings neighborhood priced from $750. Maple Pass Apartments & Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southland Court | Studio - B | Studio,1BA | $750 |
| Maple Pass Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $770 |
| Marion Crossing Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $795 |
| Maple Park Apartments & Townhomes | 2 Bedroom 2 Bathroom Apartment | 2BR,2BA | $800 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $820 |
Best Value Apartments for Rent in Madison, SD and Nearby
As of June 11, 2025 the best value apartment in the Madison area is the $1.00 price per square foot 2 Bedroom Model at Lake Area Townhomes in the starting from $1,250. The second greatest value Madison apartment is the Upper Apartment Model at Fifth Street Apartments & Townhouses starting at $1,450 with a $1.20 price per square foot . Here is today’s list of the best values for Madison apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
| Fifth Street Apartments & Townhouses | Upper Apartment | 3BR,2BA | $1.20 |
| Falls Park Apartments | Rushmore | 3BR,2BA | $0.80 |
| Maple Park Apartments & Townhomes | 2 Bedroom 2 Bathroom Townhome | 2BR,2BA | $1.06 |
| Thelin Center | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.24 |
| Northridge Estates/Perfect Location | One Bedroom/No pets | 1BR,1BA | $1.22 |
| Marion Crossing Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.08 |
| Maple Pass Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.12 |
| Lux North | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.39 |
| Auburn Manor Apartments | 1x1 619 | 1BR,1BA | $1.35 |
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Best Local Schools in Madison, SD
Madison Elementary School - 07
Madison Central School District 39-2
Public School - Grades K-5 (508)
6 out of 10
Madison High School - 01
Madison Central School District 39-2
Public School - Grades 9-12 (382)
4 out of 10
Madison Middle School - 02
Madison Central School District 39-2
Public School - Grades 6-8 (257)
5 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Madison, SD Rentals by Map
See the most popular apartments and homes in Madison, SD
Madison, SD Apartments MapMadison, SD Rental Homes MapGetting Around Madison, SD
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Madison Apartments
What is the Cheapest Studio apartment in Madison?
Currently the most affordable Cheap Studio Apartment in Madison is at Southland Court listed at $750.
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $770 at Maple Pass Apartments & Townhomes.
What is the lowest price for a Cheap Two Bedroom Madison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madison is starting from $800 at Maple Park Apartments & Townhomes.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at Falls Park Apartments and starts from $926.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.