519 Center St E
MadisonSD57042
Cheap Apartments for Rent in Madison, SD from $300 (10 Rentals)
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$740 - $8402 Bedroom Apartments Contact Us For Availability
Heritage High Apartments
210 W Center StMadison, SD 57042
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Rent Specials
$399 - $1,099Studio to 3 Bedroom Apartments Available Now
West Oaks Estates
911 N Oaks AveHartford, SD 57033
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$750 - $1,095Studio to 2 Bedroom Apartments Available Now
Southland Court
818 Southland LnBrookings, SD 57006
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$800 - $1,2452 Bedroom Apartments Contact Us For Availability
#Maple Park Apartments (SD-SF-MPK)(Juliet)
2601 N Maple LnSioux Falls, SD 57107
801 S 1st Ave
Sioux FallsSD57104
623 S Prairie Ave
Sioux FallsSD57104
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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 | $1,002 | $750 | $1,346 |
| Madison 1 Bedroom Apartments | $1,103 | $600 | $2,291 |
| Madison 2 Bedroom Apartments | $1,423 | $740 | $2,396 |
| Madison 3 Bedroom Apartments | $1,600 | $399 | $2,768 |
| Madison 4 Bedroom Apartments | $1,615 | $1,615 | $1,615 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore Madison
Madison, SD Local Guide
- Nearby Cities
- ZIP codes
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- 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. Lake Area Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. 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 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $820 |
| Auburn Manor Apartments | 1x1 619 | 1BR,1BA | $835 |
Best Value Apartments for Rent in Madison, SD and Nearby
As of July 28, 2025 the best value apartment in the Madison area is the $0.92 price per square foot 3x2 Model at 100 W 10th St in the starting from $1,650. The second greatest value Madison apartment is the 3 Bed Model at Cloverfield Townhomes starting at $2,200 with a $1.22 price per square foot in the Downtown Brookings neighborhood. 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. |
|---|---|---|---|
| 100 W 10th St | 3x2 | 3BR,2BA | $0.92 |
| Cloverfield Townhomes | 3 Bed | 3BR,2.5BA | $1.22 |
| Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
| Fifth Street Apartments & Townhouses | Upper Apartment | 3BR,2BA | $1.20 |
| 105 Carly Dr | 2 Bed | 2BR,1.5BA | $1.23 |
| Falls Park Apartments | Rushmore | 3BR,2BA | $1.04 |
| 110 W 10th St | Model A | 2BR,2BA | $1.30 |
| Thelin Center | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.09 |
| Northridge Estates/Perfect Location | One Bedroom/No pets | 1BR,1BA | $1.23 |
| Marion Crossing Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.23 |
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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
Getting 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 $820 at Lake Area 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 $960 at Maple Pass 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 $1,199.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.