309 W Washington Ave
HowardSD57349
Cheap Homes for Rent near Madison, SD from $695 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
133 S Summit Ave
Sioux FallsSD57104
116 S Garfield Ave
Sioux FallsSD57104
734 W 10th St
Sioux FallsSD57104
112 N Prairie Ave
Sioux FallsSD57104
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
440 S Western Ave
Sioux FallsSD57104
120 S Garfield Ave
Sioux FallsSD57104
212 N Euclid Ave
Sioux FallsSD57104
300 Medary Ave S
BrookingsSD57006
334 N Covell Ave
Sioux FallsSD57104
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.
Showing Results 1-10, Page 1 of 1
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 a home in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison 2 Bedroom Homes for Rent | $1,089 | $800 | $1,295 |
| Madison 3 Bedroom Homes for Rent | $1,754 | $995 | $2,200 |
| Madison 4 Bedroom Homes for Rent | $2,197 | $1,695 | $3,595 |
| Madison 5 Bedroom Homes for Rent | $1,595 | $1,595 | $1,595 |
Browse Top Homes for Rent in Madison
Explore 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 1 Bed unit found at Egan Avenue Residence priced from $645. Crooks Reserve has the second lowest priced unit, which is a 1 Bed apartment currently listed from $774. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Egan Avenue Residence | Bedroom C | 1BR,1BA | $645 |
| Crooks Reserve | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $774 |
| Auburn Manor Apartments | One Bedroom | 1BR,1BA | $835 |
Best Value Apartments for Rent in Madison, SD and Nearby
As of August 30, 2026 the best value apartment in the Madison area is the $1.19 price per square foot 3 Bedroom 2.5 Bathroom Townhome Model at Pinnacle Townhomes in the in the Northwest Sioux Falls neighborhood starting from $2,199. The second greatest value Madison apartment is the Rent Special - 3 Bed, 2 Bath Townhomes Model at Maple Pass Apartments & Townhomes starting at $1,725 with a $1.28 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. |
|---|---|---|---|
| Pinnacle Townhomes | 3 Bedroom 2.5 Bathroom Townhome | 3BR,2.5BA | $1.19 |
| Maple Pass Apartments & Townhomes | Rent Special - 3 Bed, 2 Bath Townhomes | 3BR,2BA | $1.28 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $0.72 |
| 100 W 10th St | 2x1.5 | 2BR,1.5BA | $1.09 |
| Jefferson Reserve Apartments | 3 Bed 2 Bath Apartment | 3BR,2BA | $1.15 |
| Campus View | 2 Bed + 2 Bath | 2BR,2BA | $1.20 |
| The Atlas | Upper Level- 2 Bedroom 2 Bathroom | 2BR,2BA | $1.28 |
| Thelin Center | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.22 |
| Parkview Apartments and Townhomes | 2 bedroom apartment | 2BR,1BA | $1.21 |
| Northridge Estates/Perfect Location | One Bedroom/No pets | 1BR,1BA | $1.22 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
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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Best Local Schools in Madison, SD
Madison Elementary School - 07
Madison Central School District 39-2
Public School - Grades K-5 (515)
8 out of 10
Madison High School - 01
Madison Central School District 39-2
Public School - Grades 9-12 (382)
6 out of 10
Madison Middle School - 02
Madison Central School District 39-2
Public School - Grades 6-8 (270)
7 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
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 65 Apartments for Rent in Madison, SD with pricing that ranges from $645 to $2,205. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $695 to $3,595.
What is the current price range for Rental Homes in Madison?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison ranges from $695 to $3,595 with an average monthly rent of $1,436.
How much are larger Three and Four Bedroom Rentals in Madison?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison range from $1,020 to $2,205, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,500.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.