407 N Covell Ave
Sioux FallsSD57104
Cheap Homes for Rent in Madison, SD from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Madison.
623 S Prairie Ave
Sioux FallsSD57104
203 S Covell Ave
Sioux FallsSD57104
425 N Prairie Ave
Sioux FallsSD57104
1301 John Deere Cir
MadisonSD57042
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.
625 S Prairie Ave
Sioux FallsSD57104
711 Dakota Ave
Dell RapidsSD57022
3506 S Sertoma Ave
Sioux FallsSD57106
3612 N 6th Ave
Sioux FallsSD57104
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1505 Neil Ave
Dell RapidsSD57022
427 S Prairie Ave
Sioux FallsSD57104
527 S Hawthorne Ave
Sioux FallsSD57104
Showing Results 1-12, 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 | $1,285 | $750 | $1,950 |
| Madison 3 Bedroom Homes for Rent | $1,536 | $899 | $2,500 |
| Madison 4 Bedroom Homes for Rent | $2,237 | $1,995 | $2,795 |
| Madison 5 Bedroom Homes for Rent | $3,199 | $3,199 | $3,199 |
Browse Top Homes for Rent in Madison
Explore 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. University Hills Village has the second lowest priced unit, which is a Studio apartment currently listed from $825. 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 |
| University Hills Village | Studio - 559 sqft | Studio,1BA | $825 |
| Auburn Manor Apartments | One Bedroom | 1BR,1BA | $835 |
| Jefferson Reserve Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $845 |
| West Oaks Estates | Efficiency Unit | Studio,1BA | $849 |
Best Value Apartments for Rent in Madison, SD and Nearby
As of October 09, 2025 the best value apartment in the Madison area is the $0.95 price per square foot 3 Bedroom 2.5 Bathroom Townhome Model at Pinnacle Townhomes in the in the Northwest Sioux Falls neighborhood starting from $1,755. The second greatest value Madison apartment is the 3x2 Model at 100 W 10th St starting at $1,650 with a $0.92 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 | $0.95 |
| 100 W 10th St | 3x2 | 3BR,2BA | $0.92 |
| The Brixx Villas | 3 Bedrooms, 2 Bathrooms | 3BR,2BA | $1.25 |
| 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 | $1.04 |
| Falls Park Apartments | Rushmore | 3BR,2BA | $0.87 |
| Thelin Center | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.16 |
| Northridge Estates/Perfect Location | One Bedroom/No pets | 1BR,1BA | $1.23 |
| Marion Crossing Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.18 |
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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)
7 out of 10
Madison High School - 01
Madison Central School District 39-2
Public School - Grades 9-12 (382)
5 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
Frequently Asked Questions about Madison
What type of rentals are currently available in Madison?
There are currently 53 Apartments for Rent in Madison, SD with pricing that ranges from $399 to $2,500. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison ranging from $675 to $3,199.
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 $675 to $3,199 with an average monthly rent of $1,667.
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 $399 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,096.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.