Madison, SD rental market
Last updated August 10, 2025
Rental market summary
The average rent for all bedrooms and all property types in Madison, SD is $800.
$800
-$50
-$100
5
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $100 to $2,300.
| Rent price | Number of rental properties |
|---|---|
| $0 | 1 |
| $500 | 1 |
| $600 | 1 |
| $700 | 1 |
| $800 | 2 |
| $900 | 1 |
| $2,200 | 1 |
| $2,300+ | 1 |
Average rent price over time
In the last year, rent has decreased by $100 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,000 | $800 |
| Feb | $1,000 | $900 |
| Mar | $1,000 | $775 |
| Apr | $950 | $1,000 |
| May | $100 | $775 |
| Jun | $600 | $850 |
| Jul | $600 | $750 |
| Aug | $900 | $835 |
| Sep | $925 | No data |
| Oct | $875 | No data |
| Nov | $850 | No data |
| Dec | $900 | No data |
Market temperature
The Madison, SD rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Madison, SD is 62% lower than the national average.
$800
$2,100
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Rent trends near Madison, SD
Frequently asked questions
1. What is the average rent in Madison, SD?
The average rent in Madison, SD is $800.
2. How much does it cost to rent a house in Madison, SD?
Houses in Madison, SD rent between $100 - $2,300 with an average rent of $800.
3. How has the rent in Madison, SD changed in the last year?
In the last year, the rent in Madison, SD decreased by $100
4. How much has the rent in Madison, SD increased/decreased in the last month?
In the last month, the rent in Madison, SD decreased by $50
5. How many available rentals are there in Madison, SD?
There are currently 5 rentals available in Madison, SD.
6. How do rent prices in Madison, SD compare with the national average?
The average rent in Madison, SD is $800 — 61.9% lower the national average of $2,100.