Madison, SD rental market

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Last updated October 2, 2025

Rental market summary

The average rent for all bedrooms and all property types in Madison, SD is $950.

Average rent

$950

Month-over-month change

+$850

Year-over-year change

+$75

Available rentals

6

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $100 to $2,300.

Rent frequencies
Rent priceNumber of rental properties
$01
$8001
$9001
$1,3001
$1,8001
$1,9001
$2,2001
$2,300+1

Average rent price over time

In the last year, rent has increased by $75 compared to the previous year.

Average rent price over time
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$100
Oct$875$1,350
Nov$850No data
Dec$900No 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.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Madison, SD is 53% lower than the national average.

Madison, SDvs.

$950

$2,040

Rent in Madison, SD

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Frequently asked questions

1. What is the average rent in Madison, SD?

The average rent in Madison, SD is $950.

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 $950.

3. How has the rent in Madison, SD changed in the last year?

In the last year, the rent in Madison, SD increased by $75

4. How much has the rent in Madison, SD increased/decreased in the last month?

In the last month, the rent in Madison, SD increased by $850

5. How many available rentals are there in Madison, SD?

There are currently 6 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 $950 — 53.43% lower the national average of $2,040.

Zip codes in Madison, SD