Madison, SD rental market
What is the average rent in Madison, SD?
Last updated June 9, 2026
Rental market summary
The average rent for all bedrooms and all property types in Madison, SD is $989.
Average rent
$989
Month-over-month change
+$4
Year-over-year change
+$214
Available rentals
10
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $100 to $2,400.
| Rent price | Number of rental properties |
|---|---|
| $0 | 1 |
| $500 | 1 |
| $600 | 1 |
| $900 | 3 |
| $1,100 | 1 |
| $1,200 | 1 |
| $2,000 | 1 |
| $2,100 | 1 |
| $2,300 | 1 |
| $2,400+ | 1 |
Average rent price over time
In the last year, rent has increased by $214 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $800 | $650 |
| Feb | $900 | $750 |
| Mar | $775 | $925 |
| Apr | $1,000 | $990 |
| May | $775 | $985 |
| Jun | $850 | $1,121 |
| Jul | $750 | No data |
| Aug | $835 | No data |
| Sep | $100 | No data |
| Oct | $1,350 | No data |
| Nov | $1,350 | No data |
| Dec | $600 | No data |
Market temperature
The Madison, SD rental market temperature is COOL. 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 51% lower than the national average.
$989
$2,000
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Frequently asked questions
1. What is the average rent in Madison, SD?
2. What is the average rent for a studio apartment in Madison, SD?
3. What is the average rent for a one-bedroom apartment in Madison, SD?
4. What is the average rent for a two-bedroom apartment in Madison, SD?
5. What is the average rent for a three-bedroom apartment in Madison, SD?
6. What is the average rent for a four-bedroom apartment in Madison, SD?
7. How much does it cost to rent a house in Madison, SD?
8. How has the rent in Madison, SD changed in the last year?
9. How much has the rent in Madison, SD increased/decreased in the last month?
10. How many available rentals are there in Madison, SD?
11. How do rent prices in Madison, SD compare with the national average?
Nearby areas
Zip codes in Madison, SD
