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Heritage High Apartments
210 W Center StMadison, SD 57042
Cheap Apartments for Rent in Madison, SD from $300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison.
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from $399Studio to 3 Bedroom Apartments Available Now
West Oaks Estates
911 N Oaks AveHartford, SD 57033
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from $745Studio to 2 Bedroom Apartments Available Now
University Hills Village
4501 N Graduate AveSioux Falls, SD 57107
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from $775Studio to 3 Bedroom Apartments Contact Us For Availability
Innovation Village
2405 10th StBrookings, SD 57006
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from $7951 Bedroom Apartments Available Now
Auburn Manor Apartments
3901 W Innovation StSioux Falls, SD 57107
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from $795Studio to 2 Bedroom Apartments Available Now
Southland Court
818 Southland LnBrookings, SD 57006
407 N Covell Ave
Sioux FallsSD57104
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
715 W 2nd St
Sioux FallsSD57104
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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 an apartment in Madison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Studio Apartments | $944 | $745 | $1,346 |
| Madison 1 Bedroom Apartments | $1,135 | $795 | $1,885 |
| Madison 2 Bedroom Apartments | $1,423 | $740 | $2,257 |
| Madison 3 Bedroom Apartments | $1,630 | $399 | $2,844 |
| Madison 4 Bedroom Apartments | $1,615 | $1,615 | $1,615 |
Browse Top Apartments in Madison
See all Apartments in MadisonExplore 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 1 Bed unit found at Auburn Manor Apartments in the Northwest Sioux Falls neighborhood priced from $795. Southland Court in the Downtown Brookings neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Madison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Auburn Manor Apartments | 1x1 619 | 1BR,1BA | $795 |
| Southland Court | Studio - B | Studio,1BA | $795 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $810 |
| Maple Park Apartments & Townhomes | 2 Bedroom 2 Bathroom Apartment | 2BR,2BA | $820 |
| University Hills Village | Studio - 559 sqft | Studio,1BA | $825 |
Best Value Apartments for Rent in Madison, SD and Nearby
As of April 21, 2025 the best value apartment in the Madison area is the $1.20 price per square foot Upper Apartment Model at Fifth Street Apartments & Townhouses in the starting from $1,450. The second greatest value Madison apartment is the 1 Bedroom Model at Lake Area Townhomes starting at $810 with a $0.68 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. |
|---|---|---|---|
| Fifth Street Apartments & Townhouses | Upper Apartment | 3BR,2BA | $1.20 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $0.68 |
| Falls Park Apartments | Rushmore | 3BR,2BA | $0.80 |
| Maple Park Apartments & Townhomes | 2 Bedroom 2 Bathroom Townhome | 2BR,2BA | $1.07 |
| 110 W 10th St | Model A | 2BR,2BA | $1.25 |
| Northridge Estates/Perfect Location | One Bedroom/Pets ok | 1BR,1BA | $1.21 |
| Thelin Center | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.24 |
| Marion Crossing Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.19 |
| Maple Pass Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.24 |
| Auburn Manor Apartments | 1x1 619 | 1BR,1BA | $1.28 |
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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)
6 out of 10
Madison High School - 01
Madison Central School District 39-2
Public School - Grades 9-12 (382)
4 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
Madison, SD Apartments MapMadison, SD Rental Homes MapGetting Around Madison, SD
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Madison Apartments
What is the Cheapest Studio apartment in Madison?
Currently the most affordable Cheap Studio Apartment in Madison is at Southland Court listed at $795.
How much is rent for a Cheap One Bedroom Madison Apartment?
The lowest price for a Cheap One Bedroom Madison Apartment is $795 at Auburn Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Madison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madison is starting from $820 at Maple Park Apartments & Townhomes.
What is the most affordable Madison Three Bedroom Apartment?
The best deal on a cheap Madison Three Bedroom Apartment rental is at Falls Park Apartments and starts from $926.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.