Cheap Apartments for Rent in Madison, SD from $500(22 Rentals)

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Egan Avenue Residence
Rent Specials
from $5251 Bedroom Apartments

Egan Avenue Residence

703-709 Egan Ave NMadison, SD 57042
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Lincoln Arms Apartments
from $6361 to 2 Bedroom Apartments

Lincoln Arms Apartments

1036 N Lincoln AveMadison, SD 57042
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Evergreen Estates
from $7392 Bedroom Apartments

Evergreen Estates

1005 NE 4th StMadison, SD 57042
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Showing Results 1-22, Page 1 of 1

Madison, SD Local Guide

Cheapest Available Madison Apartments for Rent and Nearby

 

The cheapest available apartment rental in Madison, SD is a 2 Beds unit found at Maple Park Apartments & Townhomes in the Northwest Sioux Falls neighborhood priced from $770. Auburn Manor Apartments in the Northwest Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Madison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Maple Park Apartments & Townhomes2 Bedroom 2 Bathroom Apartment2BR,2BA$770
Auburn Manor Apartments1x1 6191BR,1BA$795
Lake Area Townhomes1 Bedroom1BR,1BA$810
University Hills VillageStudio - 559 sqftStudio,1BA$825
Marion Crossing Apartments1 Bed 1 Bath Apartment1BR,1BA$825

Best Value Apartments for Rent in Madison, SD and Nearby

As of December 27, 2024 the best value apartment in the Madison area is the $0.80 price per square foot 2x1.5 Model at 100 W 10th St in the starting from $1,200. The second greatest value Madison apartment is the 3 x 2 Model at Country Side Villas starting at $1,305 with a $0.97 price per square foot . Here is today’s list of the best values for Madison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
100 W 10th St2x1.52BR,1.5BA$0.80
Country Side Villas3 x 23BR,2BA$0.97
Lake Area Townhomes2 Bedroom2BR,2.5BA$1.00
Fifth Street Apartments & TownhousesUpper Apartment3BR,2BA$1.20
Falls Park ApartmentsRushmore3BR,2BA$0.89
Maple Park Apartments & Townhomes2 Bedroom 2 Bathroom Townhome2BR,2BA$0.77
Maple Pass Apartments & Townhomes2 Bed 1 Bath Apartment2BR,1BA$1.14
Parkview Apartments and Townhomes2 bedroom apartment2BR,1BA$1.20
Thelin Center1 Bedroom 1 Bathroom1BR,1BA$1.24
Marion Crossing Apartments1 Bed 1 Bath Apartment1BR,1BA$1.12

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Best Local Schools in
Madison, SD

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Madison, SD Rentals by Map

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See the most popular apartments and homes in Madison, SD

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Getting 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 University Hills Village listed at $825.

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 $770 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 $1,026.

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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.