Renting in Madison

Madison's rental market runs genuinely affordable, with a real, disclosed cross-source spread this record does not resolve to one confident figure.

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A real, disclosed rent spread

Median gross rent ran a cited $1,035/month (2024) per one source, and a separate, lower $805/month per another -- a real, disclosed spread this record does not resolve to one number.

Genuinely affordable in either case

Both cited figures run genuinely affordable relative to national rental comparisons this dataset has cited elsewhere.

South Dakota's statewide landlord-tenant law governs

Standard lease terms and South Dakota statewide landlord-tenant law apply in Madison as elsewhere in the state.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.