Median Age
35 Years
Largest Age Group
20-29 Years
Approximately 18% of Residents
Under 20
25%
Over 65
19%
Area Guide
Avg Rent
$856
Population
6,061
Renter Mix
41% Rent
Surrounded by rural South Dakota, Madison is a quaint city offering affordable rentals and a small town way of life. Home to Dakota State University, Madison has a college town vibe and a youthful presence, as well as a family-friendly atmosphere. Though Madison is mostly made up of residential neighborhoods, there are various local and chain dining options and an array of small businesses that keep this city as convenient as possible.
The closest major metropolis to Madison is Sioux Falls. Residents can get to this sprawling urban oasis in about an hour. Residents can take Highway 34 to get onto Interstate 29, located just a few miles east of town. Historic homes, public schools, churches, and community parks make up this peaceful suburb of South Dakota.
Median Household Income
$59,038
Average: $71,414
Education
1,585
Residents Have a Degree
Job Market
3,211
Workers Employed
Median Age
35 Years
Largest Age Group
20-29 Years
Approximately 18% of Residents
Under 20
25%
Over 65
19%
Housing Distribution
Madison has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of June 2026, the average apartment rent in Madison, SD is $1,050 for a studio, $856 for one bedroom, $933 for two bedrooms, and $1,228 for three bedrooms. Apartment rent in Madison has increased by 1.9% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Madison, SD is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Madison Elementary School - 07
Public
Grades K-5
508 Students
Public
Grades K-8
36 Students
Public
Grades 6-8
257 Students
Public
Grades K-8
36 Students
Public
Grades 9-12
382 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.