Cheap Apartments for Rent in Monona, IA from $400 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monona.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-16, Page 1 of 1

Monona, IA Local Guide

Cheapest Available Monona Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monona, IA is a 3 Beds unit found at Main Street Apartments priced from $537. 131 S Vine St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Monona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Main Street Apartments3x2.5TH-SS3BR,2BA$537
131 S Vine St2021BR,1BA$550
LINTON VILLAGE2 Bedroom 1 Bathroom2BR,1BA$566
College Suites Peosta3 Bedroom Apartment NOW Available - Price Per B...3BR,2BA$625
The Meadows ApartmentsQuads 2Bd2BR,1BA$700

Best Value Apartments for Rent in Monona, IA and Nearby

As of July 27, 2025 the best value apartment in the Monona area is the $1.10 price per square foot 2BR/2.0BA Model at West Brook 3 in the starting from $1,150. The second greatest value Monona apartment is the 2BR/1.0BA Model at St. Vallerie Apartments starting at $1,050 with a $1.05 price per square foot . Here is today’s list of the best values for Monona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
West Brook 32BR/2.0BA2BR,2BA$1.10
St. Vallerie Apartments2BR/1.0BA2BR,1BA$1.05
Newman Heights4-Bedroom4BR,2BA$0.56
LINTON VILLAGE2 Bedroom 1 Bathroom2BR,1BA$0.59
Penn Place Apartments2 Bedroom/2 Bath2BR,1.5BA$1.05
Wild Grove Apartments - 702 NICC2 Bed Updated2BR,1BA$1.09
Ruxton Apartments2A2BR,2BA$1.09
The Meadows ApartmentsMeadows 2Bd2BR,1BA$0.92
Main Street Apartments1X1-V1BR,1BA$1.04
131 S Vine St2021BR,1BA$0.92

Quick Rent Budget Calculator

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Pet Friendly Lifestyle

Ranked #

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

Explore Monona, IA Rentals by Map

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Getting Around Monona, IA

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

30 / 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 Monona Apartments

What is the Cheapest Studio apartment in Monona?

Currently the most affordable Cheap Studio Apartment in Monona is at Prairie View Apartments listed at $705.

How much is rent for a Cheap One Bedroom Monona Apartment?

The lowest price for a Cheap One Bedroom Monona Apartment is $550 at 131 S Vine St.

What is the lowest price for a Cheap Two Bedroom Monona Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monona is starting from $566 at LINTON VILLAGE.

What is the most affordable Monona Three Bedroom Apartment?

The best deal on a cheap Monona Three Bedroom Apartment rental is at Main Street Apartments and starts from $537.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.