Cheap Apartments for Rent near Monona, IA from $500 (45 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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131 S Vine St
1 to 2 Bedroom Apartments

131 S Vine St

131 S Vine StWest Union, IA 52175
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Bluffview Apartments
1 to 2 Bedroom Apartments

Bluffview Apartments

3715 Mormon Coulee RdLa crosse, WI 54601
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Monona, IA Local Guide

Cheapest Available Monona Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monona, IA is a Studio unit found at Oak Creek Woods Apartments priced from $540. The Meadows Apartments in the Southlawn Court neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Monona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Creek Woods ApartmentsStudio, 1 bathStudio, 1BA$540
The Meadows ApartmentsOtter Creek 1Bd1BR, 1BA$620
Prairie View Apartments32 Unit - EfficiencyStudio, 1BA$795
Main Street Apartments1X1-V1BR, 1BA$800
312 W Broadway St2 bed2BR, 2BA$825
Ruxton Apartments2A2BR, 2BA$856
533 W Cherry St, Lancaster, WI 538132B / 1B2BR, 1BA$900
Gund Brewery Lofts1 Bedroom 1 Bathroom1BR, 1BA$920
Hawkeye Apartments811 - 2 Bed / 1 Bath2BR, 1BA$925
Geneva Terrace Apartments1 Bedroom1BR, 1BA$925

Best Value Apartments for Rent in Monona, IA and Nearby

As of September 20, 2026 the best value apartment in the Monona area is the $0.98 price per square foot 2 bed/1.5 bath Model at Hawkeye Townhomes starting from $1,200. The second greatest value Monona apartment is the 3BR/2B Model at Lawler School Lofts starting at $1,017 with a $0.85 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.
Hawkeye Townhomes2 bed/1.5 bath2BR, 1.5BA$0.98
Lawler School Lofts3BR/2B3BR, 2BA$0.85
Arrow RidgeTwo Bedroom (A1)2BR, 1BA$1.09
15 E Main St3 Bed 1 Bath3BR, 1BA$1.05
Penn Place Apartments2 Bedroom/2 Bath2BR, 1.5BA$1.06
Ruxton Apartments2A2BR, 2BA$0.98
Gund Brewery Lofts1 Bedroom 1 Bathroom1BR, 1BA$1.08
312 W Broadway St2 bed2BR, 2BA$1.01
Main Street Apartments1X1-V1BR, 1BA$1.10
The Meadows ApartmentsOtter Creek 1Bd1BR, 1BA$1.03

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

Explore Monona, IA Rentals by Map

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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 Oak Creek Woods Apartments listed at $540.

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

The lowest price for a Cheap One Bedroom Monona Apartment is $620 at The Meadows Apartments.

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 $750 at The Meadows Apartments.

What is the most affordable Monona Three Bedroom Apartment?

The best deal on a cheap Monona Three Bedroom Apartment rental is at The Meadows Apartments and starts from $850.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.