Cheap Homes for Rent in Monona, IA from $700 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes 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.

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.

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.

Monona, IA Local Guide

Cheapest Available Monona Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monona, IA is a 1 Bed unit found at 131 S Vine St priced from $550. College Suites Peosta has the second lowest priced unit, which is a 3 Beds apartment currently listed from $625. Here is today’s list of the most affordable Monona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
131 S Vine St2021BR,1BA$550
College Suites Peosta3 Bedroom Apartment NOW Available - Price Per B...3BR,2BA$625
The Meadows ApartmentsQuads 2Bd2BR,1BA$700
Prairie View Apartments32 Unit - EfficiencyStudio,1BA$705
Main Street Apartments1 Bedroom, 1 Bath1BR,1BA$759

Best Value Apartments for Rent in Monona, IA and Nearby

As of June 17, 2025 the best value apartment in the Monona area is the $0.81 price per square foot 3 Beds, 3 baths Model at Lawler School Lofts in the starting from $969. The second greatest value Monona apartment is the 3 Bedroom 1.5 Bathroom Model at LINTON VILLAGE starting at $930 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.
Lawler School Lofts3 Beds, 3 baths3BR,3BA$0.81
LINTON VILLAGE3 Bedroom 1.5 Bathroom3BR,1.5BA$0.85
St. Vallerie Apartments2BR/1.0BA2BR,1BA$1.05
Newman Heights4-Bedroom4BR,2BA$0.56
Penn Place Apartments2 Bedroom/2 Bath2BR,1.5BA$1.05
Wild Grove Apartments2 Bedroom Updated2BR,1BA$1.09
Ruxton Apartments2A2BR,2BA$1.09
Main Street Apartments1 Bedroom, 1 Bath1BR,1BA$0.91
The Meadows ApartmentsMeadows 2Bd2BR,1BA$0.92
131 S Vine St2021BR,1BA$0.92

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Monona

What type of rentals are currently available in Monona?

There are currently 44 Apartments for Rent in Monona, IA with pricing that ranges from $300 to $2,100. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monona ranging from $750 to $2,300.

What is the current price range for Rental Homes in Monona?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monona ranges from $750 to $2,300 with an average monthly rent of $1,344.

How much are larger Three and Four Bedroom Rentals in Monona?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Monona range from $300 to $1,699, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,495.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.