
Cheap Homes for Rent in Monona, IA from $500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Monona.


603 E 22nd St

2060 Whittier St

101 16th Ave NW

117 6th Ave SW

101 1st Ave NW

2 1st St NE

770 University Ave

523 E 22nd St

816 5th Ave NE

313 4th Ave SW

121 1st St NW

1338 Main St

706 3rd Ave SW

750 Sickle St

124 52nd Ave

437 Loras Blvd

642 Arlington St
Monona, IA Local Guide

How much does it cost to rent a home in Monona?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monona 2 Bedroom Homes for Rent | $1,026 | $750 | $1,700 |
Monona 3 Bedroom Homes for Rent | $1,379 | $875 | $1,800 |
Monona 4 Bedroom Homes for Rent | $1,383 | $1,350 | $1,400 |
Monona 6 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
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Monona, IA Local Guide
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Cheapest Available Monona Apartments for Rent and Nearby
 The cheapest available apartment rental in Monona, IA is a 2 Beds unit found at Main Street Apartments priced from $525. Ruxton Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $600. Here is today’s list of the most affordable Monona apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Main Street Apartments | 2x2-SS-H | 2BR,2BA | $525 |
Ruxton Apartments | 3B | 3BR,2BA | $600 |
College Suites Peosta | 3 Bedroom Apartment NOW Available - Price Per B... | 3BR,2BA | $625 |
The Meadows Apartments | Quads 2Bd | 2BR,1BA | $700 |
Prairie View Apartments | 32 Unit - Efficiency | Studio,1BA | $705 |
Best Value Apartments for Rent in Monona, IA and Nearby
As of September 18, 2025 the best value apartment in the Monona area is the $0.86 price per square foot 3x2 Model at 1182 Locust St in the starting from $1,200. The second greatest value Monona apartment is the 3 Bedroom/2 Bath Model at Penn Place Apartments starting at $1,150 with a $0.93 price per square foot . Here is today’s list of the best values for Monona apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1182 Locust St | 3x2 | 3BR,2BA | $0.86 |
Penn Place Apartments | 3 Bedroom/2 Bath | 3BR,2BA | $0.93 |
PDC Eco Cottages | 3 Bedroom | 3BR,2BA | $1.02 |
WEDGEWOOD COMMONS | 3 Bed 1 Bath | 3BR,1BA | $0.99 |
Riverview Apartments | Two Bedroom | 2BR,1BA | $1.05 |
Newman Heights | 4-Bedroom | 4BR,2BA | $0.56 |
Lawler School Lofts | 2BR/1B | 2BR,1BA | $1.06 |
Wild Grove Apartments - 702 NICC | Wild Grove Apartments | 2BR,1BA | $1.09 |
The Meadows Apartments | Meadows 2Bd | 2BR,1BA | $0.92 |
Main Street Apartments | 1X1-V | 1BR,1BA | $1.04 |
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Frequently Asked Questions about Monona
What type of rentals are currently available in Monona?
There are currently 45 Apartments for Rent in Monona, IA with pricing that ranges from $407 to $2,516. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monona ranging from $500 to $2,700.
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 $500 to $2,700 with an average monthly rent of $1,496.
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 $537 to $1,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,350.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.