
Cheap Homes for Rent in Monona, IA from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Monona.


2 1st St NE

105 Ludland Dr

27 2nd Ave SE

523 E 22nd St

121 1st St NW
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.

706 3rd Ave SW

731 7th Ave NE

119 6th St SW

320 E 26th St

2501 Central Ave

2113 17th St S
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.
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 | $1,062 | $650 | $2,000 |
| Monona 3 Bedroom Homes for Rent | $1,450 | $600 | $2,500 |
| Monona 4 Bedroom Homes for Rent | $1,445 | $1,250 | $1,800 |
| Monona 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Top Homes for Rent in Monona
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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 3 Beds unit found at Ruxton Apartments priced from $525. The Meadows Apartments in the Southlawn Court neighborhood has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| Ruxton Apartments | 3G | 3BR,2BA | $525 |
| The Meadows Apartments | Meadows 1Bd | 1BR,1BA | $600 |
| College Suites Peosta | 3 Bedroom Apartment NOW Available - Price Per B... | 3BR,2BA | $625 |
| LINTON VILLAGE | 2 Bedroom 1 Bathroom | 2BR,1BA | $640 |
| 15 E Main St | 1 Bed, 1 bath | 1BR,1BA | $650 |
Best Value Apartments for Rent in Monona, IA and Nearby
As of December 19, 2025 the best value apartment in the Monona area is the $1.16 price per square foot Two Bedroom (A2) Model at Arrow Ridge in the starting from $1,395. The second greatest value Monona apartment is the 2x2-V Model at Main Street Apartments starting at $889 with a $0.86 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. |
|---|---|---|---|
| Arrow Ridge | Two Bedroom (A2) | 2BR,1BA | $1.16 |
| Main Street Apartments | 2x2-V | 2BR,2BA | $0.86 |
| 15 E Main St | 1 Bed, 1 bath | 1BR,1BA | $0.65 |
| West Brook Apartments | Brand New 2 Bedroom/2 Bathroom Units at West Br... | 2BR,2BA | $1.15 |
| LINTON VILLAGE | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.67 |
| Penn Place Apartments | 2 Bedroom/2 Bath | 2BR,1.5BA | $1.06 |
| Lawler School Lofts | 2BR/1B | 2BR,1BA | $1.06 |
| Wild Grove Apartments - 702 NICC | 2 Bed Updated | 2BR,1BA | $1.09 |
| Ruxton Apartments | 2A | 2BR,2BA | $1.12 |
| The Meadows Apartments | Meadows 1Bd | 1BR,1BA | $0.92 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Monona
What type of rentals are currently available in Monona?
There are currently 46 Apartments for Rent in Monona, IA with pricing that ranges from $540 to $2,516. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monona ranging from $600 to $2,500.
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 $600 to $2,500 with an average monthly rent of $1,598.
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 $750 to $1,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,695.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.