Cheap 2 Bedroom Apartments for Rent in Monona, WI from $771 (53 Rentals)

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612 Femrite Dr
2 Bedroom Apartments

612 Femrite Dr

612 Femrite DrMonona, WI 53716
  • Utilities Included
  • Smoke Free

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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Riverwood Apartments
$1,295 - $1,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,495
Total Monthly Price
$1,295 - $1,495
2 Bedroom Apartments Available Now

Riverwood Apartments

6417-6431 Bridge RdMadison, WI 53713
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Utilities Included

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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Coachlight Village
$1,339 - $1,519
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $1,519
Total Monthly Price
$1,025 - $1,519
2 Bedroom Apartments Available Sep 5

Coachlight Village

2609-2613 Pheasant Ridge TrlMadison, WI 53713
Affordability
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  • Utilities Included
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Carbon
$1,380 - $1,685
Total Monthly Price

Total Monthly Price

Base Rent
$771 - $1,943
Total Monthly Price
$771 - $1,943
2 Bedroom Apartments Available Now

Carbon

2418 Winnebago StMadison, WI 53704
Pet Friendly
  • Verified
  • Utilities Included
  • Low Income

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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21 Farwell St, Unit 1
$1,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495
2 Bedroom Apartment Available Jul 1

21 Farwell St, Unit 1

21 Farwell StMadison, WI 53704
Affordability
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 228 Swanton Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 1.5 Bath Condo for Rent

Available Jun 21

228 Swanton Rd, Unit 228 Swanton Rd

228 Swanton Rd
MadisonWI53714
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Algoma Apartments
2 Bedroom Apartments

Algoma Apartments

404 Algoma StMadison, WI 53704
  • Utilities Included
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914-16 N Oak St
2 Bedroom Apartments

914-16 N Oak St

914-16 N Oak StMadison, WI 53704
Corporate Housing
  • Utilities Included

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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Monona, WI Local Guide

Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

Discover the best student housing neighborhoods for renting in Madison, Wisconsin! This guide covers apartments near the University of Wisconsin-Madison, Edgewood University, Herzing University, and Madison Area Technical College, detailing locations like Regent, Shorewood Hills, Dudgeon-Monroe, and more for your perfect college home.

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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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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, WI Rentals by Map

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Monona, WI Area Reviews

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Gwen • 4+ years in Monona

June 8, 2025

Monona is a safe & quiet community close to Madison. It's 8 minutes to the Dane County Courthouse. It's secluded from city life and sits next to 2 walking parks and Lake Monona. It's a wonderful place to live.

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 Rise-Madison listed at $784.

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

The lowest price for a Cheap One Bedroom Monona Apartment is $784 at Rise-Madison.

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 $784 at Rise-Madison.

What is the most affordable Monona Three Bedroom Apartment?

The best deal on a cheap Monona Three Bedroom Apartment rental is at Rise-Madison and starts from $784.

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.

Helpful Local Expert Guides

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Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Madison

Written by: Mike Heuer

I’m Mike, your ApartmentHomeLiving.com local expert for Madison, Wisconsin. I lived and worked in Madison for several years before career opportunities took me elsewhere.

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Lakeshore to Lecture Hall: Finding Your Perfect Student Apartment in Madison, WI

Written by: Mike Heuer

I am Mike, your guide to student housing in the Greater Madison, Wisconsin, area. Madison is a terrific city that also is the Capital of Wisconsin.

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An Insiders Guide to 6 Reasons Why Locals Love Renting in Madison, Wisconsin

Written by: Mike Heuer

Madison is Wisconsin’s capital city and its second-largest city, with a population of more than 260,000.

Articles, How-To's, and Tips

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.