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Cheap Apartments for Rent in Monona, WI from $600 with Swimming Pool (2 Rentals)
Search the lowest-cost Apartments available for rent right now in Monona.
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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Rent Specials
$1,240 - $1,5151 to 2 Bedroom Apartments Available Now
Kensington Pointe
405-415 Moorland RdMadison, WI 53713
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
Lake with Monona Terrace and Madison skyline in the distance by Author: Mike Foster is licensed under Internal
How much does it cost to rent an apartment in Monona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monona Studio Apartments | $1,529 | $925 | $1,820 |
| Monona 1 Bedroom Apartments | $1,725 | $890 | $2,925 |
| Monona 2 Bedroom Apartments | $2,083 | $1,020 | $3,450 |
| Monona 3 Bedroom Apartments | $2,276 | $1,226 | $3,700 |
Explore Monona
Monona, WI Local Guide
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monona, WI Rentals by Map
See the most popular apartments and homes in Monona, WI
Getting Around Monona, WI
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
61 / 100
Bikeable
Some bike infrastructure
Transit Score®
2 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Monona, WI Area Reviews
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Gwen • 4+ years in Monona
June 8, 2025Monona 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 Nature Valley Apartments listed at $925.
How much is rent for a Cheap One Bedroom Monona Apartment?
The lowest price for a Cheap One Bedroom Monona Apartment is $1,000 at Madison Mayfair 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 $1,000 at The Life at Madison Grove.
What is the most affordable Monona Three Bedroom Apartment?
The best deal on a cheap Monona Three Bedroom Apartment rental is at Dutch Mill Homes and starts from $1,250.
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.
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.
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.