
Cheap Apartments for Rent in Monona, WI from $600 with Washer/Dryer (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Monona.


Heritage Monona Senior Apartments

4915 Gordon Ave

Bloom Monona Apartments

Eagle Harbor

Lake Point Terrace

The Ace Apartments
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.

Glendale Townhomes

Artisan Village

Baldwin Corners Apartments

The Grove Apartments

Novation Senior

Sycamore Woods

Taylor Pointe Apartments
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.

Kensington Pointe Apartments

Pinney Lane

Carbon at Union Corners

Nexus at Union Corners

Monona Shores Apartments

Park Central

Stonewood Village
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.

2500 Rimrock Lofts

Ella

Starkweather Place

Fair Oaks

Eastpointe

The Life at Madison Grove

The Andre Apartments
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

Generations at Union Corners

Willy Street Central

Livingston Place
Monona, WI Local Guide

How much does it cost to rent an apartment in Monona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monona Studio Apartments | $1,563 | $895 | $1,995 |
| Monona 1 Bedroom Apartments | $1,806 | $975 | $3,591 |
| Monona 2 Bedroom Apartments | $2,135 | $1,020 | $3,550 |
| Monona 3 Bedroom Apartments | $2,561 | $1,226 | $4,500 |
| Monona 4 Bedroom Apartments | $2,600 | $2,600 | $2,600 |
Explore Monona
Monona, WI Local Guide
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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.
Read ArticleDon'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 ArticleCash 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.
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.
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
Monona, WI Area Reviews
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 $895.
How much is rent for a Cheap One Bedroom Monona Apartment?
The lowest price for a Cheap One Bedroom Monona Apartment is $613 at Eagle Harbor.
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 $738 at Eagle Harbor.
What is the most affordable Monona Three Bedroom Apartment?
The best deal on a cheap Monona Three Bedroom Apartment rental is at Madison Mayfair Apartments and starts from $1,300.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.