
Apartments for Rent in Monona, WI Under $1,500 (103 Rentals)


Cardinal Place

Bloom Monona Apartments

4915 Gordon Ave - FULLY LEASED

Heritage Monona Senior Apartments

Monona Village Apartments - FULLY LEASED

5800 Bjelde Ln

Monona Lakeview

Executive East Apartments

600 Femrite Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Pirate Island Apartments

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Colonial Apartments

612 Femrite Dr

608 Femrite Dr

Besa Monona

Glendale Gardens

Mardelle Apartments

Watermark Lofts

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The Fitzgerald

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209 Kedzie St, Unit Apartment #2
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Park Central

Stonewood Village

The Grove Apartments

The Royal

Starkweather Place

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Irwin

Pinney Lane

301 S Livingston St

Ella

2500 Rimrock Lofts
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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.

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Nexus at Union Corners

Jenifer Place

Mira

Commercial Avenue

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Garver Point

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2937 Sachs St, Unit #2

Dale Street Apartments

Kensington Pointe Apartments

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Maple Glen Apartment Homes

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Riverwood 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

Monona Shores Apartments

Luna Residences

Brighton Square

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3176 Ridgeway Ave, Unit #4

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2210 Winnebago St, Unit 1

McCormick Commons

The Intersect

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Lake Point Drive Apartments

Artisan Village

Novation Senior
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 Under $1500 | $1,578 | $990 | $2,100 |
| Monona 1 Bedroom Apartments Under $1500 | $1,723 | $1,000 | $2,999 |
| Monona 2 Bedroom Apartments Under $1500 | $1,930 | $771 | $6,434 |
| Monona 3 Bedroom Apartments Under $1500 | $2,435 | $1,300 | $4,500 |
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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 ArticleReal 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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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!
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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 Monona
How much are Studio apartments in Monona?
There are currently 56 Studio Apartments in Monona with rent ranges from $990 to $2,100 with an average price of $1,578.
What is the current price range for One Bedroom Monona Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Monona ranges from $1,000 to $2,999 with an average monthly rent of $1,723.
What does renting a Two Bedroom Apartment in Monona cost?
The monthly rent prices of Two Bedroom Apartments currently available in Monona range from $771 to $6,434. Today's average rental price for Two Bedrooms here is $1,930.
How expensive are Monona Three Bedroom Apartments?
There are currently 35 Three Bedroom Apartments listings available in Monona on ApartmentHomeLiving.com. The pricing ranges from $1,300 to $4,500 - averaging $2,435 for the location.
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

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.

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.

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.