New Apartments for Rent in Monona, WI Under $2,000 (36 Rentals)

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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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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.

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Irwin
Rent Specials
from $1,365Built in 2025Studio to 2 Bedroom Apartments Available Now

Irwin

838 Williamson StMadison, WI 53703
Furnished
  • Verified
  • Utilities Included
  • Matterport 3D Tour

Madison's Best Affordable Neighborhoods

Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer

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Waubesa Village
Built in 20202 Bedroom Apartments

Waubesa Village

4908 Terminal DrMcFarland, WI 53558
  • Utilities Included
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2012 Winnebago St
Built in 2024Studio to 1 Bedroom Apartments

2012 Winnebago St

2012 Winnebago StMadison, WI 53704
  • Utilities Included
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Royster Commons
Built in 20191 Bedroom Apartments

Royster Commons

523 Grand Oak TrlMadison, WI 53714
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821 Williamson St
Built in 2022Studio to 2 Bedroom Apartments

821 Williamson St

821 Williamson StMadison, WI 53703
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Willy Street Central
Built in 20161 to 2 Bedroom Apartments

Willy Street Central

902 Williamson StMadison, WI 53703
  • Utilities Included
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Enso Apartments
Built in 2018Studio Apartments

Enso Apartments

715 Rethke AveMadison, WI 53714

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.

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The André Apartments
Built in 20231 to 3 Bedroom Apartments

The André Apartments

2350 Winnebago StMadison, WI 53704
  • Utilities Included
Showing Results 1-36, Page 1 of 1

Monona, WI Local Guide

Quick 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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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

  • Parks
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  • Local Vibes
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  • Cost of Living
  • Safety

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 New Monona Apartments

What is the Cheapest New apartment in Monona?

Currently the most affordable New Apartment in Monona is at Eagle Harbor listed at $1,064.

How much is the average rent for a New Monona Apartment?

The average rent for a New Apartment in Monona is $2,030.

What is the largest New Monona Apartment for rent?

Today's New apartment with the most square footage in Monona is a 1,900 square feet unit starting from $3,150 at 3134 Hermina St, Unit LARGE 3 bed 2 bath w YARD.

What is the average size for Monona New Apartments for rent?

The average size for a New rental in Monona is currently at 704 sq ft.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.