125 E Gorham St
MadisonWI53703
Cheap Homes for Rent in Monona, WI from $1,100 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Monona.
121 E Gorham St
MadisonWI53703
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$1,1802 Bedroom Apartments Available Now
5326 Hoboken Rd
5326 Hoboken RdMadison, WI 53713
129 E Gorham St
MadisonWI53703
934 High St
MadisonWI53715
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.
137 E Gorham St
MadisonWI53703
2 Sherman Terrace
MadisonWI53704
4903 Camden Rd
MadisonWI53716
315 S Paterson St
MadisonWI53703
122 Harding St
MadisonWI53714
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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$1,6252 Bedroom Apartments Available Apr 1
2087 Winnebago St
2087 Winnebago StMadison, WI 53704
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$1,6252 Bedroom Apartments Available Jun 20
1046 Jenifer St
1046 Jenifer StMadison, WI 53703
1423 Williamson St
MadisonWI53703
828-830 E Johnson St
MadisonWI53703
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$1,8002 Bedroom Apartments Available Now
153 Dunning St
153 Dunning StMadison, WI 53704
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.
Showing Results 1-15, Page 1 of 1
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 a home in Monona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monona 2 Bedroom Homes for Rent | $2,060 | $1,500 | $3,500 |
| Monona 3 Bedroom Homes for Rent | $2,521 | $1,850 | $3,795 |
| Monona 4 Bedroom Homes for Rent | $3,894 | $3,600 | $4,000 |
| Monona 5 Bedroom Homes for Rent | $3,295 | $3,295 | $3,295 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Monona
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Monona, WI Local Guide
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Cheapest Available Monona Apartments for Rent and Nearby
The cheapest available apartment rental in Monona, WI is a 2 Beds unit found at Broadway Lofts and Townhomes in the Pflaum Road neighborhood priced from $784. Nature Valley Apartments in the Near East Side neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Monona apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Broadway Lofts and Townhomes | 2x2 | 2BR,2BA | $784 |
| Nature Valley Apartments | Studio | Studio,1BA | $895 |
| Pheasant Ridge | A1W/D | 1BR,1BA | $940 |
| Madison Mayfair Apartments | 1 Bedroom | 1BR,1BA | $999 |
| Pirate Island Apartments | Studio | Studio,1BA | $1,020 |
Best Value Apartments for Rent in Monona, WI and Nearby
As of February 24, 2026 the best value apartment in the Monona area is the $0.91 price per square foot 5202 Schofield St Model at 5202 Schofield St, Unit AVAILABLE June 1 at 5 pm in the in the Eastmorland neighborhood starting from $1,586. The second greatest value Monona apartment is the 813 Williamson St Model at 813 Williamson St, Unit #1 starting at $2,100 with a $1.40 price per square foot in the The Isthmus neighborhood. Here is today’s list of the best values for Monona apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5202 Schofield St, Unit AVAILABLE June 1 at 5 pm | 5202 Schofield St | 2BR,1.5BA | $0.91 |
| 813 Williamson St, Unit #1 | 813 Williamson St | 3BR,1BA | $1.40 |
| Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
| The Royal | A Floor Plan (60LMI Income Restricted) | 2BR,2BA | $1.38 |
| Capitol View Apartments | 3 Bed 1.5 Bath | 3BR,1.5BA | $1.50 |
| Colonial Apartments | 1 Br | 1BR,1BA | $1.18 |
| 914-16 N Oak St | 2Bedroom | 2BR,1BA | $1.33 |
| Executive East Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.16 |
| Mcfarland Williamstown Bay (55+) | 2.1 | 2BR,1BA | $1.35 |
| Lake Point Drive Apartments | 2 Bed/ 1 Bath | 2BR,1BA | $1.38 |
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.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 Monona
What type of rentals are currently available in Monona?
There are currently 236 Apartments for Rent in Monona, WI with pricing that ranges from $784 to $5,577. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monona ranging from $1,150 to $4,000.
What is the current price range for Rental Homes in Monona?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monona ranges from $1,150 to $4,000 with an average monthly rent of $2,500.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.