517 Seven Nations Dr
MadisonWI53713
Cheap Homes for Rent in Monona, WI from $900 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Monona.
930 Emerald St
MadisonWI53715
1975 E Washington Ave
MadisonWI53704
112 N Few St
MadisonWI53703
934 High St
MadisonWI53715
2549 Upham St
MadisonWI53704
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.
5022 Paulson Ct
McFarlandWI53558
1305 E Dayton St
MadisonWI53703
19 Fairlane Ct
MadisonWI53713
13 Rustic Pkwy
MadisonWI53713
64 Hollywood Dr
MadisonWI53713
Madison's Best Affordable Neighborhoods
Learn about Madison and the best places to live with original content written by our Local Expert Mike Heuer
59 Hollywood Dr
MadisonWI53713
9 Bel-Aire Dr
MadisonWI53713
Showing Results 1-13, 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 | $2,108 | $1,400 | $2,500 |
| Monona 3 Bedroom Homes for Rent | $2,342 | $1,795 | $3,400 |
| Monona 4 Bedroom Homes for Rent | $2,808 | $900 | $4,195 |
| Monona 5 Bedroom Homes for Rent | $3,285 | $2,950 | $3,610 |
Browse Top Homes for Rent in Monona
Explore Monona
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 1 Bed unit found at The Life at Madison Grove in the East Side neighborhood priced from $925. Seven Oaks Apartments in the Bay Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Monona apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Life at Madison Grove | 1 BED 1 BATH | 1BR,1BA | $925 |
| Seven Oaks Apartments | studio | Studio,1BA | $950 |
| Lake Point Terrace | Harbour | Studio,1BA | $974 |
| Pirate Island Apartments | Studio | Studio,1BA | $975 |
| Nature Valley Apartments | Studio | Studio,1BA | $995 |
Best Value Apartments for Rent in Monona, WI and Nearby
As of May 29, 2025 the best value apartment in the Monona area is the $1.20 price per square foot 2B/2Bath Model at Glendale Townhomes in the in the Pflaum Road neighborhood starting from $1,795. The second greatest value Monona apartment is the 3x2 Income restricted Model at Carbon at Union Corners starting at $1,811 with a $1.41 price per square foot in the Near East Side 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. |
|---|---|---|---|
| Glendale Townhomes | 2B/2Bath | 2BR,1.5BA | $1.20 |
| Carbon at Union Corners | 3x2 Income restricted | 3BR,2BA | $1.41 |
| Eagle Harbor Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.26 |
| Ridge Creek Apartments | 2x1028 | 2BR,1BA | $1.41 |
| Executive East Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.16 |
| Dutch Mill Homes | 3 Bedroom | 3BR,2BA | $1.39 |
| Monona Shores Apartments | 2BR/1BA | 2BR,1BA | $1.46 |
| Mardelle Apartments | 1 Bdrm. | 1BR,1BA | $1.26 |
| Colonial Apartments | 1 Br | 1BR,1BA | $1.27 |
| The Life at Madison Grove | 1 BED 1 BATH | 1BR,1BA | $1.32 |
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Frequently Asked Questions about Monona
What type of rentals are currently available in Monona?
There are currently 226 Apartments for Rent in Monona, WI with pricing that ranges from $950 to $3,740. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monona ranging from $900 to $4,195.
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 $900 to $4,195 with an average monthly rent of $2,216.
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 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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.