Apartments for Rent in Monona, WI

Prices and availability in Monona, WI were last updated on 24 May 2026.

The best apartments in Monona, WI are: 5217 Monona and Lake Edge.

The average rent in Monona, WI is $1,390.

The price range for a 1-bedroom apartment in Monona, WI is between $1,200 and $1,728.

The price range for a 2-bedroom apartment in Monona, WI is between $1,495 and $2,438.

In Monona 46% of the housing is rented out compared to 54% of homes are owned, according to the most recent Census Bureau estimates. 33% of Monona's apartments are found in large buildings of 50 units or more, 52% are located in smaller apartment complexes with less than 50 units, and 15% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Monona are about 41 years old, on average. Of these, 21% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 95% of the rental communities here are low-rise, garden-style communities, 7% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Monona come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 48% of the total apartments in the city, while 2-bedroom floorplans represent around 45% of all rentals in Monona. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.