Monona

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Monona, WI Area Guide

Ready to set sail? Then you’re ready for Monona!

Lake Local Business Diverse Wisconsin

Located in Dane County and by Lake Monona, the city of Monona has been called an exciting place to live and work. The lake is the town’s main attraction, where people from other communities come to launch their boats for some afternoon sailing.

When you rent an apartment here, you’re just 15 minutes from Madison. Hundreds of diverse businesses call Monona home, and there is a wide array of shops and restaurants along Broadway and Monona Drive.

Winnequah Park is a rather large green space in Monona, where residents come to relax by the water or play sports in the open fields.

Rent Trends

As of March 2026, the average apartment rent in Monona, WI is $1,267 for a studio, $1,298 for one bedroom, $1,843 for two bedrooms, and $2,691 for three bedrooms. Apartment rent in Monona has decreased by -1.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,298/month
764 Sq Ft
See Rental Market Trends in Monona, WI

Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Monona, WI is for everyday living.

Somewhat Walkable

59 / 100

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

Minimal Transit

2 / 100

You'll likely want a car when living in this area since it has few transit options.

Bikeable

61 / 100

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Schools

Winnequah School

Public

Grades PK-5

Monona Grove Liberal Arts

Public

Grades 6-12

Monona Grove High

Public

Grades 9-12

Monona Grove Liberal Arts

Public

Grades 6-12

Points of Interest

Parks and Recreation

  • Aldo Leopold Nature Center
  • Paunack Park
  • Elvehjem Sanctuary
  • Edna Taylor Conservation Park
  • Olbrich Botanical Gardens

Military Bases

Airports

  • Dane County Regional/Truax Field

Top Apartments in Monona

Houses for Rent in Monona

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.