Monona

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Monona, WI Area Guide

Avg Rent

$1,337

Population

9,169

Renter Mix

41% Rent

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.

Demographics

Median Household Income

$81,015

Average: $99,230

Education

3,874

Residents Have a Degree

Job Market

4,794

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

44 Years

Largest Age Group

40-49 Years

Approximately 14% of Residents

Under 20

21%

Over 65

23%

Housing Distribution

Monona has more homeowners than renters.

Renters
41%
Non-Renters
59%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
39%
Other Education
61%

Rent Trends

As of April 2026, the average apartment rent in Monona, WI is $1,258 for a studio, $1,337 for one bedroom, $1,902 for two bedrooms, and $3,114 for three bedrooms. Apartment rent in Monona has decreased by -0.7% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,337/month
762 Sq Ft
See Rental Market Trends in Monona, WI

Getting Around

Fairly Walkable

Walkability

50 / 100

Minimal Public Transit

Transit

10 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Winnequah School

Public

Grades PK-5

609 Students

Monona Grove Liberal Arts

Public

Grades 6-12

81 Students

Monona Grove High

Public

Grades 9-12

1,083 Students

Monona Grove Liberal Arts

Public

Grades 6-12

81 Students

Points of Interest

Parks and Recreation

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

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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.