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Rental Market Trends in Monona, WI

What is the average rent in Monona, WI?

$1,339/month

Average Rent

764 Sq Ft

Average Apartment Size

-0.7%

Decrease in the Last Year

Monona, WI Rental Market Overview

The average rent in Monona, WI is $1,339 per month. This is 19% lower than the national average rent of $1,644/month, making renting in Monona more affordable than most cities in the US.

  • Studio apartments in Monona average $1,291 per month.
  • One-bedroom apartments in Monona average $1,339 per month.
  • Two-bedroom apartments in Monona average $1,979 per month.
  • Three-bedroom apartments in Monona average $3,103 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,291/month
570 Sq Ft
One Bedroom
$1,339/month
764 Sq Ft
Two Bedroom
$1,979/month
1,094 Sq Ft
Three Bedroom
$3,103/month
1,421 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Monona, WI?

In the past year, rent has decreased by 0.7%, which averages out to $9 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Monona, WI
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Monona, WI
Percentage*
Rent Range
0% Below $700/month
6% $700 - $1,000/month
53% $1,001 - $1,500/month
24% $1,501 - $2,000/month
18% Above $2,000/month

What salary do I need to live comfortably in Monona, WI?

Because the average rent in Monona is $1,339, you’ll want to make about $4,463 per month or $53,556 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Monona, WI

477 Available Apartments for Rent

Search for Nearby Apartments

How does Monona, WI compare to other nearby cities and neighborhoods?

Use the tool below to compare Monona, WI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Monona, WI

Apartment Averages

Apartment communities in Monona we think you'll love

Bloom Monona Apartments

Bloom Monona Apartments

4607 Monona Dr,
Monona, WI 53716

$1,395 - $4,500

Studio - 3 Beds

Current 1 & 2

Current 1 & 2

800 W Broadway,
Monona, WI 53713

$1,495 - $2,450

Studio - 3 Beds

Mira

Mira

5103 Monona Dr,
Madison, WI 53716

$1,320 - $2,225

Studio - 2 Beds

Pirate Island Apartments

Pirate Island Apartments

706 Pirate Island Rd,
Monona, WI 53716

$1,000 - $1,475 Total Monthly Price

Studio - 2 Beds | 12 Month Lease

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United States Wisconsin Monona Rental Trends

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 June 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity