Current 1 & 2
800 W Broadway,
Monona, WI 53713
$1,450 - $2,500
Studio - 3 Beds
Rental Market Trends in Monona, WI
What is the average rent in Monona, WI?
$1,344/month
Average Rent
768 Sq Ft
Average Apartment Size
+1.1%
Increase in the Last Year
As of April 2026, the average rent in Monona, WI is $1,344 per month. This is 18% lower than the national average rent of $1,641/month, making renting in Monona more affordable than most cities in the US. When you rent an apartment in Monona, you can expect to pay about $1,266 per month for a studio, $1,344 for a one-bedroom apartment, and around $1,876 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,114 or more.
Floor Plan Type
Average Rent
Average 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 increased by 1.1%, which averages out to $16 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025
2026
Rent Ranges in Monona, WI
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
50%
$1,001 - $1,500/month
38%
$1,501 - $2,000/month
6%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Monona?
Based on current rent prices, Homestead Highlands is the most affordable neighborhood in Monona.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Monona?
Based on current rent prices, Homestead Highlands is the most expensive neighborhood in Monona.
Neighborhood
Average Rent
Average Sq Ft
Which Monona neighborhoods have the most rentals available?
The neighborhood in Monona with the most apartments available is Homestead Highlands .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Monona, WI?
Because the average rent in Monona is $1,344, you’ll want to make about $4,480 per month or $53,760 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.
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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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.
* Percentages may not total 100 due to rounding.