Cheap Apartments for Rent in Monona, WI from $600 (56 Rentals)

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Cheap Apartments in Monona.

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600 Femrite Dr
1 Bedroom Apartments

600 Femrite Dr

600 Femrite DrMonona, WI 53716
  • Utilities Included
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Monona Lakeview
1 to 2 Bedroom Apartments

Monona Lakeview

3819 Monona DrMonona, WI 53714
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Algoma Apartments
Studio to 2 Bedroom Apartments

Algoma Apartments

404 Algoma StMadison, WI 53704
  • Utilities Included
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Eastpointe
3 Bedroom Apartments

Eastpointe

309 Clyde Gallagher AveMadison, WI 53714
  • Utilities Included
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1124 Jenifer St
1 Bedroom Apartments

1124 Jenifer St

1124 Jenifer StMadison, WI 53703
  • Utilities Included
  • Smoke Free
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The André Apartments
1 to 3 Bedroom Apartments

The André Apartments

2350 Winnebago StMadison, WI 53704
  • Utilities Included
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Lake Point Terrace
Studio to 2 Bedroom Apartments

Lake Point Terrace

1674 Lake Point DrMadison, WI 53713
  • Utilities Included

Monona, WI Local Guide

Cheapest Available Monona Apartments for Rent

 

The cheapest available apartment rental in Monona, WI is a 1 Bed unit found at The Life at Madison Grove in the East Side neighborhood priced from $925. Seven Oaks Apartments in the Bay Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Monona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Life at Madison Grove1 BED 1 BATH1BR,1BA$925
Seven Oaks ApartmentsstudioStudio,1BA$950
Pirate Island ApartmentsStudioStudio,1BA$975
Nature Valley ApartmentsStudioStudio,1BA$995
Pheasant RidgeA1W/D1BR,1BA$1,000
Madison Mayfair Apartments1 Bedroom1BR,1BA$1,000
Colonial Apartments1 Br1BR,1BA$1,015
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1,045
Eagle Harbor Apartments2 Bedroom 2 Bathroom2BR,2BA$1,064

Best Value Apartments for Rent in Monona, WI

As of May 03, 2025 the best value apartment in the Monona area is the $1.41 price per square foot 3x2 Income restricted Model at Carbon at Union Corners in the in the Near East Side neighborhood starting from $1,811. The second greatest value Monona apartment is the 3 Bedroom 2 Bathroom Model at Eagle Harbor Apartments starting at $1,426 with a $1.26 price per square foot in the Near East Side neighborhood. Here is today’s list of the best values for Monona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carbon at Union Corners3x2 Income restricted3BR,2BA$1.41
Eagle Harbor Apartments3 Bedroom 2 Bathroom3BR,2BA$1.26
Ridge Creek Apartments2x10282BR,1BA$1.41
Stonewood Villagesv2brup2BR,1BA$1.43
Apartments of Riverwood, LLC2 Bedroom 1 Bath2BR,1BA$1.44
Executive East Apartments1 Bedroom/1 Bathroom1BR,1BA$1.16
Mardelle Apartments1 Bdrm.1BR,1BA$1.26
201 Deer Valley Rd, Unit 2201 Deer Valley Rd1BR,1BA$1.24
Colonial Apartments1 Br1BR,1BA$1.27
The Life at Madison Grove1 BED 1 BATH1BR,1BA$1.32

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monona, WI Rentals by Map

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Getting Around Monona, WI

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

2 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Monona Apartments

What is the Cheapest Studio apartment in Monona?

Currently the most affordable Cheap Studio Apartment in Monona is at Seven Oaks Apartments listed at $950.

How much is rent for a Cheap One Bedroom Monona Apartment?

The lowest price for a Cheap One Bedroom Monona Apartment is $925 at The Life at Madison Grove.

What is the lowest price for a Cheap Two Bedroom Monona Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monona is starting from $1,000 at The Life at Madison Grove.

What is the most affordable Monona Three Bedroom Apartment?

The best deal on a cheap Monona Three Bedroom Apartment rental is at Madison Mayfair Apartments and starts from $1,300.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.