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-Nestled along the southeastern shore of Lake Monona, this waterfront community is known for its extensive shoreline parks and preservation of Native American cultural sites. Originally incorporated in 1938, Monona has grown from summer homes and farmland into a complete community while maintaining its distinctive lakeside character. The city spans just over three square miles, creating an intimate setting where residents enjoy both natural beauty and easy access to neighboring Madison.
Rental options in Monona include well-maintained townhomes and boutique apartment communities, many offering views of Lake Monona or convenient access to shoreline parks. With average one-bedroom apartments renting for around $1,269 monthly, Monona provides excellent value compared to downtown Madison prices. The community features several parks including Indian Mounds Park, which preserves Native American burial mounds dating back 2,000 years, Winnequah Park with its public swimming pool, and Schluter Beach offering lakefront recreation.
Downtown Madison is just minutes away via multiple commuting routes including Monona Drive and East Washington Avenue. The median household income of $81,015 reflects the community's established nature. Residents appreciate the balance of outdoor recreation at the lake's numerous access points, local dining spots along Monona Drive, and the peaceful atmosphere that sets it apart from the adjacent capital city.
Frequently Asked Questions
Average Rent Rates
What's the average rent for an apartment in Monona, WI?
Apartment averages in Monona, WI varies based on size.
- $1,332 for a 1-bedroom apartment in Monona, WI
- $1,930 for a 2-bedroom apartment in Monona, WI
- $2,587 for a 3-bedroom apartment in Monona, WI
Rental Requirements
Can I find a cheap apartment in Monona, WI?
There are 42 cheap apartments in Monona, WI priced as low as $1,234
Can I find a short-term apartment in Monona, WI?
There are 144 short-term apartments in Monona, WI.
Transportation
How do people usually get around Monona, WI?
Residents in Monona, WI usually get around by car. According to Walk Score, Monona, WI falls within the Car Dependent range.
Education
What colleges and universities are in Monona, WI?
If you’re a college or university student moving to Monona, WI, ForRent.com can help you find a rental near Madison Area Technical College-Truax Campus, Edgewood College, University of Wisconsin and others.
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