281

Monona, WI Homes for Rent

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  • /86

    Starting at $1,330 Per Month

    • Studio - 2 Beds

    5103 Monona Dr, Madison, WI 53716

    Welcome to 5103 Monona Drive, a premier apartment complex located in the heart of Monona, WI. This property offers a range of amenities designed to enhance your living experience. Enjoy the convenience of an on-site Fitness Center, fully equipped with modern exercise machines to keep you fit and healthy. The Community Room is a perfect place to socialize, relax, or engage in recreational

    Mira

    5103 Monona Dr, Madison, WI 53716
  • /54

    Starting at $1,395 Per Month

    • Studio - 3 Beds

    4607 Monona Dr, Monona, WI 53716

    We are open Saturdays and Sundays by appointment! Please reach out to our leasing team to schedule a tour at Bloom, where you can upgrade your living space!

    Bloom Monona Apartments

    4607 Monona Dr, Monona, WI 53716
  • /94

    Starting at $1,495 Per Month

    • Studio - 3 Beds

    800 W Broadway, Monona, WI 53713

    If you live in Monona, WI or are soon to be a resident, this is the place to be! You’ll love this building and the view of the riverfront! These beautiful brand-new spacious units have a modern open floor plan with a breakfast bar, stainless steel appliances, washer/dryer in units, and plenty of natural lighting. Also, onsite for your convenience is a fitness center, a rooftop terrace,

    Current 1 & 2

    800 W Broadway, Monona, WI 53713
  • /4

    Starting at $1,560 Per Month

    • Studio - 2 Beds

    100 River Place, Monona, WI 53716

    Introducing Waterfront at River Place, our newest luxury apartment community at 100 River Place in Monona, WI. Set along a scenic inlet of the Yahara River, this six-story community is anticipated to open in February 2027 and offer luxury apartment living in Monona.Waterfront at River Place offers a variety of floor plans tailored to your lifestyle, including studio, one-bedroom,

    Waterfront at River Place

    100 River Place, Monona, WI 53716
  • /70

    Starting at $1,905 Per Month

    • 2 Beds

    5001 Monona Dr, Monona, WI 53716

    Discover the perfect blend of comfort and convenience in our apartment community featuring 52 thoughtfully designed units. Located within a 7-mile radius of the University of Wisconsin-Madison, Downtown Madison, and Madison Regional Airport, Fairway Glen offers easy access to everything you need for both work and play, all while being just moments away from the Beltline Highway (12/18), I-90/39,

    Fairway Glen Apartments

    5001 Monona Dr, Monona, WI 53716
  • /29

    Starting at $1,120

    Total Monthly Price

    • 1 - 2 Beds

    706 Pirate Island Rd, Monona, WI 53716

    Credit Score of 675+ REQUIREDSMOKE FREE Looking for a prime apartment with unbeatable location, tranquility, and exceptional maintenance? Now’s your chance!Located conveniently off the Beltline and just 7 minutes from downtown Madison, Pirate Island Monona offers a unique, secluded setting on its very own island—the perfect retreat with everything you need right at your

    Pirate Island Apartments

    706 Pirate Island Rd, Monona, WI 53716
  • /33

    Starting at $1,495

    Total Monthly Price

    • Studio - 2 Beds

    3914 Monona Dr, Madison, WI 53716

    Welcome to the Fitzgerald, destined to be known as The Fitz, or if you’re a literary lover, the F. Scott, or if you’re a lover of high-end apartment living, the newest, most beautiful, luxury apartment home in Madison, Wisconsin, located on fabulous Monona Drive with views of the lake, Olbrich Gardens, and just about everything you can imagine, including imagining yourself as a star socialite in

    The Fitzgerald

    3914 Monona Dr, Madison, WI 53716
  • /41

    Starting at $1,350

    Total Monthly Price

    • 1 - 2 Beds

    320 W Broadway, Monona, WI 53716

    Yahara Terrace offers waterfront living with standout amenities: rooftop terrace, fitness center, entertainment lounge, on-site dining, guest suite, and free 100 mbps internet. Pet-friendly with no breed or size restrictions, plus a dog run, pet wash station, and scenic walking path. Conveniently located near downtown Madison, the Beltline, and Highway 51.

    Yahara Terrace

    320 W Broadway, Monona, WI 53716
  • /29

    Starting at $1,150 Per Month

    • Studio - 2 Beds

    3819 Monona Dr, Monona, WI 53714

    Surprisingly Affordable Lakefront Living! Experience the good life in your spacious lakefront apartment home. Beautiful views of Madison's skyline. Enjoy sunsets over the Capital. Grill out and picnic on the lakefront. Easy access to the Beltline and downtown Madison. Near a large city park with beach, boat access and tennis courts, Olbrich Botanical Gardens, shopping,

    Monona Lakeview

    3819 Monona Dr, Monona, WI 53714
  • /41

    Starting at $1,299 Per Month

    • 2 Beds

    204 Saint Teresa Terrace, Monona, WI 53716

    Welcome to Cardinal Place Apartments in Monona, WI. Enjoy the convenience of easy access to outdoor spaces and a peaceful atmosphere. With Cardinal Place Apartments, you can experience modern living in a prime location. Contact us today to schedule a tour and see all that Cardinal Place has to offer.

    Cardinal Place

    204 Saint Teresa Terrace, Monona, WI 53716
  • /32

    Starting at $1,550 Per Month

    • 1 Bed

    4033 Monona Dr, Monona, WI 53716

    Welcome to Lake Edge: Your Luxury Lakeside RetreatDiscover the epitome of luxury living at Lake Edge, where modern elegance meets stunning natural beauty. Located on the serene shores of Lake Monona, at the intersection of Monona Drive and Buckeye Road, Lake Edge offers one, two, and three-bedroom apartments designed to elevate your lifestyle.Enjoy unparalleled convenience with a

    Lake Edge

    4033 Monona Dr, Monona, WI 53716
  • /39

    Starting at $1,125

    Total Monthly Price

    • 1 Bed

    6417-6431 Bridge Rd, Madison, WI 53713

    Riverwood Apartments

    6417-6431 Bridge Rd, Madison, WI 53713
  • /20

    Starting at $990

    Total Monthly Price

    • Studio - 1 Bed

    5424-5430 Monona Dr, Monona, WI 53716

    ***** Winter Specials – HUGE Discounts and Year-End Pricing! *****TWO BEDROOMS FLASH SPECIAL!! - Take a whopping $100/month off your rent for 6 months when you sign a 12 month lease before 11/30/25!Credit Score of 675+ REQUIREDNo Smoking – No ExceptionsLooking for a prime apartment with unbeatable location, tranquility, and exceptional maintenance? Now’s your

    Colonial Apartments

    5424-5430 Monona Dr, Monona, WI 53716
  • /21

    $1,925

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 925 Sq Ft
    • Condo for Rent

    604 Bartels St Unit 3, Monona, WI 53716

    Waterfront Living on the Yahara — 2 Bed, 1 Bath in MononaWake up to the water. This freshly updated 2-bedroom, 1-bath unit sits directly on the Yahara River, where the private dock is just steps from the living room — perfect for morning coffee, sunset drinks, or pushing off in the kayak whenever the mood strikes.The main living space and primary bedroom both look out over the

    604 Bartels St Unit 3, Monona, WI 53716
  • /14

    Starting at $1,375 Per Month

    • 2 Beds

    4915 Gordon Ave, Monona, WI 53716

    12 Month Lease, $1,375 deposit, Available Oct 1Monona: Come home to this two-bedroom, one-bathroom, large eat-in kitchen with dishwasher, ceiling fans, blinds, off-street parking, storage, laundry options available (rent for $50, bring your own or coin operated) in the basement. Water included in the rent. Off-street parking. Rent is $1375. Heat and electricity are extra. Bring your cat, $25

    4915 Gordon Ave - FULLY LEASED

    4915 Gordon Ave, Monona, WI 53716
  • /14

    Starting at $1,145 Per Month

    • 1 Bed

    101 Femrite Dr, Monona, WI 53716

    Executive East offers large 1 bedroom, 1 bathroom apartments just off Monona Drive. Within walking distance of countless dining options, easy access to the beltline, and just a short drive from Winnequah Park, Monona Community Pool, and Monona Grove High School. Heat, water, and off-street parking are all included in the rent. Coin-op laundry is located on both floors and additional storage

    Executive East Apartments

    101 Femrite Dr, Monona, WI 53716
  • /18

    $1,665

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,650 Sq Ft
    • Townhouse for Rent

    5914 Anthony Plaza, Monona, WI 53716

    This gorgeous freshly updated townhouse is located primely in the lovely wooded Frostwoods neighborhood of Monona.Newly remodeled last year with all new flooring, trim, carpet, bathrooms, kitchen, large living room and bonus finished basement space (for rec use only, no egress for bedroom) Includes one covered parking space! This community has amazing amenities such as the Library, Pool, Dream

    5914 Anthony Plaza, Monona, WI 53716
  • /38

    Starting at $1,135 Per Month

    • Studio - 2 Beds

    1674 Lake Point Dr, Madison, WI 53713

    In the heart of it all! Lake Point Terrace Apartments, offers comfort, convenience and affordability.Lake Point Terrace is a quiet community located two blocks from Lake Monona and is walking distance to beaches, parks, restaurants, and shopping. Enjoy easy access to the Beltline, public transportation, minutes away from the University of Wisconsin and downtown.Spacious and

    Lake Point Terrace

    1674 Lake Point Dr, Madison, WI 53713
  • /19

    Starting at $1,450 Per Month

    • 2 Beds

    202-206 Cottage Grove Rd, Madison, WI 53716

    The Grove Apartments is home to 112 apartments, including one bedroom, two bedroom and three bedroom styles. The Grove is ideally located near Lake Monona with excellent access to multiple public transportation routes. We are close to Olbrich Park and Botanical Gardens, the YMCA, a bike path, and several stores and restaurants.At The Grove, residents enjoy both underground and surface

    The Grove Apartments

    202-206 Cottage Grove Rd, Madison, WI 53716
  • /25

    Starting at $1,408 Per Month

    • 1 - 3 Beds

    1216 E Broadway, Monona, WI 53713

    Welcome to Broadway Lofts & Townhomes, tucked away in the serene landscapes of Monona, WI. We offer affordable housing with a harmonious blend of modern sophistication and tranquil living. Imagine starting your day in a sunlit home, where large windows frame the beauty of lush, tree-lined streets. Our exquisitely designed residences provide the perfect balance of style and comfort, with spacious

    Broadway Lofts and Townhomes

    1216 E Broadway, Monona, WI 53713
  • /25

    Starting at $1,360 Per Month

    • 2 - 3 Beds

    2232 W Broadway, Madison, WI 53713

    Discover The Royal Apartments on Madison's South Side, offering affordable, modern, upscale living with easy access to local restaurants, shops, parks, the Beltline Highway, and the shores of Lake Monona. Enjoy comfortable living with stylish amenities in a vibrant community. Find your new apartment today at The Royal Apartments!AFFORDABLE RENT PROGRAMThe Royal offers reduced rent

    The Royal

    2232 W Broadway, Madison, WI 53713
  • /17

    Starting at $1,215 Per Month

    • 1 - 3 Beds

    2 Waunona Woods Ct, Madison, WI 53713

    The New Monona Shores rests on the edge of Lake Monona and offers a superb location to nearby parks like Paunack (A.O) Park, Waunona Park or Capital Springs State Recreation Area. Enjoy access to Lake Monona and the bike path that runs right by our community. Conveniently located just minutes to schools, public transportation, shopping, restaurants and the Beltline and is only ten minutes to

    Monona Shores Apartments

    2 Waunona Woods Ct, Madison, WI 53713
  • /20

    Starting at $1,325 Per Month

    • 1 - 2 Beds

    211 Owen Rd, Monona, WI 53716

    Discover your new apartment home at Heritage Monona, for seniors 55 and better! Located at 211 Owen Road in Monona!!Give us a call today to schedule your tour! Make Heritage Monona your Home!

    Heritage Monona Senior Apartments

    211 Owen Rd, Monona, WI 53716
  • /6

    Starting at $1,100 Per Month

    • 1 Bed

    5800 Bjelde Ln, Monona, WI 53716

    Large 1 bedroom in quiet 10 unit building near conservancy, off street parking, storage, coin operated laundry in building.Great location to shopping, food, banking, Lake Monona, Aldo Leopold Nature Center, Olbrick Gardens.

    5800 Bjelde Ln, Monona, WI 53716
  • /22

    $1,500

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    6300 Eastgate Rd Unit D, Monona, WI 53716

    Spacious & Sunny 2-Bedroom Upper Apartment – Quiet 4-Unit Building; available 8/1 or afterEnjoy the peace and privacy of this spacious upper-level 2-bedroom apartment in a well-maintained, quiet four-unit building. Located in a charming neighborhood surrounded by single-family homes, you’ll appreciate the relaxed atmosphere without the crowds of large apartment complexes.Features

    6300 Eastgate Rd Unit D, Monona, WI 53716
  • /25

    $2,600

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 756 Sq Ft
    • House for Rent

    1404 Wyldhaven Ave, Monona, WI 53716

    Bright and private 2-bed/1-bath in Monona, just steps from the lake. Enjoy hardwood floors, a fenced yard perfect for pets, and wraparound front and rear decks for relaxing or entertaining. Attached garage, in-unit laundry, and generous basement storage make daily living easy. Both bedrooms offer practical layouts with good storage. Quiet street, friendly neighborhood vibe. Pets welcome with fee.

    1404 Wyldhaven Ave, Monona, WI 53716
  • /11

    $2,195 Per Month

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    5604 Bjelde Ln Unit 3, Monona, WI 53716

    Property Id: 2587858 A quiet but convenient location in the heart of Monona, this three unit apartment building has been newly remodeled. Located in a walkable neighborhood, a block away from Monona Drive and very close to Woodland Park, Forward Pharmacy, Ken's Meats and Deli, Java Abilities and Fabroni's. Tenants upstairs (two one bedroom units) are pleasant, quiet, friendly, and

    5604 Bjelde Ln Unit 3, Monona, WI 53716
  • /10

    $1,600 Per Month

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • House for Rent

    5107 Wallace Ave, Monona, WI 53716

    Property Id: 709531 Monona 1 bedroom/1 bathroom Apartment with lots of natural light and space. wood floors all utilities included pets considered (w/additional fee) quiet neighborhood private entrance owner managed

    5107 Wallace Ave, Monona, WI 53716
  • /51

    $2,600 Per Month

    • 2 Beds
    • 1 Bath
    • 756 Sq Ft
    • Charming 2-bed/1-bath Steps From Lake Monona

    1404 Wyldhaven Ave, Monona, WI 53716

    Bright and private 2-bed/1-bath in Monona, just steps from the lake. Enjoy hardwood floors, a fenced yard perfect for pets, and wraparound front and rear decks for relaxing or entertaining. Attached garage, in-unit laundry, and generous basement storage make daily living easy. Both bedrooms offer practical layouts with good storage. Quiet street, friendly neighborhood vibe. Pets welcome with fee.

    1404 Wyldhaven Ave, Monona, WI 53716
  • /3

    $1,880 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,500 Sq Ft
    • Spacious 3 level Townhome Available

    2568 S Stoughton Rd Unit 2568, Monona, WI 53716

    Our spacious 2-bedroom 1500 sq ft multi-level Townhomes, feature a functional layout, generous living space, custom kitchen, gas stove, microwave, soft close cabinets. This home offers comfortable living with large bedrooms, finished basement, Washer dryer set, ample storage, and a welcoming atmosphere. Central Air Gas heat and soft water. perfect for anyone needing extra space. Get over here and

    2568 S Stoughton Rd Unit 2568, Monona, WI 53716
  • /11

    $1,245 Per Month

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    2113 Lake Point Dr Unit 1, Madison, WI 53713

    2113 Lake Point Dr Unit 1, Madison, WI 53713

Why Live in Monona

Monona, Wisconsin, is a vibrant community situated on the shores of Lake Monona, offering a unique blend of lakeside living and suburban charm. Known for its friendly atmosphere, Monona boasts over four miles of lake shoreline and more than 330 acres of park space, including the popular Schluter Beach and Winnequah Park, which features a castle-like play area and a community center. Residents enjoy a variety of things to do, from casual concerts to the lively Monona Community Festival. The Monona Grove School District serves the area, with highly rated schools such as Winnequah School and Monona Grove High School, known for its strong STEM program. Housing options range from modest 1960s ramblers to grand lakefront homes, with streets lined by century-old oak trees. The commercial district along Monona Drive offers dining options like Salvatore’s Tomato Pies and Waypoint Public House, alongside popular chains. While local buses are available, most residents rely on cars for transportation, with Routes 51 and 18 providing access to the greater Madison area. Downtown Madison is approximately 7 miles away, visible across the lake. Flood risks are noted near Winnequah Park due to a nearby canal.

Frequently Asked Questions

How much does it cost to rent a home in Monona, WI?
The median rent for a home in Monona, WI is $2,060 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Monona, WI?
To comfortably afford the median rent in Monona, WI, a household needs to earn roughly $82,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,060 per month in Monona, WI, renters typically need to show $6,180 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Monona, WI?
In Monona, WI, the price-to-rent ratio is 18.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Monona, WI are best for renting a home?
The best neighborhood for renting in Monona, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Marquette, Atwood, Downtown Madison, Bay Creek and Tenney-Lapham, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
31
Median Rent
$2,060
Median Single Family Home Rent
$2,600
Median Condo Rent
$1,903
How to Rent a Home