Monona, Wisconsin Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Monona, Wisconsin rental market.
Monona, Wisconsin
Average Apartment Rent
$1,609
Y-o-Y Change in Average
Apartment Rent
2.7%
As of March 2026
Compared to a year ago, Monona, Wisconsin apartments have recorded a 2.7% rent increase.
Monona, Wisconsin Average apartment rent trend
Monona, Wisconsin Average Apartment Rent
Monona, Wisconsin Apartment rent ranges
At 51.24%, apartments priced $1,000 - $1,500 represent the bulk of Monona, Wisconsin rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.68%.
Monona, Wisconsin Housing tenure**
Renters take up 44% of Monona, Wisconsin real estate, occupying a total of 1,822 units, while homeowners live in 2,325 properties.
Median number of rooms of renter-occupied housing units**
3.3
Renter median household income**
$51,809
Average household size of renter-occupied housing units**
1.62
Rental vacancy rate**
4.3%
Monona, Wisconsin Renter-occupied housing units by no. of bedrooms**
There are 798 rentals in Monona, Wisconsin with 1 bed making up the highest share of the market, at 44%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 11 units. Overall, the median number of rooms in Monona, Wisconsin homes for rent is 3.3.
Monona, Wisconsin Renter-occupied units by age of householder**
Most condos for rent in Monona, Wisconsin are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 45 - 54 years age group (14%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Monona, Wisconsin Renter-occupied housing units by family type**
Monona, Wisconsin Renter-occupied housing units by the presence of own children**
A total of 467 apartments for rent in Monona, Wisconsin, or 26% of all rentals are family households. Additionally, 15% of rental homes include children under the age of 18 – that’s 267 units. All in all, the median size of a renter-occupied household in Monona, Wisconsin is 1.62.
Monona, Wisconsin Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 43% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Monona, Wisconsin.
Monona, Wisconsin Renter-occupied units by year structure built**
The highest share of Monona, Wisconsin apartment rentals, namely 23% or 415 units, were Built 1950 - 1959, followed by those Built 2010 - 2019 (21%, 386 units), and the ones Built 1960 - 1969 (19%, 353 units).
Monona, Wisconsin Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Monona, Wisconsin renters (38%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Monona, Wisconsin condos for rent is 2018.
Monona, Wisconsin Renter-occupied housing units by vehicles available**
When it comes to transportation options, 62% of Monona, Wisconsin renters have 1 vehicle available per household, 18% of them have 2 vehicles available, and 9% have No vehicle available.
Monona, Wisconsin Means of transportation to work of householders living in renter-occupied housing units**
Monona, Wisconsin Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Monona, Wisconsin apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
