Average Rent in Monona County, IA↑ Rents rising 1.7% YoY🔻 4th cheapest in IA

Monona County, IA has rental prices ranging from $646/month to $1,428/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $668/month — 52% below the national average of $1,400/month. With a median household income of $62,944/year, spending $668/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.

How Monona County Compares

With an average 2-bedroom rent of $877/month, Monona County ranks #91 most expensive of the 94 cities tracked in Iowa — more affordable than 82% of all US cities in our data.

The Monona County Rental Market

The Monona County, IA area has a population of about 8,619 and 24% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Monona County, IA have risen by $15/month (1.7%) over the past year, from $862 to $877. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Monona County, IA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $26,720. The local median household income of $62,944 exceeds that threshold by $36,224, making Monona County relatively accessible compared to local wages.

Economy & Jobs

Monona County, IA has an unemployment rate of 3.0%, 0.9 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Is Monona County, IA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Monona County?

Break-even analysis and mortgage estimates based on local market data.

Living in Monona County

Cost of living, job market, crime rates, and moving cost estimates.