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Affordable apartments in Monona, Wisconsin

4 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

1 section 81 section 2022 lihtc

Buildings

MONONA MEADOWS

Section 8
250 FEMRITE DR, Monona, WI, 53716
Income-restricted units
76 of 76
Year placed in service
Not reported

Estimated total housing cost: $1,150 rent + $121 utilities = $1,271/mo

Contact property management for current availability. Waitlists may apply.

MONONA MEADOWS

Section 202
250 FEMRITE DR, Monona, WI, 53716
Income-restricted units
76 of 76
Year placed in service
Not reported

Estimated total housing cost: $1,150 rent + $121 utilities = $1,271/mo

Contact property management for current availability. Waitlists may apply.

FROST WOODS SENIOR HOUSING

LIHTC
101 FROST WOODS RD, MONONA, WI, 53716
Income-restricted units
67 of 67
Year placed in service
2004
Bedroom mix
29 1BR · 39 2BR

Estimated total housing cost: $1,150 rent + $121 utilities = $1,271/mo

Contact property management for current availability. Waitlists may apply.

HERITAGE MONONA

LIHTC
211 OWEN RD, MONONA, WI, 53716
Income-restricted units
19 of 88
Year placed in service
2009
Bedroom mix
43 1BR · 45 2BR

Estimated total housing cost: $1,150 rent + $121 utilities = $1,271/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Wisconsin

Residential electricity in Wisconsin runs about 18.37¢/kWh, with a typical monthly residential electric bill near $121. Natural gas runs about $12.93/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Monona, WI

Metro-level
BedroomsLocal FMRNational median
Studio$978n/a
1 bedroom$1,093n/a
2 bedroom$1,150$1,502
3 bedroom$1,495n/a
4 bedroom$1,725n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Dane County, WI

Madison, WI. FY2025. Area median income: $129,800.

Household size30% AMI50% AMI80% AMI
1 person$27,300$45,450$72,700
2 people$31,200$51,950$83,100
3 people$35,100$58,450$93,500
4 people$38,950$64,900$103,850
5 people$42,100$70,100$112,200
6 people$45,200$75,300$120,500
7 people$48,650$80,500$128,800
8 people$54,150$85,700$137,100

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Monona cost-of-living and Fair Market Rent overview