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Monona, WI
Full City Profile · Wisconsin · Dane County County
3.7
/5.0
B+
Good
8,604
Population
2,639/sq mi density
$87,784
Median Income
$54,757 per capita
$390,400
Home Value
$457,139 Zillow
$1,207
Median Rent
29.1% income on rent
47°F
Avg Temperature
246 sunny days/yr
111
Violent Crime/100K
7,698 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$87,784 median income, 2.6% unemployment
A
Affordability
4.2 / 5.0
$390,400 home value, $1,207/mo rent
F
Safety
1.0 / 5.0
111 violent crimes/100K
A+
Education
5.0 / 5.0
57.5% bachelor's degree or higher
Housing Overview
Median Home Value
$390,400
38% above
US avg: $281,900
Median Rent
$1,207/mo
4% above
US avg: $1,163/mo
Homeownership Rate
53.6%
18% below US avg (65.4%)
Total Housing Units
4,326
Median year built: 1960
Home Value by Source
Census Median
$390,400
Zillow (ZHVI)
$457,139
Median Sale Price
$447,500
Median List Price
$429,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
53.6%
Owner-Occupied
46.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent:
$1,207/mo
Market Indicators (Redfin)
Median Days on Market
64 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
6
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$284
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
29.1%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
53.6%
Complete Housing Data
Home Values
| Census Median Value | $390,400 |
| Zillow Home Value (ZHVI) | $457,139 |
| Median Sale Price | $447,500 |
| Median List Price | $429,000 |
| Price Per Sq Ft | $284 |
Rent
| Census Median Rent | $1,207 |
| FMR Studio | $797 |
| FMR 1-Bedroom | $872 |
| FMR 2-Bedroom | $1,097 |
| FMR 3-Bedroom | $1,405 |
| FMR 4-Bedroom | $1,572 |
Market
| Days on Market | 64 |
| Sale-to-List Ratio | 1.1% |
| Price Drops | 12.5% |
| Homes Sold | 6 |
| Active Inventory | 8 |
| Price Per Sq Ft | $284 |
Ownership & Stock
| Owner-Occupied | 53.6% |
| Renter-Occupied | 46.4% |
| Homeownership Rate | 53.6% |
| Total Housing Units | 4,326 |
| Median Year Built | 1960 |
| Rent Burden | 29.1% |