Monona, IA Real Estate

According to census data in the year 2000 there were 702 housing units in Monona. This represents a 4.5% growth from 672 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 702 were located in what is classified as a rural area.

Homeownership rate in Monona is about 75.1%. Monona's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Monona were built after 1942.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9.10%
Two Bedrooms29.50%
Three Bedrooms39.30%
Four Bedrooms18.10%
Five Bedrooms or more4%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1939
Median Value of occupied units$62,500
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.74
Median year structure was built1950
Median Monthly Rent asked for vacant units$278

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.30%
Home Equity Loan4.20%
Simple Mortgage42.60%
Debt Free45.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%