5+ Days Ago
Highlights
- Onsite maintenance
- Great views
Location
5430 Monona Dr, Monona, WI 53716, USA
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Property Overview
5430 Monona Drive earns strong marks for value, amenities, and location, with a Zumper Expert Rating of 8.5 out of 10 and standout scores for price, amenities, and location. It also offers onsite maintenance and great views, with nearby top-rated middle and high schools and a value-for-money ranking in the 92.31 percentile.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Less expensive
- High school nearby
Floor plans
| 0/1 | Studio | 1 bath | $1,020 /mo | ||||
| 1/1 | 1 bed | 1 bath | $1,110–$1,120 /mo |
Let's explore this property.
Amenities for 5430 Monona Drive
Apartment Amenities
| Air Conditioning | Balcony |
| Carpet | Central Heat |
| Heating | Laminate Counter Tops |
| Pantry | Private Balcony |
| Private Patio | View |
| Walk-in Closet | Window Coverings |
Appliances
| Garbage Disposal | Range |
| Refrigerator |
Tech
| Climate Control |
Building
| Controlled Access | Onsite Laundry |
| Smoke-free |
Grounds
| Storage |
Services
| Availability 24 Hours | On-Site Maintenance |
| On-Site Management | Recycling |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Application Fee
Per-applicant.
Contact Property
REQUIRED FEES
Admin Fee
One-time.
$40
Security Deposit
One-time. Refundable.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 41 |
|---|
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About 5430 Monona Drive
Located in the heart of Monona, this building is part of the pirate island apartment complexes, a local and family owned business for over 60 years. With onsite maintenance, great views, tranquility and unbeatable location, Colonial Apartments in Monona are the best kept secret in Madison!
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.9
/10
Very Good5430 Monona Drive is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 5430 Monona Drive is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
5430 Monona Drive goes above and beyond to provide sought-after conveniences and desirable perks, including availability 24 hours. Renters looking for popular or luxurious features will find them here—and for that reason, 5430 Monona Drive receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
5430 Monona Drive is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 5430 Monona Drive does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
5430 Monona Drive provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5430 Monona Drive compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.2 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.3 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Walk-in closet
- More closet space on average
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Monona
Studio apartments at 5430 Monona Drive cost about 24% less than the average rent price for studios in Monona.
1-bedroom apartments here are priced 11% lower than 1-bedrooms in Monona.
Median rents as of Jul 4 2026.
Monona
| Month | Median Rent |
|---|---|
| October 2024 | $1,200 |
| January 2025 | $1,360 |
| February 2025 | $1,360 |
| March 2026 | $1,050 |
| April 2026 | $1,096 |
| May 2026 | $1,256 |
| June 2026 | $1,325 |
| July 2026 | $1,340 |
Affordability calculator
Can I afford to live at 5430 Monona Dr?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$40,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $40,800 annually to afford this studio monthly rent price of $1,020.
For more information on rent affordability, visit our rent calculator.
Schools near 5430 Monona Drive
Winnequah School
800 greenway rd
monona, WI, 53716
PK, K-5Public
A-
Forest Edge Elementary School
4848 brassica rd
fitchburg, WI, 53711
PK, K-6Public
A-
Granite Ridge School
4500 buss rd
cottage grove, WI, 53527
3-5Public
B
Mendota Mental Health Institution
301 troy dr
madison, WI, 53704
PK, K-12Public
Taylor Prairie Elementary School
900 n parkview st
cottage grove, WI, 53527
PK, KPublic
B-
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Internet available near 5430 Monona Drive
Neighborhood
Getting around Monona near 5430 Monona Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 5430 Monona Dr, Monona
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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