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Rental Market Trends in Monrovia, CA

What is the average rent in Monrovia, CA?

$2,447/month

Average Rent

641 Sq Ft

Average Apartment Size

+3.6%

Increase in the Last Year

As of December 2025, the average rent in Monrovia, CA is $2,447 per month. This is 50% higher than the national average rent price of $1,631/month, making Monrovia one of the most expensive cities in the US. When you rent an apartment in Monrovia, you can expect to pay about $2,245 per month for a studio, $2,447 for a one-bedroom apartment, and around $2,714 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,425 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,245/month
548 Sq Ft
One Bedroom
$2,447/month
641 Sq Ft
Two Bedroom
$2,714/month
884 Sq Ft
Three Bedroom
$3,425/month
1,076 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,585/month
595 Sq Ft
Two Bedroom
$3,341/month
886 Sq Ft
Three Bedroom
$4,210/month
1,609 Sq Ft
Four Bedroom
$7,732/month
3,203 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Monrovia, CA?

In the past year, rent has increased by 3.6%, which averages out to $89 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Monrovia, CA?

Because the average rent in Monrovia is $2,447, you’ll want to make about $8,156 per month or $97,872 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Monrovia, CA

598 Available Apartments for Rent

Search for Nearby Apartments

How does Monrovia, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Monrovia, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Monrovia, CA

Apartment Averages

Nearby City Rent Trends

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Apartment communities in Monrovia we think you'll love

Trestle

Trestle

225 W Duarte Rd,
Monrovia, CA 91016

$2,225 - $8,185

Studio - 2 Beds

The Monroe

The Monroe

127 W Pomona St,
Monrovia, CA 91016

$2,297 - $6,305

Studio - 3 Beds

Alexan Marmont

Alexan Marmont

1625 S Magnolia Ave,
Monrovia, CA 91016

$2,295 - $4,420

Studio - 3 Beds

Foothill Terrace

Foothill Terrace

718-720 W Foothill Blvd,
Monrovia, CA 91016

$2,050

1 Bed

Property Management Companies in Monrovia, CA

Greystar
Greystar
  • 3,449

    Communities

  • 950,978

    Units

  • 876

    Cities

6 Communities in Monrovia
The Richman Group of Companies
The Richman Group of Companies
  • 51

    Communities

  • 12,460

    Units

  • 38

    Cities

1 Community in Monrovia
Legacy Partners
Legacy Partners
  • 40

    Communities

  • 10,281

    Units

  • 30

    Cities

1 Community in Monrovia
Sares-Regis Group
Sares-Regis Group
  • 36

    Communities

  • 7,807

    Units

  • 26

    Cities

1 Community in Monrovia

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United States California Monrovia Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity