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Rental Market Trends in Monrovia, CA

Updated September 2026

The average rent in Monrovia, CA is $2,351/month.

Rent in Monrovia is 41% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$2,351/month

Average Rent

646 Sq Ft

Average Size

-4.7%

Change / Year

444

Available Apartments

Monrovia rent varies by unit size and layout:

  • Studio apartments in Monrovia average $2,023 per month.
  • One-bedroom apartments in Monrovia average $2,351 per month.
  • Two-bedroom apartments in Monrovia average $2,676 per month.
  • Three-bedroom apartments in Monrovia average $3,412 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,023/month
504 Sq Ft
One Bedroom
$2,351/month
646 Sq Ft
Two Bedroom
$2,676/month
861 Sq Ft
Three Bedroom
$3,412/month
1,078 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$3,264/month
853 Sq Ft
Three Bedroom
$4,278/month
1,544 Sq Ft
Four Bedroom
$7,431/month
3,030 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,883/month
866 Sq Ft
View Monrovia Apartments

How much has average rent changed in Monrovia, CA?

In the past year, rent has decreased by 4.7%, which averages out to $110 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Monrovia, CA

September 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Monrovia, CA
Percentage*
Rent Range
0% Below $700/month
3% $700 - $1,000/month
26% $1,001 - $1,500/month
29% $1,501 - $2,000/month
41% Above $2,000/month

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

Because the average rent in Monrovia is $2,351, you’ll want to make about $7,836 per month or $94,032 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

444 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.

View the Monrovia Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Duarte

    Duarte

    Avg Rent: $2,503/month

  • Arcadia

    Arcadia

    Avg Rent: $1,702/month

  • Azusa

    Azusa

    Avg Rent: $2,015/month

  • Sierra Madre

    Sierra Madre

    Avg Rent: $1,690/month

  • Baldwin Park

    Baldwin Park

    Avg Rent: $1,466/month

  • Temple City

    Temple City

    Avg Rent: $1,764/month

Apartment Communities in Monrovia We Think You'll Love

The Monroe

The Monroe

127 W Pomona St,
Monrovia, CA 91016

Studio - 3 Beds | $2,333 - $6,558

Solana at Duarte Station

Solana at Duarte Station

1750 Fasana Rd,
Duarte, CA 91010

Studio - 4 Beds | $2,172 - $5,436

Alexan Marmont

Alexan Marmont

1625 S Magnolia Ave,
Monrovia, CA 91016

Studio - 3 Beds | $2,351 - $5,480

Oak Park Apartments

Oak Park Apartments

125 W Olive Ave,
Monrovia, CA 91016

1-2 Beds | $1,999

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Frequently Asked Questions

What is the average rent in Monrovia?

The average rent in Monrovia is $2,351 per month, which is 41.2% higher than the national average of $1,665.

What is the average rent for a house in Monrovia?

The average rent for a house in Monrovia, CA is $4,278 per month.

Are rents going up or down in Monrovia?

Rents in Monrovia, CA are decreasing, with prices down 4.7% year-over-year and $110 less per month.

What rent range is most common in Monrovia?

In Monrovia, CA, 41% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity