• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Beverly Hills Apartments For Rent
    • Hollywood Apartments For Rent
    • Long Beach Apartments For Rent
    • Los Angeles Apartments For Rent
    • North Hollywood Apartments For Rent
    • Sanford Apartments For Rent
    • Santa Monica Apartments For Rent
    • Sherman Oaks Apartments For Rent
    • Studio City Apartments For Rent
    • Valley Village Apartments For Rent
  • Houses For Rent
    • Barrington Houses For Rent
    • Beverly Hills Houses For Rent
    • Hollywood Houses For Rent
    • Irvine Houses For Rent
    • Los Angeles Houses For Rent
    • Malibu Houses For Rent
    • Sherman Oaks Houses For Rent
    • Studio City Houses For Rent
    • Tarzana Houses For Rent
    • Van Nuys Houses For Rent
  • Condos For Rent
    • Barrington Condos For Rent
    • Beverly Hills Condos For Rent
    • Del Valle Finance Condos For Rent
    • Hollywood Condos For Rent
    • Irvine Condos For Rent
    • Los Angeles Condos For Rent
    • North Hollywood Condos For Rent
    • Oakwood Condos For Rent
    • Sanford Condos For Rent
    • Santa Monica Condos For Rent
  • Townhomes For Rent
    • Burbank Townhomes For Rent
    • Dana Point Townhomes For Rent
    • Gardena Townhomes For Rent
    • Glendale Townhomes For Rent
    • Hollywood Townhomes For Rent
    • Irvine Townhomes For Rent
    • Los Angeles Townhomes For Rent
    • Newport Beach Townhomes For Rent
    • North Hollywood Townhomes For Rent
    • Redondo Beach Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Monterey Park, CA

What is the average rent in Monterey Park, CA?

$1,533/month

Average Rent

388 Sq Ft

Average Apartment Size

-0.8%

Decrease in the Last Year

As of October 2025, the average rent in Monterey Park, CA is $1,533 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Monterey Park rent prices are 6% lower than the national average. When you rent an apartment in Monterey Park, you can expect to pay about $1,124 per month for a studio, $1,533 for a one-bedroom apartment, and around $1,825 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,996 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,124/month
449 Sq Ft
One Bedroom
$1,533/month
388 Sq Ft
Two Bedroom
$1,825/month
506 Sq Ft
Three Bedroom
$1,996/month
533 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,687/month
782 Sq Ft
Two Bedroom
$2,679/month
804 Sq Ft
Three Bedroom
$4,093/month
1,216 Sq Ft
Four Bedroom
$5,248/month
2,134 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,926/month
116 Sq Ft
Two Bedroom
$2,353/month
621 Sq Ft
Three Bedroom
$3,750/month
1,271 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,585/month
822 Sq Ft
Four Bedroom
$3,891/month
2,134 Sq Ft

How much has average rent changed in Monterey Park, CA?

In the past year, rent has decreased by 0.8%, which averages out to $12 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Monterey Park, CA
Last Updated October 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Monterey Park, CA
Percentage*
Rent Range
0% Below $700/month
6% $700 - $1,000/month
32% $1,001 - $1,500/month
35% $1,501 - $2,000/month
26% Above $2,000/month

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

Because the average rent in Monterey Park is $1,533, you’ll want to make about $5,110 per month or $61,320 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

Monterey Park, CA

240 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Monterey Park, 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 Monterey Park, CA

Apartment Averages

Nearby City Rent Trends

  • East Los Angeles Average Rent
  • Alhambra Average Rent
  • Montebello Average Rent
  • Rosemead Average Rent
  • San Gabriel Average Rent
  • Commerce Average Rent
  • South Pasadena Average Rent
  • South El Monte Average Rent

Apartment communities in Monterey Park we think you'll love

Atlantic Times Square

Atlantic Times Square

580 N Atlantic Blvd,
Monterey Park, CA 91754

$3,500 - $4,000

2-3 Beds

Province

Province

398 W Valley Blvd,
San Gabriel, CA 91776

$2,800 - $6,565

Studio - 3 Beds

Luxe 1801

Luxe 1801

1801 Garvey Ave,
Alhambra, CA 91803

$1,998 - $3,195

1-3 Beds

Emerald Hills

Emerald Hills

855-877 W El Repetto Dr,
Monterey Park, CA 91754

$2,398 - $2,510

Studio - 3 Beds

Property Management Companies in Monterey Park, CA

Greystar
Greystar
  • 3,429

    Communities

  • 947,442

    Units

  • 870

    Cities

1 Community in Monterey Park
FPI Management
FPI Management
  • 622

    Communities

  • 106,854

    Units

  • 220

    Cities

1 Community in Monterey Park
Cirrus Asset Management, Inc.
Cirrus Asset Management, Inc.
  • 90

    Communities

  • 10,814

    Units

  • 50

    Cities

1 Community in Monterey Park
Beach Front Property Management, Inc.
Beach Front Property Management, Inc.
  • 96

    Communities

  • 3,151

    Units

  • 33

    Cities

1 Community in Monterey Park
Positive Investments, Inc.
Positive Investments, Inc.
  • 44

    Communities

  • 3,694

    Units

  • 31

    Cities

1 Community in Monterey Park
Tripalink
Tripalink
  • 42

    Communities

  • 3,215

    Units

  • 11

    Cities

1 Community in Monterey Park
GK
GK
  • 11

    Communities

  • 1,401

    Units

  • 7

    Cities

1 Community in Monterey Park
Coastline Real Estate Advisors, Inc.
Coastline Real Estate Advisors, Inc.
  • 10

    Communities

  • 786

    Units

  • 5

    Cities

1 Community in Monterey Park

Learn More with Helpful Articles

Moving Out of State: How to Start Your Apartment Search in a New State

Go the distance and find your new home.

When Is the Best Time to Move?

The pros and cons of moving during each season.

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States California Monterey Park 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 2025.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Sitemap
apartments.com
© 2025 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity