Apartments for Rent in Monterey Park, CA

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What to Know About

Life in Monterey Park & Beyond

Monterey Park shares many of the great qualities that make California a desirable place to live.

California is the most populous state in the United States and is home to some of the world's most iconic cities, such as Los Angeles, San Diego, and San Francisco. It's known for its thriving economy and diverse landscapes, including beaches, deserts, and mountains. Immerse yourself in the state's history and traditions by visiting museums like the California Science Center and the Getty Center or attending worldwide renowned universities like Stanford University and the University of California, Berkeley.

There are also many outdoor recreation opportunities in the state, such as skiing in the Sierra Nevada Mountains, surfing along the Pacific Coast, and hiking in Yosemite National Park. There's something for everyone. Sports fans can enjoy cheering on the San Francisco 49ers (NFL), Los Angeles Kings (NHL), Los Angeles Dodgers (MLB), San Francisco Giants (MLB), Los Angeles Lakers (NBA), or Golden State Warriors (NBA). Also, check out famous attractions like the Golden Gate Bridge, Alcatraz Island, Disneyland, Hollywood, the historic city of San Francisco, and the mecca of Los Angeles.

With its warm and inviting climate, thriving economy, and high quality of life, Embrace the Golden State and discover why California is a great place to live.

Rental Market Trends

Monterey Park, CA

As of June 2026, Monterey Park's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Monterey Park's average rent is 18.5% ($509) lower than the California average of $2,756 and 25.0% ($450) higher than the U.S. average of $1,797.

Average Rent
$2,247
Monthly ChangeMonth Over Month Change
Increased7.3% ($153)
Yearly ChangeYear Over Year Change
Increased5.4% ($115)
Avg. Days on MarketAverage Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,912 Increased0.9% ($17) Increased4.2% ($77)
2 Beds $2,739 Increased21% ($476) Increased22.2% ($498)
3 Beds $3,799 Increased20.1% ($636) Increased8.5% ($298)
Nearby Cities Average Rent Avg. Rent vs. Monterey ParkAverage Rent vs. Monterey Park Avg. Days on MarketAverage Days on Market
Alhambra $2,247 No change 72 days
Rosemead $2,464 Increased9.7% ($217) 35 days
Montebello $2,369 Increased5.4% ($122) 35 days
San Gabriel $2,274 Increased1.2% ($27) 35 days
South Pasadena $2,441 Increased8.6% ($194) 34 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Monterey Park Rental Market FAQs

Explore rental prices, market trends, and availability in Monterey Park, CA.

The average rent in Monterey Park, CA is $2,247 per month.
Apartments in Monterey Park typically rent for between $1,338 and $4,939 per month, with an average of $2,247 per month.
In Monterey Park, the average rent for a 1-bedroom apartment is $1,912 per month, for a 2-bedroom apartment, $2,739 per month, and a 3-bedroom apartment is $3,799 per month.
The average rent in Monterey Park is 25% ($450) higher than the national average of $1,797 per month.
The average rent in Monterey Park has increased by 7.3% ($153) in the last month and increased by 5.4% ($115) over the past year.
The rental market in Monterey Park, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Monterey Park, CA, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 21 rental properties available in Monterey Park, CA.
Based on the current averages, a household would need an annual income of $109,560 to comfortably afford a 2-bedroom apartment in Monterey Park.
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