Last updated
Average Rent in Monrovia 91016 & Rent Trends
Rent prices and market trends across 4 apartment communities in Monrovia 91016, Arcadia, CA. Updated daily.
Market Average
$3,929/mo
Lowest Available
$3,290/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
42
available now
Monrovia 91016 vs Arcadia, CA Average
Monrovia 91016 is more expensive the Arcadia, CA average by $704/mo (22%). The citywide average is $3,225/mo across all neighborhoods.
Is Rent Going Up or Down in Monrovia 91016?
As of July 2026, the average rent in Monrovia 91016 is $3,929 per month across 4 apartment communities and 42 available units.
The most affordable option is Trestle starting at $3,290/mo. By unit type, a 2-bedroom averages $3,929/mo.
Prices range from $3,290 to $8,185 per month. The most common price point is the $3,600 range, where 13 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Monrovia 91016
Rent Prices by Apartment in Monrovia 91016
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Trestle | $3,290/mo | $3,983/mo | 32 | 5 |
| Avalon Monrovia | $3,515/mo | $3,741/mo | 6 | 4.9 |
| Alexan Marmont | $3,548/mo | $3,780/mo | 3 | 4 |
| Paragon at Old Town Apartments | $3,776/mo | $3,776/mo | 1 | 4.8 |
Frequently Asked Questions About Rent in Monrovia 91016
What is the average rent in Monrovia 91016?
Is rent going up or down in Monrovia 91016?
What is the cheapest apartment in Monrovia 91016?
How many apartments are available in Monrovia 91016?
What salary do I need to live comfortably in Monrovia 91016?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$157,000/year
Based on the 30 percent rule, using our tracked average rent of $3,929/mo.
Comfortable income
$189,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($3,290/mo), you need to earn at least $132,000/year.
Median household income in Monrovia 91016 is $116,142 , about 38% below the comfortable-living threshold.
Cost of living in Monrovia 91016
Overall prices in Monrovia 91016 runs above the national average by about 15% (BEA Regional Price Parity index 114.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Monrovia 91016's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,929 |
| Utilities | $744 |
| Groceries | $578 |
| Transportation | $1,773 |
| Healthcare | $865 |
| Other goods and services | $1,384 |
| Estimated total | $9,273/mo |
Population
55,550
Median household income
$116,142
Census median rent
$2,118/mo
Rent as % of income
33.3%
Median age
43.2
Mean commute
30 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Monrovia 91016 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Monrovia 91016 Apartments
Browse all 4 communities with daily-updated pricing and availability.