How much does it cost to rent at Areum?

Rent at Areum in Monrovia, CA ranges from $2,457 to $4,012 per month as of July 29, 2026.

What is the average studio rent at Areum?

The average studio apartment at Areum costs $2,457/month, starting from $2,457.

What is the average 1 bed rent at Areum?

The average 1 bed apartment at Areum costs $2,723/month, starting from $2,609.

What is the average 2 bed rent at Areum?

The average 2 bed apartment at Areum costs $3,698/month, starting from $3,540.

Is Areum a good apartment complex?

Areum has a 4.1-star rating on Google based on 53 reviews.

Updated today at 6:06 a.m. PT

Areum

Name: Areum
Address: 1110 S 5th Ave, Monrovia, CA, 91016, US
Telephone: (833) 788-0861
Rating: 4.1

1110 S 5th Ave, Monrovia, CA 91016, USA

4.1 (53 reviews) Official Website (833) 788-0861

Live pricing, refreshed today at 6:06 a.m. PT

Units Listed

$2,457

Starting at

$3,019

Average

$4,012

Highest

$3.61

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Monrovia 91016 rent trends

Beds

Pricing by Bedroom

Studio

$2,457

from $2,457 · 1 units

~578 sqft avg

1 Bed

$2,723

from $2,609 · 5 units

~767 sqft avg

2 Bed

$3,698

from $3,540 · 3 units

~1,140 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (4)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: modeled from how many distinct units we have observed over time
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$23K

$281K annual run rate

Modeled estimate

Est. Occupancy

44%

of about 16 units (modeled from leasing activity)

Effective Rent on New Leases

$3,350

vs $3,019 current asking

Recent Lease Activity

16 units tracked; 7 assumed leased, 9 listed now

See which units leased, when they left the market, and the rent they leased at.

Unlock with Pro

Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Moderate availability

9 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Monrovia, CA

Similar

MODA at Monrovia Station

$2,263

Areum

$2,457

Comparing this building against 1 similar Monrovia, CA apartments by price. Click any bar to view that building.

See rent trends on the Monrovia, CA map Explore Monrovia, CA on the interactive map

Available Units

Sort

9 units

Studio / 1 Bath S1

$2,457/mo

578 ft² · $4.25/ft² · #1

Down $24 since Jul 19 (was $2,481)

1 Bed / 1 Bath A2.2

$2,609/mo

757 ft² · $3.45/ft² · #2

Up $57 since Jul 19 (was $2,552)

1 Bed / 1 Bath A1

$2,702/mo

694 ft² · $3.89/ft² · #6

1 Bed / 1 Bath A3.1

$2,752/mo

775 ft² · $3.55/ft² · #4

Up $59 since Jul 19 (was $2,693)

1 Bed / 1 Bath A3.2

$2,777/mo

790 ft² · $3.52/ft² · #3

Up $59 since Jul 19 (was $2,718)

1 Bed / 1 Bath A3.3

$2,777/mo

821 ft² · $3.38/ft² · #5

2 Bed / 2 Bath B2.2

$3,540/mo

· #8

2 Bed / 2 Bath B2.3

$3,543/mo

1,092 ft² · $3.24/ft² · #7

2 Bed / 2 Bath B3

$4,012/mo

1,188 ft² · $3.38/ft² · #9

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
1	S1	Studio / 1ba	578	$2,457	$4.25	--	Pro	Down $24 since Jul 19
2	A2.2	1bd / 1ba	757	$2,609	$3.45	--	Pro	Up $57 since Jul 19
6	A1	1bd / 1ba	694	$2,702	$3.89	--	Pro
4	A3.1	1bd / 1ba	775	$2,752	$3.55	--	Pro	Up $59 since Jul 19
3	A3.2	1bd / 1ba	790	$2,777	$3.52	--	Pro	Up $59 since Jul 19
5	A3.3	1bd / 1ba	821	$2,777	$3.38	--	Pro
8	B2.2	2bd / 2ba	--	$3,540	--	--	Pro
7	B2.3	2bd / 2ba	1,092	$3,543	$3.24	--	Pro
9	B3	2bd / 2ba	1,188	$4,012	$3.38	--	Pro

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Monrovia, CA notes

No resident notes for this property yet.