Last updated
Average Rent in Monrovia 91016 & Rent Trends
Rent prices and market trends across 2 apartment communities in Monrovia 91016, Monrovia, CA. Updated daily.
Market Average
$2,732/mo
Lowest Available
$2,263/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
28
available now
Monrovia 91016 vs Monrovia, CA Average
Monrovia 91016 is the same price as the Monrovia, CA average . The citywide average is $2,732/mo across all neighborhoods.
Is Rent Going Up or Down in Monrovia 91016?
As of July 2026, the average rent in Monrovia 91016 is $2,732 per month across 2 apartment communities and 28 available units.
The most affordable option is MODA at Monrovia Station starting at $2,263/mo. By unit type, a studio averages $2,589/mo, a 1-bedroom averages $2,723/mo, a 2-bedroom averages $3,698/mo.
Prices range from $2,263 to $4,012 per month. The most common price point is the $2,400 range, where 11 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Monrovia 91016
Rent Prices by Apartment in Monrovia 91016
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| MODA at Monrovia Station | $2,263/mo | $2,596/mo | 19 | 4 |
| Areum | $2,457/mo | $3,019/mo | 9 | 4.1 |
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 much is a 1-bedroom 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
$109,000/year
Based on the 30 percent rule, using our tracked average rent of $2,732/mo.
Comfortable income
$131,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,263/mo), you need to earn at least $91,000/year.
Cost of living in Monrovia 91016
We only have live rent data for Monrovia 91016 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,732 |
| Estimated total | $2,732/mo |
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 are refreshed annually.
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 2 communities with daily-updated pricing and availability.