Last updated
Average Rent in Monrovia, CA & Rent Trends
Rent prices and market trends across 1 apartment community in Monrovia, CA. Updated daily.
Market Average
$2,753/mo
Lowest Available
$2,409/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
13
available now
Price Cuts This Week in Monrovia, CA
3 listed units across 1 building offering studio units in Monrovia, CA dropped their asking rent in the past 7 days, an average cut of $168/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| MODA at Monrovia Station | Unit 15 | $2,692 | $2,489 | $203 |
| MODA at Monrovia Station | Unit 3 | $2,694 | $2,534 | $160 |
| MODA at Monrovia Station | Unit 8 | $2,587 | $2,445 | $142 |
Is Rent Going Up or Down in Monrovia, CA?
As of September 2026, the average rent in Monrovia, CA is $2,753 per month across 1 apartment community and 13 available units.
The most affordable option is MODA at Monrovia Station starting at $2,409/mo. By unit type, a studio averages $2,753/mo.
Prices range from $2,409 to $3,499 per month. The most common price point is the $2,400 range, where 6 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Monrovia, CA
Rent Prices by Apartment in Monrovia, CA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| MODA at Monrovia Station | $2,409/mo | $2,753/mo | 13 | 4 |
Frequently Asked Questions About Rent in Monrovia, CA
What is the average rent in Monrovia, CA?
Is rent going up or down in Monrovia, CA?
What is the cheapest apartment in Monrovia, CA?
How many apartments are available in Monrovia, CA?
What salary do I need to live comfortably in Monrovia, CA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$110,000/year
Based on the 30 percent rule, using our tracked average rent of $2,753/mo.
Comfortable income
$132,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,409/mo), you need to earn at least $96,000/year.
Median household income in Monrovia, CA is $97,083 , about 27% below the comfortable-living threshold.
Cost of living in Monrovia, CA
Overall prices in Monrovia, CA 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, CA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,753 |
| Utilities | $744 |
| Groceries | $578 |
| Transportation | $1,773 |
| Healthcare | $865 |
| Other goods and services | $1,384 |
| Estimated total | $8,097/mo |
Population
37,553
Median household income
$97,083
Census median rent
$2,009/mo
Census rent burden
30.8%
Median age
38.3
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, CA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Monrovia, CA Apartments
Browse all 1 communities with daily-updated pricing and availability.