Average Rent in Monterey Park, CA
1 apartment buildings, 12 units. Daily asking prices with rent history for every building.
Browse apartments in Monterey Park, CAAvg Rent
$2,394/mo
median $2,384
market average
Cheapest
$1,866/mo
Emerald Hills Apartments-FPI Management
Properties
1
tracked daily
Units
12
available now
Monterey Park, CA Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 1 properties in Monterey Park, CA.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Monterey Park, CA Rent Prices
All 1 properties ranked by lowest available rent.
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Emerald Hills Apartments-FPI Management 855 W El Repetto Dr, Monterey Park, CA 91754, USA | $1,866 | $2,394 | $2.55/ft² | 3.4 (59) | 12 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
By Area
Monterey Park, CA neighborhoods
Tracked buildings across 1 named neighborhoods. Pick one to see its apartments.
Monterey Park, CA Average Rent Prices 2026
The average rent in Monterey Park, CA is $2,394 per month, based on 12 units across 1 apartment communities. Prices range from $1,866 at Emerald Hills Apartments-FPI Management to $3,063 at Emerald Hills Apartments-FPI Management.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,866/mo | $1,866/mo | 1 |
| 2 Bed | $2,380/mo | $2,321/mo | 10 |
| 3 Bed | $3,063/mo | $3,063/mo | 1 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Monterey Park, CA, and what they pay
Tracked tracked rent in Monterey Park, CA averages $2,394/mo. At the local median household income of $77,605, that works out to 37% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Monterey Park, CA at $1,845/mo. The current tracked market average runs 30% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Monterey Park, CA while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Monterey Park, 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
$96,000/year
Based on the 30 percent rule, using our tracked average rent of $2,394/mo.
Comfortable income
$115,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,866/mo), you need to earn at least $75,000/year.
Median household income in Monterey Park, CA is $77,605 , about 32% below the comfortable-living threshold.
Cost of living in Monterey Park, CA
Overall prices in Monterey Park, 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 Monterey Park, CA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,394 |
| Utilities | $744 |
| Groceries | $578 |
| Transportation | $1,773 |
| Healthcare | $865 |
| Other goods and services | $1,384 |
| Estimated total | $7,738/mo |
Population
59,639
Median household income
$77,605
Census median rent
$1,845/mo
Census rent burden
35.5%
Median age
45.5
Mean commute
29 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.
Compare
Nearby cities in California
How Monterey Park, CA rent compares to other markets in the state.
| City | Avg Rent | vs Monterey Park, CA | 30-Day Change | Properties |
|---|---|---|---|---|
| Los Angeles, CA | $3,148 | +31% | +1.9% | 50 |
| San Diego, CA | $3,548 | +48% | +2.4% | 34 |
| Anaheim, CA | $2,843 | +19% | +1.1% | 33 |
| Riverside, CA | $2,482 | +4% | -2.2% | 25 |
| Sacramento, CA | $2,225 | -7% | +2.8% | 23 |
| Antioch, CA | $2,340 | -2% | 0% | 22 |
Frequently asked questions
What is the average rent in Monterey Park, CA?
The average rent in Monterey Park, CA is $2,394 per month, based on 12 units across 1 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Monterey Park, CA?
The median asking rent in Monterey Park, CA is $2,384 per month, computed from 12 live listed units and refreshed daily. The average is $2,394/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Monterey Park, CA?
The lowest available rent in Monterey Park, CA starts at $1,866 per month. Availability changes daily and prices are refreshed each morning.
How much is a 2-bedroom apartment in Monterey Park, CA?
2-bedroom apartments in Monterey Park, CA average $2,380/mo. Units start from $2,321/mo across 10 units currently listed.
Rent Trends in Monterey Park, CA
Track how apartment prices are changing over time.
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