Rentometer, Inc. | Data as of 10/23/2025
Monterey Park’s rental market offers a balanced mix of modern apartments and spacious single‑family homes, catering to young professionals, growing families, and anyone seeking the vibrant lifestyle of Southern California. Apartments in the city typically start in the $1700s for a comfortable one‑bedroom unit, while larger three‑bedroom layouts reach the $4000 range, providing ample space for roommates or families. For those who prefer a house, rental rates begin in the $2100s for a cozy one‑bedroom residence and climb to the $4600 range for expansive four‑plus bedroom homes, ideal for multigenerational living or those who need extra room for home offices.
Neighborhoods such as the historic Garces Memorial Circle and the bustling Monterey Park Chinese shopping district add distinct cultural flair and convenient amenities to the rental experience. Residents enjoy easy access to well‑maintained parks, reputable schools, and a variety of dining options ranging from traditional dim sum to contemporary American cuisine. The city’s proximity to major transit corridors and nearby commercial centers like the Atlantic Times Square Shopping Center further enhances its appeal for commuters and shoppers alike.
Whether you’re searching for a sleek apartment close to nightlife and public transportation, or a family‑friendly house near top‑rated schools and green spaces, Monterey Park’s rental landscape provides diverse options that align with a range of lifestyles and budgets. The city’s blend of cultural richness, convenient location, and quality housing makes it a sought‑after destination for renters throughout the Greater Los Angeles area.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,704 | $2,000 | $945 - $2,200 | $1,350 - $2,083 |
| Apartment | 2 Bedroom | $2,625 | $2,495 | $1,760 - $3,600 | $2,300 - $2,800 |
| Apartment | 3 Bedroom | $4,127 | $4,000 | $2,967 - $5,800 | $4,000 - $4,000 |
| House | 1 Bedroom | $2,137 | $2,025 | $1,700 - $2,800 | $1,850 - $2,800 |
| House | 2 Bedroom | $2,646 | $2,700 | $1,500 - $3,300 | $2,400 - $2,800 |
| House | 3 Bedroom | $3,836 | $3,775 | $2,500 - $7,500 | $3,500 - $3,950 |
| House | 4+ Bedroom | $4,613 | $4,300 | $3,397 - $8,000 | $4,000 - $5,000 |
In the current period, the average rent in Monterey Park was
$1,775 for 1 Bedroom,
$2,638 for 2 Bedroom,
$3,866 for 3 Bedroom, and
$4,471 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.