Cheap Apartments for Rent in the Downtown El Monte Neighborhood of El Monte, CA from $700 (268 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown El Monte area of El Monte.

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Aston at Gateway
Rent Specials
$2,193 - $3,742
Total Monthly Price

Total Monthly Price

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$2,193 - $3,742

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Studio to 2 Bedroom Apartments Available Now

Aston at Gateway

10568 Gateway PromenadeEl Monte, CA 91731
Corporate Housing
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3231 Utah Ave
Studio to 1 Bedroom Apartments

3231 Utah Ave

3231 Utah AveEl Monte, CA 91731
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12100 Ferris Rd
3 Bedroom Apartments

12100 Ferris Rd

12100 Ferris RdEl Monte, CA 91732
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3918 Velma Ave
Studio to 3 Bedroom Apartments

3918 Velma Ave

3918 Velma AveEl Monte, CA 91731

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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3435 Gilman Rd
2 Bedroom Apartments

3435 Gilman Rd

3435 Gilman RdEl Monte, CA 91732
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3915 Penn Mar Ave
Studio to 2 Bedroom Apartments

3915 Penn Mar Ave

3915 Penn Mar AveEl Monte, CA 91732
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4655 Arden Way
Studio Apartments

4655 Arden Way

4655 Arden WayEl Monte, CA 91731
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12223 Magnolia St
2 Bedroom Apartments

12223 Magnolia St

12223 Magnolia StEl Monte, CA 91732

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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2708 Penn Mar Ave
1 to 2 Bedroom Apartments

2708 Penn Mar Ave

2708 Penn Mar AveEl Monte, CA 91732
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2820 Meeker Ave
3 Bedroom Apartments

2820 Meeker Ave

2820 Meeker AveEl Monte, CA 91732
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11930 Deana St
2 Bedroom Apartments

11930 Deana St

11930 Deana StEl Monte, CA 91732

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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11215 Mulhall St
2 Bedroom Apartments

11215 Mulhall St

11215 Mulhall StEl Monte, CA 91731
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2826 Cogswell Rd
2 to 3 Bedroom Apartments

2826 Cogswell Rd

2826 Cogswell RdEl Monte, CA 91732
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11136 Mcgirk Ave
2 Bedroom Apartments

11136 Mcgirk Ave

11136 Mcgirk AveEl Monte, CA 91731
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3511 Gibson Rd
1 to 3 Bedroom Apartments

3511 Gibson Rd

3511 Gibson RdEl Monte, CA 91731
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11513 Medina Ct
1 Bedroom Apartments

11513 Medina Ct

11513 Medina CtEl Monte, CA 91731

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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11149 Dodson St
1 Bedroom Apartments

11149 Dodson St

11149 Dodson StEl Monte, CA 91733
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11844 Ferris Rd
1 to 2 Bedroom Apartments

11844 Ferris Rd

11844 Ferris RdEl Monte, CA 91732
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3456-3460 La Madera Ave
1 to 2 Bedroom Apartments

3456-3460 La Madera Ave

3456-3460 La Madera AveEl Monte, CA 91732
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12101 Killian St
1 to 2 Bedroom Apartments

12101 Killian St

12101 Killian StEl Monte, CA 91732
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5321 Buffington Rd
1 to 3 Bedroom Apartments

5321 Buffington Rd

5321 Buffington RdEl Monte, CA 91732
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3908 Cogswell Rd
Studio Apartments

3908 Cogswell Rd

3908 Cogswell RdEl Monte, CA 91732
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3046 Sastre Ave
Studio Apartments

3046 Sastre Ave

3046 Sastre AveEl Monte, CA 91733

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Cheapest Available Downtown El Monte Apartments for Rent

 

The cheapest available apartment rental in the Downtown El Monte area of Los Angeles, CA is a Studio unit found at Palm Villas Apartments priced from $1,175. Parker CA has the second lowest priced unit, which is a Studio apartment currently listed from $1,631. Here are the most affordable Downtown El Monte apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Palm Villas ApartmentsStudioStudio,1BA$1,175
Parker CAStudioRStudio,1BA$1,631
The Penthouse1 Bed 1 Bath1BR,1BA$1,799
Villa Granada1 Bathroom + 1 Bath with Patio1BR,1BA$1,875
3627 Penn Mar Avenue1 Bed 1 Bath - 3629 Penn Mar Ave1BR,1BA$1,900
Aston at GatewayAStudio,1BA$2,193
Fashion Lane2 bed 1.75 bath2BR,1BA$2,495
Begonia Place Luxury Apartments2BR/2.0BA2BR,2BA$3,295

Best Value Apartments for Rent in Downtown El Monte, CA

As of July 15, 2026 the best value apartment in the Downtown El Monte area is the $2.44 price per square foot 5712 Noel Dr Model at 5712 Noel Dr, Unit 5718 in the in the Southeast Los Angeles neighborhood starting from $4,700. The second greatest value Downtown El Monte apartment is the 2 bed 1.75 bath Model at Fashion Lane starting at $2,495 with a $2.56 price per square foot in the Southeast Los Angeles neighborhood. Here is today’s list of the best values for Downtown El Monte apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5712 Noel Dr, Unit 57185712 Noel Dr4BR,4BA$2.44
Fashion Lane2 bed 1.75 bath2BR,1.75BA$2.56
Villa Granada1 Bathroom + 1 Bath with Patio1BR,1BA$2.14
3627 Penn Mar Avenue1 Bed 1 Bath - 3629 Penn Mar Ave1BR,1BA$2.62
Begonia Place Luxury Apartments1BR/1.0BA1BR,1BA$4.78
Aston at GatewayB1BR,1BA$3.99
Regency-Baldwin Apartments1 Bedroom 1 Bath1BR,1BA$3.00
The Penthouse1 Bed 1 Bath1BR,1BA$3.60
Parker CAStudioRStudio ,1BA$3.62
Palm Villas ApartmentsStudioStudio ,1BA$4.61

Frequently Asked Questions about Cheap Downtown El Monte Apartments

What is a cheap apartment in Downtown El Monte?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown El Monte is under $3,295.

What is the price of a cheap apartment in Downtown El Monte?

The cheapest apartment in Downtown El Monte is The Penthouse which is listed at $1,799, while the average apartment in Downtown El Monte costs $4,700.

What types of apartments are the cheapest in Downtown El Monte?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Downtown El Monte that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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