
Cheap Homes for Rent in Downtown El Monte Neighborhood of El Monte, CA from $1,400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown El Monte area of El Monte.


3711 Cogswell Rd, Unit 221
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.

3815 Baldwin Ave, Unit 131

5250 La Madera Ave
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.
Downtown El Monte, El Monte, CA Local Guide

How much does it cost to rent a home in Downtown El Monte?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown El Monte 2 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
| Downtown El Monte 3 Bedroom Homes for Rent | $3,296 | $2,700 | $3,950 |
| Downtown El Monte 4 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown El Monte Neighborhood of El Monte, CA.
Explore El Monte
Best Value Apartments for Rent in Downtown El Monte, CA
As of April 13, 2026 the best value apartment in the Downtown El Monte area is the $2.35 price per square foot 3 Bed 2 Bath - 3629 Penn Mar Ave Model at 3627 Penn Mar Avenue in the in the Southeast Los Angeles neighborhood starting from $2,550. The second greatest value Downtown El Monte apartment is the 12445 Magnolia St Model at 12445 Magnolia St, Unit C starting at $1,150 with a $1.15 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3627 Penn Mar Avenue | 3 Bed 2 Bath - 3629 Penn Mar Ave | 3BR,2BA | $2.35 |
| 12445 Magnolia St, Unit C | 12445 Magnolia St | Studio ,1BA | $1.15 |
| Begonia Place | 1BR/1.0BA | 1BR,1BA | $5.60 |
| Atrium | 1 Bedroom | 1BR,1BA | $2.54 |
| Fashion Lane | 1 bed 1 bath | 1BR,1BA | $2.73 |
| Regency-Baldwin Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $3.00 |
| Flamingo Garden Senior | 1 Bedroom 1 Bath | 1BR,1BA | $2.60 |
| Aston at Gateway | A | Studio ,1BA | $4.28 |
| Parker CA | StudioR | Studio ,1BA | $3.57 |
| Palm Villas Apartments | Studio | Studio ,1BA | $4.61 |
Frequently Asked Questions about Downtown El Monte
What type of rentals are currently available in Downtown El Monte?
There are currently 650 Apartments for Rent in Downtown El Monte, CA with pricing that ranges from $1,150 to $5,150. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown El Monte ranging from $1,470 to $4,000.
What is the current price range for Rental Homes in Downtown El Monte?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown El Monte ranges from $1,470 to $4,000 with an average monthly rent of $2,782.
How much are larger Three and Four Bedroom Rentals in Downtown El Monte?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown El Monte range from $3,500 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $3,950. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $3,150.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Los Angeles, CA
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Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.