
Cheap Homes for Rent in Monrovia, CA from $1,700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Monrovia.


324 E Lime Ave

118 Fano St

15415 Sandstone St

648 Anita St
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.

648 Anita St, Unit 1

224 W Palm Ave, Unit E-5

843 W Walnut Ave, Unit B

1189 Sierra Madre

2405 Lorain Rd
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.
Monrovia, CA Local Guide

How much does it cost to rent a home in Monrovia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monrovia 2 Bedroom Homes for Rent | $3,079 | $2,100 | $5,000 |
| Monrovia 3 Bedroom Homes for Rent | $4,769 | $3,050 | $8,500 |
| Monrovia 4 Bedroom Homes for Rent | $4,013 | $3,600 | $4,500 |
| Monrovia 5 Bedroom Homes for Rent | $5,297 | $5,000 | $5,595 |
| Monrovia 6 Bedroom Homes for Rent | $7,100 | $7,100 | $7,100 |
Browse Top Homes for Rent in Monrovia
Explore Monrovia
Monrovia, CA Local Guide
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Cheapest Available Monrovia Apartments for Rent
 The cheapest available apartment rental in Monrovia, CA is a 1 Bed unit found at Heritage Park in the Las Lomas neighborhood priced from $1,590. Park Plaza in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,650. Here is today’s list of the most affordable Monrovia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Park | 1 Bedroom 1 Bath | 1BR,1BA | $1,590 |
| Park Plaza | Studio | Studio,1BA | $1,650 |
| Parker CA | StudioR | Studio,1BA | $1,750 |
Best Value Apartments for Rent in Monrovia, CA
As of April 10, 2026 the best value apartment in the Monrovia area is the $2.04 price per square foot 3 bedroom Model at 420 Fairview Ave in the in the East San Gabriel neighborhood starting from $3,295. The second greatest value Monrovia apartment is the You will be glad to call us home! Model at Monrovia Villas starting at $2,600 with a $2.58 price per square foot in the Butler neighborhood. Here is today’s list of the best values for Monrovia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 420 Fairview Ave | 3 bedroom | 3BR,2BA | $2.04 |
| Monrovia Villas | You will be glad to call us home! | 2BR,2BA | $2.58 |
| French Court Apartments | 2 Bedroom | 2BR,1BA | $2.52 |
| 521 E Live Oak Ave | 2 Beds, 1 Baths | 2BR,1BA | $3.00 |
| Royal Park Apartments | 2BR 1BA | 2BR,1BA | $2.82 |
| Villa Valencia Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2.59 |
| 5610 Welland Ave, Unit 03 | 5610 Welland Ave | 1BR,1BA | $2.50 |
| Highland Downs Apartments | The Preakness | 1BR,1BA | $2.85 |
| Ridgewood Apartments | 2 Bed 1 Bath | 2BR,1BA | $3.19 |
| Foothill Terrace | 1 Bed 1 Bath | 1BR,1BA | $2.93 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleA Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Learn About the Best Neighborhoods to Rent Near College Campuses in Los Angeles, CA | Find Los Angeles Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Monrovia, CA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monrovia, CA Rentals by Map
See the most popular apartments and homes in Monrovia, CA
Frequently Asked Questions about Monrovia
What type of rentals are currently available in Monrovia?
There are currently 589 Apartments for Rent in Monrovia, CA with pricing that ranges from $1,742 to $8,185. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monrovia ranging from $1,725 to $8,500.
What is the current price range for Rental Homes in Monrovia?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monrovia ranges from $1,725 to $8,500 with an average monthly rent of $4,029.
How much are larger Three and Four Bedroom Rentals in Monrovia?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monrovia range from $3,295 to $5,408, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,050 to $8,500. Four Bedroom Single-Family rentals are also available starting from $3,600 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
Written by: Rachel Presser
Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.

A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Written by: Rachel Presser
When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

More Than Just Hollywood: A Local Experts Deep Dive into LA Living
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

The LA Price Check: Separating Cost of Living Myth from Reality
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.
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.