Cheap Homes for Rent in Monrovia, CA from $1,100 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Monrovia.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Monrovia, CA Local Guide

Cheapest Available Monrovia Apartments for Rent

 

The cheapest available apartment rental in Monrovia, CA is a Studio unit found at Park Plaza in the Southeast Los Angeles neighborhood priced from $1,650. Park Plaza South 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 ListingModel NameBed/BathPriced From
Park PlazaStudioStudio,1BA$1,650
Park Plaza South0 bed, 1 bathStudio,1BA$1,650
Ridgewood Apartments1 Bed 1 Bath1BR,1BA$1,695

Best Value Apartments for Rent in Monrovia, CA

As of June 15, 2025 the best value apartment in the Monrovia area is the $2.58 price per square foot Two Bedroom- Two Bath Model at Monrovia Villas in the in the Cotter neighborhood starting from $2,600. The second greatest value Monrovia apartment is the Unit C Model at 140 E Colorado Blvd starting at $2,595 with a $3.09 price per square foot in the Sierra Madre Canyon neighborhood. Here is today’s list of the best values for Monrovia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Monrovia VillasTwo Bedroom- Two Bath2BR,2BA$2.58
140 E Colorado BlvdUnit C2BR,1.5BA$3.09
521 E Live Oak Ave2 Beds, 1 Baths2BR,1BA$3.00
Colorado2 bed 1 bath2BR,1BA$3.15
Villa Valencia Apartments1 Bedroom 1 Bath1BR,1BA$2.50
Bradbury Park ApartmentsOne Bedroom1BR,1BA$2.94
Foothill Terrace1 Bedroom1BR,1BA$2.86
Ridgewood Apartments1 Bed 1 Bath1BR,1BA$2.83
Vecino Capri1 Bedroom1BR,1BA$3.10
2415 Palm Cir, Unit A2415 Palm CirStudio ,1BA$3.27

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Monrovia

What type of rentals are currently available in Monrovia?

There are currently 594 Apartments for Rent in Monrovia, CA with pricing that ranges from $1,695 to $16,800. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monrovia ranging from $1,100 to $8,200.

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 $1,100 to $8,200 with an average monthly rent of $4,181.

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 $2,400 to $4,270, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $4,100.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The 10 Best Affordable Neighborhoods in Los Angeles, CA article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.