
Cheap Apartments for Rent in the Old Town Neighborhood of Monrovia, CA from $1,200 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of Monrovia.


Total Monthly Price
Concord Apartments

439 W Walnut Ave

Oak Park Apartments

Total Monthly Price
Villa Nido

Total Monthly Price
Foothill Terrace

518 W King St, Unit 1/2

331 W Walnut Ave
Los Angeles's Best Affordable Neighborhoods
Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

Total Monthly Price
205 N Mountain Ave, Unit 205 N. Mountain Ave.

Total Monthly Price
The Monroe

foo833

209 Violet Ave

Total Monthly Price
MODA at Monrovia Station

Heritage Park at Monrovia (Senior 55+)

Villas Las Flores Apartments

129 Violet Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Ridgewood Apartments

Park Place Apartments

Vecino Capri

Wellesley Court Apartments

Windsor Apartments

Oak Park North

221 W Lemon Ave

Magnolia Apartments
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.
Old Town, Monrovia, CA Local Guide

How much does it cost to rent an apartment in Old Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town Studio Apartments | $2,536 | $2,217 | $2,807 |
| Old Town 1 Bedroom Apartments | $2,846 | $1,700 | $6,100 |
| Old Town 2 Bedroom Apartments | $3,798 | $2,095 | $8,185 |
| Old Town 3 Bedroom Apartments | $5,040 | $4,420 | $5,505 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the Old Town Neighborhood of Monrovia, CA.
See all Apartments in MonroviaExplore Monrovia
Old Town, Monrovia, CA Local Guide
- Nearby Monrovia neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Old Town Apartments for Rent
 The cheapest available apartment rental in the Old Town area of Los Angeles, CA is a 1 Bed unit found at Heritage Park at Monrovia (Senior 55+) priced from $1,637. Vecino Capri has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,895. Here are the most affordable Old Town apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Park at Monrovia (Senior 55+) | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,637 |
| Vecino Capri | 1 Bedroom | 1BR,1BA | $1,895 |
| Oak Park Apartments | 1BR, 1 BA - 80% AMI | 1BR,1BA | $2,049 |
| Villa Nido | 1 Bed 1 Bath | 1BR,1BA | $2,050 |
| Foothill Terrace | 1 Bed 1 Bath | 1BR,1BA | $2,050 |
Best Value Apartments for Rent in Old Town, CA
As of July 23, 2026 the best value apartment in the Old Town area is the $2.58 price per square foot Two Bedroom- Two Bath Model at Monrovia Villas Apartments in the in the Butler neighborhood starting from $2,600. The second greatest value Old Town apartment is the 2 Bed 1 Bath Model at Monrovia starting at $2,495 with a $2.94 price per square foot in the Cotter neighborhood. Here is today’s list of the best values for Old Town apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Monrovia Villas Apartments | Two Bedroom- Two Bath | 2BR,2BA | $2.58 |
| Monrovia | 2 Bed 1 Bath | 2BR,1BA | $2.94 |
| Avalon Monrovia | AM19D-825 | 1BR,1BA | $4.08 |
| Alexan Marmont | A2 | 1BR,1BA | $3.84 |
| Foothill Terrace | 1 Bed 1 Bath | 1BR,1BA | $2.93 |
| MODA at Monrovia Station | S1 | Studio ,1BA | $3.71 |
| Villa Nido | 1 Bed 1 Bath | 1BR,1BA | $3.42 |
| Vecino Capri | 1 Bedroom | 1BR,1BA | $3.22 |
| Heritage Park at Monrovia (Senior 55+) | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.95 |
| Oak Park Apartments | 1BR, 1 BA - 80% AMI | 1BR,1BA | $3.83 |
Don'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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Pet Friendly LifestyleOld Town, Monrovia, CA
Ranked #5
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Old Town, Monrovia, CA
Wild Rose Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Old Town Apartments
What is a cheap apartment in Old Town?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town is under $2,495.
What is the price of a cheap apartment in Old Town?
The cheapest apartment in Old Town is Heritage Park at Monrovia (Senior 55+) which is listed at $1,637, while the average apartment in Old Town costs $5,243.
What types of apartments are the cheapest in Old Town?
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 8 regular apartments in Old Town that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Old Town?
Cheap apartments in Old Town have an average cost of $185 which is $5,058 cheaper than the average rent for all rentals in Old Town.
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

LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

Los Angeles Essential Guide: Finding Rentals Near LAs Biggest Job Hubs
Written by: Rachel Presser
Los Angeles is best known as an industry town.

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.

More Than Just Hollywood: A Local Expert's Deep Dive into LA Living
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.