
Cheap Apartments for Rent in the Old Town Neighborhood of Monrovia, CA from $1,200 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of Monrovia.


Villa Nido
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Foothill Terrace

Oak Park Apartments

Heritage Park at Monrovia (Senior 55+)
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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 | $2,520 | $2,200 | $2,831 |
| Old Town 1 Bedroom Apartments | $3,006 | $1,700 | $6,100 |
| Old Town 2 Bedroom Apartments | $4,099 | $2,200 | $8,185 |
| Old Town 3 Bedroom Apartments | $6,062 | $5,980 | $6,117 |
Browse Apartments in this Neighborhood
There are currently 17 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
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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. Villa Nido has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,050. 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 |
| Villa Nido | 1 Bed 1 Bath | 1BR,1BA | $2,050 |
| Foothill Terrace | 1 Bed 1 Bath | 1BR,1BA | $2,050 |
| Oak Park Apartments | Plan B - North | 1BR,1BA | $2,112 |
| Concord Apartments | 2 Bedroom 2 Bath TH | 2BR,2BA | $2,200 |
Best Value Apartments for Rent in Old Town, CA
As of October 24, 2025 the best value apartment in the Old Town area is the $2.00 price per square foot 2 Bedroom 2 Bath TH Model at Concord Apartments in the in the Cotter neighborhood starting from $2,200. The second greatest value Old Town apartment is the Two Bedroom- Two Bath 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 Old Town apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Concord Apartments | 2 Bedroom 2 Bath TH | 2BR,2BA | $2.00 |
| Monrovia Villas | Two Bedroom- Two Bath | 2BR,2BA | $2.58 |
| 224 W Palm Ave, Unit 2 | 224 W Palm Ave | 1BR,1BA | $2.00 |
| Avalon Monrovia | AM19D-825 | 1BR,1BA | $3.66 |
| 715 W Colorado Blvd, Unit 715 | 715 W Colorado Blvd | 2BR,1BA | $3.78 |
| 519 Linwood Ave, Unit A | 519 Linwood Ave | 1BR,1BA | $2.53 |
| MODA at Monrovia Station | A4 | 1BR,1BA | $3.58 |
| Foothill Terrace | 1 Bed 1 Bath | 1BR,1BA | $2.93 |
| Villa Nido | 1 Bed 1 Bath | 1BR,1BA | $3.42 |
| Heritage Park at Monrovia (Senior 55+) | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.95 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleOld Town, Monrovia, CA
Ranked #6
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
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 $2,600.
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 $6,072.
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.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.











