
Cheap Apartments for Rent in the Old Town Neighborhood of Monrovia, CA from $1,200 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of Monrovia.


Vecino Capri

648 Anita St, Unit 1

Total Monthly Price
130 N Ivy Ave, Unit Apt C, Unit Apt C

Wellesley Court Apartments

Total Monthly Price
Foothill Terrace

Total Monthly Price
Villa Nido
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.

Monrovia Villas Apartments

Oak Park Apartments

Concord Apartments

Total Monthly Price
The Monroe

foo833

Total Monthly Price
154 Madeline Dr, Unit Back unit, Unit Back unit

Trestle
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.

Total Monthly Price
Alexan Marmont

Total Monthly Price
MODA at Monrovia Station

638 Montana St, Unit A, Unit A

417 E Walnut Ave

Paragon at Old Town

Heritage Park at Monrovia (Senior 55+)

Villas Las Flores Apartments
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.

MONTEREY APARTMENTS

129 Violet Ave

Park Place Apartments

648 Anita St

Oak Park North

Windsor Apartments

221 W Lemon Ave
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.

209 Violet Ave

422-422-1 Almond Ave

Avalon Monrovia
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 | $2,524 | $2,224 | $2,824 |
| Old Town 1 Bedroom Apartments | $2,933 | $1,795 | $6,100 |
| Old Town 2 Bedroom Apartments | $3,960 | $2,095 | $8,185 |
| Old Town 3 Bedroom Apartments | $5,354 | $5,258 | $5,408 |
Browse Apartments in this Neighborhood
There are currently 31 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 Ridgewood Apartments priced from $1,750. 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 |
|---|---|---|---|
| Ridgewood Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,750 |
| Vecino Capri | 1 Bedroom | 1BR,1BA | $1,895 |
| Wellesley Court Apartments | 1/1 | 1BR,1BA | $1,950 |
| Foothill Terrace | 1 Bed 1 Bath | 1BR,1BA | $1,995 |
| Villa Nido | 1 Bed 1 Bath | 1BR,1BA | $1,995 |
| Monrovia Villas Apartments | One bedroom - One bath | 1BR,1BA | $2,100 |
| Oak Park Apartments | 1BR, 1 BA - 80% AMI | 1BR,1BA | $2,175 |
| The Monroe | S2 | Studio,1BA | $2,224 |
| foo833 | 2BR/1.0BA | 2BR,1BA | $2,250 |
Best Value Apartments for Rent in Old Town, CA
As of April 23, 2026 the best value apartment in the Old Town area is the $2.44 price per square foot 1/1 Model at Wellesley Court Apartments in the in the Butler neighborhood starting from $1,950. The second greatest value Old Town apartment is the One bedroom - One bath Model at Monrovia Villas Apartments starting at $2,100 with a $2.69 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. |
|---|---|---|---|
| Wellesley Court Apartments | 1/1 | 1BR,1BA | $2.44 |
| Monrovia Villas Apartments | One bedroom - One bath | 1BR,1BA | $2.69 |
| Ridgewood Apartments | 2 Bed 1 Bath | 2BR,1BA | $3.19 |
| Foothill Terrace | 1 Bed 1 Bath | 1BR,1BA | $2.85 |
| foo833 | 2BR/1.0BA | 2BR,1BA | $3.53 |
| MODA at Monrovia Station | A7 | 1BR,1BA | $3.89 |
| Villa Nido | 1 Bed 1 Bath | 1BR,1BA | $3.33 |
| Vecino Capri | 1 Bedroom | 1BR,1BA | $3.22 |
| Oak Park Apartments | 1BR, 1 BA - 80% AMI | 1BR,1BA | $4.07 |
| 130 N Ivy Ave, Unit Apt C | 130 N Ivy Ave | 1BR,1BA | $4.06 |
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 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 the Cheapest Studio apartment in Old Town?
Currently the most affordable Cheap Studio Apartment in Old Town is at The Monroe listed at $2,224.
How much is rent for a Cheap One Bedroom Old Town Apartment?
The lowest price for a Cheap One Bedroom Old Town Apartment is $1,750 at Ridgewood Apartments.
What is the lowest price for a Cheap Two Bedroom Old Town Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Town is starting from $2,095 at Vecino Capri.
What is the most affordable Old Town Three Bedroom Apartment?
The best deal on a cheap Old Town Three Bedroom Apartment rental is at Avalon Monrovia and starts from $4,215.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.