
Cheap Homes for Rent in Old Town Neighborhood of Monrovia, CA from $1,100 (1 Rental)
Search the lowest-cost Homes available for rent right now in the Old Town area of Monrovia.

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.
Old Town, Monrovia, CA Local Guide

How much does it cost to rent a home in Old Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town 2 Bedroom Homes for Rent | $2,855 | $2,550 | $3,150 |
| Old Town 3 Bedroom Homes for Rent | $5,925 | $5,500 | $6,350 |
| Old Town 4 Bedroom Homes for Rent | $8,500 | $8,500 | $8,500 |
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Old Town, Monrovia, CA Local Guide
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Best Value Apartments for Rent in Old Town, CA
As of June 24, 2026 the best value apartment in the Old Town area is the $4.31 price per square foot LW1 Model at Trestle in the in the Old Town neighborhood starting from $6,100. The second greatest value Old Town apartment is the 2B/2BA Model at Wellesley Court Apartments starting at $2,500 with a $2.73 price per square foot in the Old Town 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. |
|---|---|---|---|
| Trestle | LW1 | 1BR,2BA | $4.31 |
| Wellesley Court Apartments | 2B/2BA | 2BR,2BA | $2.73 |
| Alexan Marmont | A2 | 1BR,1BA | $3.84 |
| Vecino Capri | 1 Bedroom | 1BR,1BA | $3.22 |
| The Monroe | S3 | Studio ,1BA | $5.02 |
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 Old Town
What type of rentals are currently available in Old Town?
There are currently 196 Apartments for Rent in Old Town, CA with pricing that ranges from $1,700 to $8,185. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Town ranging from $1,100 to $8,500.
What is the current price range for Rental Homes in Old Town?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Town ranges from $1,100 to $8,500 with an average monthly rent of $4,060.
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

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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.

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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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.