Cheap Apartments for Rent in Monterey Park, CA from $800 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Monterey Park.

2726 Strathmore Ave, Unit BS

Emerald 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.
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.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Monterey Park, CA Local Guide

How much does it cost to rent an apartment in Monterey Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Monterey Park Studio Apartments | $2,115 | $895 | $2,600 |
Cheap Monterey Park 1 Bedroom Apartments | $2,350 | $1,696 | $4,127 |
Cheap Monterey Park 2 Bedroom Apartments | $3,207 | $1,857 | $5,731 |
Cheap Monterey Park 3 Bedroom Apartments | $4,941 | $2,795 | $10,000+ |
Cheap Monterey Park 4 Bedroom Apartments | $3,797 | $3,600 | $3,995 |
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Monterey Park, CA Local Guide

- Monterey Park Neighborhoods
- Nearby Cities
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Cheapest Available Monterey Park Apartments for Rent
 The cheapest available apartment rental in Monterey Park, CA is a Studio unit found at Emerald Apartments in the Southeast Los Angeles neighborhood priced from $1,500. 2707 Pomeroy Ave in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,575. Here is today’s list of the most affordable Monterey Park apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Emerald Apartments | Studio, 1 bath | Studio,1BA | $1,500 |
2707 Pomeroy Ave | 0 Beds, 1 Baths | Studio,1BA | $1,575 |
Woodbridge Village Apartments | 1 BEDROOM | 1BR,1BA | $1,645 |
1 BED 1 BATH IN LOS ANGELES!!! | 1BR/1.0BA | 1BR,1BA | $1,696 |
Ditman | 2BR/1.0BA | 2BR,1BA | $1,857 |
Best Value Apartments for Rent in Monterey Park, CA
As of July 02, 2025 the best value apartment in the Monterey Park area is the $2.68 price per square foot 33D Model at River Gate Townhomes in the in the Southeast Los Angeles neighborhood starting from $4,385. The second greatest value Monterey Park apartment is the Villa Model at Atlantic Times Square starting at $3,600 with a $2.50 price per square foot in the Southeast Los Angeles neighborhood. Here is today’s list of the best values for Monterey Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
River Gate Townhomes | 33D | 3BR,3BA | $2.68 |
Atlantic Times Square | Villa | 2BR,2BA | $2.50 |
Bay State Terrace | 2 Beds, 2 baths | 2BR,2BA | $2.45 |
Las Flores Gardens Apartments | 2X2 | 2BR,2BA | $2.54 |
2716 Via Paseo, Unit 1 | 2716 Via Paseo | 2BR,2BA | $2.65 |
Huntington Ridge Apartments | Two Bedroom | 2BR,2BA | $2.57 |
3425 1/2 E 5th St, Unit Upstairs | 3425 1/2 E 5th St | 1BR,1BA | $2.33 |
1023 Tremont St. | 2BD/1BA | 2BR,1BA | $2.66 |
Emerald Hills | 1x1 | 1BR,1BA | $2.67 |
Garden Courtyard | 1 bed 1 bth | 1BR,1BA | $2.67 |
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Monterey Park Overview
Ideally located just a few short miles from the beacon city of Los Angeles, Monterey Park is a highly sought-after zip code in the popular state of California. Consistently ranked near the top when it comes to local schools, location and a steady economic base, an apartment in Monterey Park is definitely a sign of someone who is going places.
Why live in Monterey Park, CA?
From the highly-regarded schools to the impressive first-rate eateries, Monterey Park apartments have much to offer those eager to reside in California. With a wide-array of job options in the healthcare and education fields at the ready, and plenty of local hot spots at your fingertips, a rental in Monterey Park is about as ideal as Cali living gets.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monterey Park, CA Rentals by Map
See the most popular apartments and homes in Monterey Park, CA
Getting Around Monterey Park, CA
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Monterey Park Apartments
What is the Cheapest Studio apartment in Monterey Park?
Currently the most affordable Cheap Studio Apartment in Monterey Park is at Emerald Apartments listed at $1,500.
How much is rent for a Cheap One Bedroom Monterey Park Apartment?
The lowest price for a Cheap One Bedroom Monterey Park Apartment is $1,645 at Woodbridge Village Apartments .
What is the lowest price for a Cheap Two Bedroom Monterey Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monterey Park is starting from $1,857 at Ditman.
What is the most affordable Monterey Park Three Bedroom Apartment?
The best deal on a cheap Monterey Park Three Bedroom Apartment rental is at Atlantic Times Square and starts from $4,000.
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.

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.

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.

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.