
Cheap Apartments for Rent in Monterey Park, CA from $900 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in Monterey Park.


112 N Lincoln Ave

5521 Hastings St, Unit 5521

4019 Walnut Grove Ave

Emerald Apartments
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.

Sereno Hills

1 BED 1 BATH IN LOS ANGELES!!!

South Olive Apartments

2131 La Paloma Ave, Unit B

5271 Huntington Dr N

1656 Ricardo St

119 N Atlantic Blvd, Unit C

307 N Curtis Ave

2100 W Olympic Blvd, Unit 2100 W Olympic Blvd
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.

2427 W Valley Blvd

6602 Southside Dr, Unit 6610

2639 Dobinson St, Unit B
The 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.
Cash 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.
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.
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 | $2,160 | $995 | $3,230 |
Cheap Monterey Park 1 Bedroom Apartments | $2,857 | $1,300 | $4,200 |
Cheap Monterey Park 2 Bedroom Apartments | $3,095 | $1,647 | $5,150 |
Cheap Monterey Park 3 Bedroom Apartments | $4,484 | $1,901 | $7,600 |
Cheap Monterey Park 4 Bedroom Apartments | $3,399 | $2,108 | $4,495 |
Browse Top Apartments in Monterey Park
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Monterey Park, CA Local Guide

- Monterey Park Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Monterey Park Apartments for Rent
 The cheapest available apartment rental in Monterey Park, CA is a Studio unit found at 930-932 Fraser Ave in the Southeast Los Angeles neighborhood priced from $995. 858 W El Repetto Dr in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Monterey Park apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
930-932 Fraser Ave | SRO | Studio,3BA | $995 |
858 W El Repetto Dr | 1 Bedroom | 1BR,1BA | $1,300 |
Emerald Apartments | Studio, 1 bath | Studio,1BA | $1,550 |
Woodbridge Village Apartments | 1 BEDROOM | 1BR,1BA | $1,595 |
2707 Pomeroy Ave | 0 Beds, 1 Baths | Studio,1BA | $1,650 |
1 BED 1 BATH IN LOS ANGELES!!! | 1BR/1.0BA | 1BR,1BA | $1,673 |
Best Value Apartments for Rent in Monterey Park, CA
As of September 15, 2025 the best value apartment in the Monterey Park area is the $2.20 price per square foot 44A Model at River Gate Townhomes in the in the Southeast Los Angeles neighborhood starting from $4,195. 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 | 44A | 4BR,4BA | $2.20 |
Atlantic Times Square | Villa | 2BR,2BA | $2.50 |
2153 Findlay Ave, Unit 1 | 2153 Findlay Ave | 2BR,1BA | $2.20 |
5838 Allston St, Unit #2 | 5838 Allston St | 2BR,1BA | $2.50 |
1708 S Garfield Ave, Unit D | 1708 S Garfield Ave | 2BR,1BA | $2.33 |
Park Victoria Apartments | 2 Bed 2 Bath split | 2BR,2BA | $2.46 |
Huntington Ridge Apartments | Two Bedroom | 2BR,2BA | $2.57 |
2639 Dobinson St, Unit B | 2639 Dobinson St | 2BR,1BA | $2.11 |
2100 W Olympic Blvd, Unit 2100 W Olympic Blvd | 2100 W Olympic Blvd | 1BR,1BA | $2.18 |
858 W El Repetto Dr | 1 Bedroom | 1BR,1BA | $2.17 |
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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 930-932 Fraser Ave listed at $995.
How much is rent for a Cheap One Bedroom Monterey Park Apartment?
The lowest price for a Cheap One Bedroom Monterey Park Apartment is $1,300 at 858 W El Repetto Dr.
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 $2,200 at Emerald Apartments.
What is the most affordable Monterey Park Three Bedroom Apartment?
The best deal on a cheap Monterey Park Three Bedroom Apartment rental is at 3168 Wabash Ave and starts from $2,385.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.