
Cheap Apartments for Rent in Monterey Park, CA from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Monterey Park.


2201 Via Campo

1302 Helen Dr

2051 W Whittier Blvd

Emerald Apartments
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6150 E Olympic Blvd

Fraser Flats

South Curtis Apartments

30-34 N 1st Street

931 S Atlantic Blvd
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259 S San Marcos St

500 S Montebello Blvd

706 S Gladys Ave

2433 Eastern Ave

3502 Copeland Pl
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2101 Vine St

Ramona Garden Apartments
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 | $2,301 | $1,495 | $3,688 |
| Cheap Monterey Park 1 Bedroom Apartments | $2,281 | $950 | $3,514 |
| Cheap Monterey Park 2 Bedroom Apartments | $2,811 | $1,647 | $5,268 |
| Cheap Monterey Park 3 Bedroom Apartments | $4,013 | $1,901 | $6,858 |
| Cheap Monterey Park 4 Bedroom Apartments | $2,958 | $2,108 | $3,550 |
Browse Top Apartments in Monterey Park
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Monterey Park, CA Local Guide

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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 $1,495. Woodbridge Village Apartments - 1900 N. MARIANNA AVE. in the Northeast Los Angeles neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. 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 | Studio,1BA | $1,495 |
| Woodbridge Village Apartments - 1900 N. MARIANNA AVE. | 1 BEDROOM | 1BR,1BA | $1,595 |
| 3141-3143 Wabash Ave | 3141 Wabash | 1BR,1BA | $1,650 |
| Fremont | 1 Bed 1 Bath | 1BR,1BA | $1,650 |
| Eastern Manor | One bedroom One bath | 1BR,1BA | $1,675 |
Best Value Apartments for Rent in Monterey Park, CA
As of March 12, 2026 the best value apartment in the Monterey Park area is the $1.35 price per square foot 2635 Dobinson St Model at 2635 Dobinson St, Unit 101 in the in the Southeast Los Angeles neighborhood starting from $2,695. The second greatest value Monterey Park apartment is the 1432 Ricardo St Model at 1432 Ricardo St starting at $3,250 with a $2.08 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. |
|---|---|---|---|
| 2635 Dobinson St, Unit 101 | 2635 Dobinson St | 3BR,2BA | $1.35 |
| 1432 Ricardo St | 1432 Ricardo St | 4BR,3BA | $2.08 |
| 1305 Masser Pl, Unit 3 | 1305 Masser Pl | 3BR,2BA | $2.24 |
| 126 W Emerson Ave, Unit 126 West Emerson Ave | 126 W Emerson Ave | 2BR,1.5BA | $2.21 |
| 7928 Virginia St, Unit C | 7928 Virginia St | 2BR,1.5BA | $2.08 |
| 521 N Marguerita Ave | 521 Upstairs | 2BR,1BA | $2.24 |
| 416 N Marguerita Ave, Unit D | 416 N Marguerita Ave | 2BR,1BA | $2.15 |
| Orchard Plaza Apartments | M | 2BR,2BA | $2.33 |
| Park Victoria Apartments | 2 Bed 1 Bath | 2BR,1BA | $2.39 |
| Locke | 1BR/1.0BA | 1BR,1BA | $2.32 |
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.
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Read ArticleA Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Learn About the Best Neighborhoods to Rent Near College Campuses in Los Angeles, CA | Find Los Angeles Off-Campus Student Housing at ApartmentHomeLiving.com
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.
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
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 $1,495.
How much is rent for a Cheap One Bedroom Monterey Park Apartment?
The lowest price for a Cheap One Bedroom Monterey Park Apartment is $1,595 at Woodbridge Village Apartments - 1900 N. MARIANNA AVE..
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 $2,195 at 3540 & 3540 1/2 6th St.
What is the most affordable Monterey Park Three Bedroom Apartment?
The best deal on a cheap Monterey Park Three Bedroom Apartment rental is at Emerald Hills and starts from $2,839.
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.

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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.

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