Cheap Apartments for Rent in Monterey Park, CA from $695 (176 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monterey Park.

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203-205 N Ynez Ave
1 to 2 Bedroom Apartments

203-205 N Ynez Ave

203-205 N Ynez AveMonterey Park, CA 91754
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329 Pomelo Ave
2 Bedroom Apartments

329 Pomelo Ave

329 Pomelo AveMonterey Park, CA 91755
  • Utilities Included
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505 N Lincoln Ave
Studio to 2 Bedroom Apartments

505 N Lincoln Ave

505 N Lincoln AveMonterey Park, CA 91755
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532 New
2 to 3 Bedroom Apartments

532 New

532 N New AveMonterey Park, CA 91755
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Garfield Apartments
1 to 2 Bedroom Apartments

Garfield Apartments

660 S Garfield AveMonterey Park, CA 91754
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Ridgewood Apartments
2 Bedroom Apartments

Ridgewood Apartments

1501 Ridgecrest StMonterey Park, CA 91754
  • Utilities Included

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property at 4966 Twining St
$1,300

Total Monthly Price

Base Rent$1,300
Total Monthly Price$1,300
1 Bedroom, 0.5 Bath Home for Rent
Available Oct 15
Affordability

4966 Twining St

Los AngelesCA90032
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3219 Gleason Ave
$1,500

Total Monthly Price

Base Rent$1,500
Total Monthly Price$1,500
Studio Apartment Available Now

3219 Gleason Ave

3219 Gleason AveLos Angeles, CA 90063
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property at 477-479 Nassau Ave
$1,750 - $3,650
Studio To 3 Bedroom Rentals
Available Now
Affordability

477-479 Nassau Ave

Los AngelesCA90063

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1114 N Stone St, Unit 1112
$1,900

Total Monthly Price

Base Rent$1,900
Total Monthly Price$1,900
1 Bedroom Apartment Available Now

1114 N Stone St, Unit 1112

1114 N Stone StLos Angeles, CA 90063
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property at 1231 S Duncan Ave
$1,900 - $2,300
1 To 2 Bedroom Rentals
Available Now

1231 S Duncan Ave

East Los AngelesCA90022
property at 7830 Steddom Dr
$1,950

Total Monthly Price

Base Rent$1,950
Total Monthly Price$1,950
Studio, 1 Bath Home for Rent
Available Now

7830 Steddom Dr

RosemeadCA91770
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614 N Atlantic Blvd, Unit C
$1,995

Total Monthly Price

Base Rent$1,995
Total Monthly Price$1,995
1 Bedroom Apartment Available Now

614 N Atlantic Blvd, Unit C

614 N Atlantic BlvdAlhambra, CA 91801
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property at 5442 Alhambra Ave
$2,000

Total Monthly Price

Base Rent$2,000
Total Monthly Price$2,000
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

5442 Alhambra Ave, Unit B

5442 Alhambra Ave
Los AngelesCA90032

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Monterey Park, CA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Available Monterey Park Apartments for Rent

 

The cheapest available apartment rental in Monterey Park, CA is a 4 Beds unit found at Terrace Heights in the Southeast Los Angeles neighborhood priced from $695. Emerald Apartments in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here is today’s list of the most affordable Monterey Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Terrace HeightsSHARED ROOMS4BR,2BA$695
Emerald ApartmentsStudioStudio,1BA$1,400
4252 Whittier Blvd.- SIOF1 Bedroom1BR,1BA$1,545
Woodbridge Village Apartments1 BEDROOM1BR,1BA$1,575
5030/ 5034 Valley BlvdOne Bedroom1BR,1BA$1,581
Jibe McDonnell0BR/1.0BAStudio,1BA$1,595
4717-4727 Gambier/4716-4726 Butterfly1 Bedroom. 1 Bathroom. 0 Half1BR,1BA$1,595
428 N Poplar Ave1BR/1.0BA1BR,1BA$1,650

Best Value Apartments for Rent in Monterey Park, CA

As of September 08, 2026 the best value apartment in the Monterey Park area is the $2.45 price per square foot 419 S Lorena St Model at 419 S Lorena St, Unit 419 in the in the Southeast Los Angeles neighborhood starting from $3,795. The second greatest value Monterey Park apartment is the 2 bed 2 bath Model at 422 S Garfield Ave starting at $2,500 with a $2.38 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 ListingModel NameBed/BathPrice Per Sq.Ft.
419 S Lorena St, Unit 419419 S Lorena St4BR,2BA$2.45
422 S Garfield Ave2 bed 2 bath2BR,2BA$2.38
521 N Marguerita Ave521 Upstairs2BR,1BA$2.34
Broadway VillageH2012BR,2BA$2.38
4717-4727 Gambier/4716-4726 Butterfly1 Bedroom. 1 Bathroom. 0 Half1BR,1BA$1.63
Park Victoria Apartments2 Bed 1 Bath2BR,1BA$2.39
Bay State Terrace1X11BR,1BA$2.47
Valley Manor ApartmentsLarge 1 Bedroom1BR,1BA$2.11
Las Golondrinas Apartments1BR/1BA1BR,1BA$2.44
4229 Mandalay Dr, Unit rear4229 Mandalay Dr2BR,1BA$2.31

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A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles

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Real 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.

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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.

Monterey Park, CA
Population: 60,401

Ranked #625

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monterey Park, CA Rentals by Map

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See the most popular apartments and homes in Monterey Park, CA

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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 $1,400.

How much is rent for a Cheap One Bedroom Monterey Park Apartment?

The lowest price for a Cheap One Bedroom Monterey Park Apartment is $1,545 at 4252 Whittier Blvd.- SIOF.

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 $2,150 at 044 - Howard Highlands.

What is the most affordable Monterey Park Three Bedroom Apartment?

The best deal on a cheap Monterey Park Three Bedroom Apartment rental is at 616 Via Altamira and starts from $2,595.

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.

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