
Cheap Apartments for Rent in Monterey Park, CA from $800 (76 Rentals)
Search the lowest-cost Apartments available for rent right now in Monterey Park.


2051 W Whittier Blvd

125 N Montebello Blvd

5521 Hastings St, Unit 5521

5371 Louis Pl

4021 1/2 Walnut Grove Ave
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.

Emerald Apartments

Sereno Hills

1 BED 1 BATH IN LOS ANGELES!!!

5271 Huntington Dr N

3032 Walnut Grove Ave, Unit 3034 12

South Olive Apartments

119 N Atlantic Blvd, Unit C

2427 W Valley Blvd

3034 Fairmount St
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.

225 1/2 N Townsend Ave, Unit 1
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.
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 | $2,309 | $1,375 | $3,230 |
| Cheap Monterey Park 1 Bedroom Apartments | $2,573 | $1,050 | $3,885 |
| Cheap Monterey Park 2 Bedroom Apartments | $3,089 | $1,647 | $5,106 |
| Cheap Monterey Park 3 Bedroom Apartments | $4,406 | $1,901 | $7,600 |
| Cheap Monterey Park 4 Bedroom Apartments | $3,283 | $2,108 | $4,480 |
Browse Top Apartments in Monterey Park
See all Apartments in Monterey ParkExplore Monterey Park
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 Emerald Apartments in the Southeast Los Angeles neighborhood priced from $1,550. 2707 Pomeroy Ave in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a Studio 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, 1 bath | Studio,1BA | $1,550 |
| 2707 Pomeroy Ave | 0 Beds, 1 Baths | Studio,1BA | $1,595 |
| Abner | 1 Beds | 1BR,1BA | $1,600 |
| 1 BED 1 BATH IN LOS ANGELES!!! | 1BR/1.0BA | 1BR,1BA | $1,672 |
| Huntington Ridge Apartments | Studio | Studio,1BA | $1,740 |
| Eastern Manor | One bedroom One bath | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Monterey Park, CA
As of November 07, 2025 the best value apartment in the Monterey Park area is the $2.38 price per square foot 2 Bed Model at St. Francis Court South in the in the Southeast Los Angeles neighborhood starting from $2,495. The second greatest value Monterey Park apartment is the 521 Upstairs Model at 521 N Marguerita Ave starting at $2,400 with a $2.34 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. |
|---|---|---|---|
| St. Francis Court South | 2 Bed | 2BR,2BA | $2.38 |
| 521 N Marguerita Ave | 521 Upstairs | 2BR,1BA | $2.34 |
| 5838 Allston St, Unit #2 | 5838 Allston St | 2BR,1BA | $2.40 |
| 244 S Del Mar Ave | 244 S Del Mar Ave | 1BR,1BA | $1.90 |
| 1708 S Garfield Ave, Unit D | 1708 S Garfield Ave | 2BR,1BA | $2.18 |
| Park Victoria Apartments | 2 Bed 2 Bath split | 2BR,2BA | $2.46 |
| 3168 Wabash Ave | 2BR/1.0BA | 2BR,1BA | $2.37 |
| 524 N 21st St, Unit A | 524 N 21st St | 2BR,1BA | $2.44 |
| 3425 1/2 E 5th St, Unit 3423 E 5th St. Upstairs | 3425 1/2 E 5th St | 1BR,1BA | $2.22 |
| Valley Manor Apartments | Large 1 Bedroom | 1BR,1BA | $2.11 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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.
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
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 $1,550.
How much is rent for a Cheap One Bedroom Monterey Park Apartment?
The lowest price for a Cheap One Bedroom Monterey Park Apartment is $1,600 at Abner.
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 $2,038 at 2 BED & 1 BATH UNIT AVAILABLE - LOS ANGELES!.
What is the most affordable Monterey Park Three Bedroom Apartment?
The best deal on a cheap Monterey Park Three Bedroom Apartment rental is at Esmeralda and starts from $2,554.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

































