Cheap Homes for Rent in Monterey Park, CA from $800 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1416 Helen Dr

1416 Helen Dr

Los AngelesCA90063

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-23, Page 1 of 1

Monterey Park, CA Local Guide

Cheapest Available Monterey Park Apartments for Rent

 

The cheapest available apartment rental in Monterey Park, CA is a Studio unit found at Fraser Flats in the Southeast Los Angeles neighborhood priced from $870. Abner in the Northeast Los Angeles neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here is today’s list of the most affordable Monterey Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fraser FlatsStudioStudio,$870
Abner1 Beds1BR,1BA$1,500
Emerald ApartmentsStudio, 1 bathStudio,1BA$1,550
Woodbridge Village Apartments 1 BEDROOM1BR,1BA$1,595
2707 Pomeroy Ave0 Beds, 1 BathsStudio,1BA$1,595

Best Value Apartments for Rent in Monterey Park, CA

As of October 12, 2025 the best value apartment in the Monterey Park area is the $2.10 price per square foot 44A Model at River Gate Townhomes in the in the Southeast Los Angeles neighborhood starting from $3,995. The second greatest value Monterey Park apartment is the 2 Bed Model at St. Francis Court South starting at $2,595 with a $2.47 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.
River Gate Townhomes44A4BR,4BA$2.10
St. Francis Court South2 Bed2BR,2BA$2.47
521 N Marguerita Ave521 Upstairs2BR,1BA$2.34
1708 S Garfield Ave, Unit D1708 S Garfield Ave2BR,1BA$2.23
Park Victoria Apartments2 Bed 2 Bath split2BR,2BA$2.46
3168 Wabash Ave2BR/1.0BA2BR,1BA$2.41
2639 Dobinson St, Unit B2639 Dobinson St2BR,1BA$2.11
139 N 12th St, Unit Unit # C139 N 12th St2BR,1BA$2.44
Valley Manor ApartmentsLarge 1 Bedroom1BR,1BA$2.11
3425 1/2 E 5th St, Unit 3423 E 5th St. Upstairs3425 1/2 E 5th St1BR,1BA$2.33

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Monterey Park, CA Rentals by Map

Decorative image of map

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

View Map
Monterey Park, CA Apartments Map
View Map
Monterey Park, CA Rental Homes Map

Frequently Asked Questions about Monterey Park

What type of rentals are currently available in Monterey Park?

There are currently 2005 Apartments for Rent in Monterey Park, CA with pricing that ranges from $1,050 to $7,600. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey Park ranging from $800 to $6,500.

What is the current price range for Rental Homes in Monterey Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Monterey Park ranges from $800 to $6,500 with an average monthly rent of $3,426.

How much are larger Three and Four Bedroom Rentals in Monterey Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Monterey Park range from $1,901 to $7,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,695 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,550 and Four Bedroom Apartments start at $2,108.

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.

decorative image for The 10 Best Affordable Neighborhoods in Los Angeles, CA article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.