
Cheap Homes for Rent in Monterey Park, CA from $900 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey Park.


101 W Oakmont Dr

731 S Chapel Ave

1030 Leonard Ave

34 N Marguerita Ave

5271 Huntington Dr N, Unit 203
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

5328 Almont St

2529 W Beverly Blvd, Unit 6

329 N Chapel Ave, Unit B

1145 S Granada Ave

3331 1/2 City Terrace Dr

4321 Beagle St
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.

1740 Robinlinda Ln

2431 W Beverly Blvd

4010-4014 Rockwood St, Unit 0.75

413 Everett Ave

2850 Chadwick Cir

211 W Fairview Ave, Unit Duplicate of C
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.

1012 S Ynez Ave, Unit A
Monterey Park, CA Local Guide

How much does it cost to rent a home in Monterey Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monterey Park 2 Bedroom Homes for Rent | $2,819 | $2,100 | $3,850 |
| Monterey Park 3 Bedroom Homes for Rent | $3,616 | $2,600 | $5,000 |
| Monterey Park 4 Bedroom Homes for Rent | $4,136 | $3,500 | $5,600 |
| Monterey Park 5 Bedroom Homes for Rent | $5,948 | $4,350 | $9,000 |
Browse Top Homes for Rent in Monterey Park
Explore Monterey Park
Monterey Park, CA Local Guide
- Monterey Park Neighborhoods
- Nearby Cities
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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. 437-443 Hartford LLC "Hartford Hills" in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,495. 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 |
| 437-443 Hartford LLC "Hartford Hills" | Single /Utility | Studio,1BA | $1,495 |
| 3141-3143 Wabash Ave | 3141 Wabash | 1BR,1BA | $1,550 |
| 5030/ 5034 Valley Blvd | One Bedroom | 1BR,1BA | $1,581 |
| Locke | 1BR/1.0BA | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Monterey Park, CA
As of June 08, 2026 the best value apartment in the Monterey Park area is the $2.34 price per square foot 133 S 19th St Model at 133 S 19th St, Unit 133 S 19th St, Montebello, CA 90640 in the in the Southeast Los Angeles neighborhood starting from $3,200. The second greatest value Monterey Park apartment is the 126 W Emerson Ave Model at 126 W Emerson Ave, Unit 126WestEmersonAve starting at $2,500 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. |
|---|---|---|---|
| 133 S 19th St, Unit 133 S 19th St, Montebello, CA 90640 | 133 S 19th St | 3BR,2BA | $2.34 |
| 126 W Emerson Ave, Unit 126WestEmersonAve | 126 W Emerson Ave | 2BR,1.5BA | $2.08 |
| 521 N Marguerita Ave | 521 Upstairs | 2BR,1BA | $2.24 |
| 5039 Alhambra Ave, Unit A | 5039 Alhambra Ave | 2BR,1BA | $2.20 |
| 5838 Allston St, Unit #2 | 5838 Allston St | 1BR,1BA | $1.85 |
| Orchard Plaza Apartments | M | 2BR,2BA | $2.33 |
| Sereno Hills | 2 Bed 1 Bath 60% AMI Income Restricted | 2BR,1BA | $2.20 |
| 211 W Fairview Ave, Unit C | 211 W Fairview Ave | 1BR,1BA | $2.00 |
| Jade Gardens Apartments | 1BR/1.0BA | 1BR,1BA | $2.34 |
| Locke | 1BR/1.0BA | 1BR,1BA | $2.36 |
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 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 ArticleReal 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.
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, CAPopulation: 60,401
Ranked #625
in US Census Population by City
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 Monterey Park
What type of rentals are currently available in Monterey Park?
There are currently 2026 Apartments for Rent in Monterey Park, CA with pricing that ranges from $1,495 to $6,258. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey Park ranging from $985 to $9,000.
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 $985 to $9,000 with an average monthly rent of $3,772.
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 $2,300 to $6,258, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,539.
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.

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

More Than Just Hollywood: A Local Experts Deep Dive into LA Living
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

The LA Price Check: Separating Cost of Living Myth from Reality
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.