
Cheap Homes for Rent in Monterey Park, CA from $1,000 (26 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey Park.


3403 City Terrace Drive

5533 Mission Wy

1841 Marney Ave

1253 N Rowan Ave, Unit 1/4

1030 Leonard Ave
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1529 Tremont St

329 N Chapel Ave, Unit B

1021 S Downey Rd

5328 Almont St

101 S Cordova St, Unit Apt 7

3852 1/2 City Terrace Dr
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2321 Highbury Ave, Unit 55

3331 1/2 City Terrace Dr

2217 W Via Camille

4321 Beagle St

429 N Garfield Ave

413 Everett Ave
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4839 Seldner Ave

3427 Pomeroy St

4688 Huntington Dr S, Unit 101

1844 1/2 S Chapel Ave

2821 Blanchard St

4688 Huntington Dr S, Unit 116
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5271 Huntington Dr N, Unit 207

890 W El Repetto Dr, Unit E
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 | $2,652 | $1,800 | $3,300 |
| Monterey Park 3 Bedroom Homes for Rent | $3,429 | $1,100 | $4,950 |
| Monterey Park 4 Bedroom Homes for Rent | $4,033 | $3,300 | $7,000 |
| Monterey Park 5 Bedroom Homes for Rent | $5,169 | $4,350 | $7,000 |
| Monterey Park 7 Bedroom Homes for Rent | $5,999 | $5,999 | $5,999 |
Browse Top Homes for Rent in Monterey Park
Explore Monterey Park
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. 3141-3143 Wabash Ave in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. 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 |
| 3141-3143 Wabash Ave | 3141 Wabash | 1BR,1BA | $1,550 |
| Woodbridge Village Apartments | 1 BEDROOM | 1BR,1BA | $1,625 |
| College Manor | 1BD/1BTH | 1BR,1BA | $1,845 |
| Eastern Manor | One bedroom One bath | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Monterey Park, CA
As of July 24, 2026 the best value apartment in the Monterey Park area is the $2.20 price per square foot 44A Model at River Gate Townhomes in the in the Southeast Los Angeles neighborhood starting from $4,195. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Gate Townhomes | 44A | 4BR,4BA | $2.20 |
| 422 S Garfield Ave | 2 bed 2 bath | 2BR,2BA | $2.38 |
| 521 N Marguerita Ave | 521 Upstairs | 2BR,1BA | $2.34 |
| Broadway Village | H201 | 2BR,2BA | $2.38 |
| Taylor Gardens Apartments | 2 Bed/ 1.75 Bath +Balcony | 2BR,1.5BA | $2.40 |
| Park Victoria Apartments | 2 Bed 1 Bath | 2BR,1BA | $2.39 |
| Bay State Terrace | 1X1 | 1BR,1BA | $2.47 |
| Valley Manor Apartments | Large 1 Bedroom | 1BR,1BA | $2.11 |
| 8130 Constance St | 1 Bedroom | 1BR,1BA | $2.49 |
| 210 N Alhambra Ave, Unit C | 210 N Alhambra Ave | 2BR,1BA | $2.50 |
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 2023 Apartments for Rent in Monterey Park, CA with pricing that ranges from $1,150 to $5,958. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey Park ranging from $950 to $7,500.
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 $950 to $7,500 with an average monthly rent of $4,041.
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 $5,958, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $4,950. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $4,195.
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

LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

Los Angeles Essential Guide: Finding Rentals Near LAs Biggest Job Hubs
Written by: Rachel Presser
Los Angeles is best known as an industry town.

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.

More Than Just Hollywood: A Local Expert's Deep Dive into LA Living
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

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