
Cheap Homes for Rent near Monterey Park, CA from $895 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey Park.


4966 Twining St

1253 N Rowan Ave, Unit 1/4

1030 Leonard Ave

329 N Chapel Ave, Unit B
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5271 Huntington Dr N, Unit 203

3331 1/2 City Terrace Dr

4839 Seldner Ave

4321 Beagle St

7830 Steddom Dr
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5442 Alhambra Ave, Unit B

1720 W Olympic Blvd

3611 Whiteside St

4008 Rockwood St, Unit 4008 Rockwood st

144 S Townsend Ave
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2611 Muscatel Ave

1231 S Duncan Ave
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 | $2,952 | $2,000 | $4,875 |
| Monterey Park 3 Bedroom Homes for Rent | $3,626 | $2,450 | $8,000 |
| Monterey Park 4 Bedroom Homes for Rent | $5,002 | $3,300 | $10,000+ |
| Monterey Park 5 Bedroom Homes for Rent | $4,201 | $3,754 | $4,500 |
| Monterey Park 6 Bedroom Homes for Rent | $4,950 | $4,950 | $4,950 |
| Monterey Park 7 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Browse Top Homes for Rent in Monterey Park
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Monterey Park, CA Local Guide
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Cheapest Available Monterey Park Apartments for Rent and Nearby
 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terrace Heights | SHARED ROOMS | 4BR,2BA | $695 |
| Emerald Apartments | Studio | Studio,1BA | $1,400 |
| 4252 Whittier Blvd.- SIOF | 1 Bedroom | 1BR,1BA | $1,545 |
| Woodbridge Village Apartments | 1 BEDROOM | 1BR,1BA | $1,575 |
| 5030/ 5034 Valley Blvd | One Bedroom | 1BR,1BA | $1,581 |
Best Value Apartments for Rent in Monterey Park, CA and Nearby
As of September 10, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 419 S Lorena St, Unit 419 | 419 S Lorena St | 4BR,2BA | $2.45 |
| 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 |
| 4717-4727 Gambier/4716-4726 Butterfly | 1 Bedroom. 1 Bathroom. 0 Half | 1BR,1BA | $1.63 |
| 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 |
| Las Golondrinas Apartments | 1BR/1BA | 1BR,1BA | $2.44 |
| 4229 Mandalay Dr, Unit rear | 4229 Mandalay Dr | 2BR,1BA | $2.31 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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Read ArticleA Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
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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 2049 Apartments for Rent in Monterey Park, CA with pricing that ranges from $695 to $5,633. There are also 90 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey Park ranging from $895 to $15,000.
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 $895 to $15,000 with an average monthly rent of $3,414.
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 $2,999 to $5,633, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $8,000. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $695.
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

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