
Cheap Homes for Rent in Monterey Park, CA from $800 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey Park.


814 W El Repetto Dr, Unit Room #A, Unit Room #A

1712 Pepper St

3836 Earle Ave

6308 Whittier Blvd

1030 Leonard Ave

2448 N Eastern Ave, Unit 209
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

5271 Huntington Dr N, Unit 203

202 E Floral Dr

106 S Sunol Dr, Unit #0.5, Unit #0.5

3331 1/2 City Terrace Dr

209 N Eastman 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.

507 S Orange Ave, Unit A, Unit A

8136 Constance St, Unit 8136

4321 Beagle St

621 S Leonard Ave

409 N Monterey St

104 E Harding Ave

728 1/2 S Ferris Ave
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.

2441 Repetto 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 | $2,743 | $1,950 | $3,995 |
| Monterey Park 3 Bedroom Homes for Rent | $3,362 | $895 | $7,500 |
| Monterey Park 4 Bedroom Homes for Rent | $4,235 | $3,550 | $5,600 |
| Monterey Park 5 Bedroom Homes for Rent | $4,895 | $4,895 | $4,895 |
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. 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 |
| 5030/ 5034 Valley Blvd | One Bedroom | 1BR,1BA | $1,581 |
| Woodbridge Village Apartments - 1900 N. MARIANNA AVE. | 1 BEDROOM | 1BR,1BA | $1,595 |
| 307 Curtis | 1/1 | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Monterey Park, CA
As of April 24, 2026 the best value apartment in the Monterey Park area is the $1.35 price per square foot 2635 Dobinson St Model at 2635 Dobinson St, Unit 101 in the in the Southeast Los Angeles neighborhood starting from $2,695. The second greatest value Monterey Park apartment is the 33D Model at River Gate Townhomes starting at $3,990 with a $2.44 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. |
|---|---|---|---|
| 2635 Dobinson St, Unit 101 | 2635 Dobinson St | 3BR,2BA | $1.35 |
| River Gate Townhomes | 33D | 3BR,3BA | $2.44 |
| 521 N Marguerita Ave | 521 Upstairs | 2BR,1BA | $2.24 |
| 5838 Allston St, Unit #2 | 5838 Allston St | 1BR,1BA | $1.85 |
| Orchard Plaza Apartments | M | 2BR,2BA | $2.33 |
| Park Victoria Apartments | 2 Bed 1 Bath | 2BR,1BA | $2.39 |
| Alhambra Gardens | 1 Month Free Rent - Fully Renovated 2 Bed / 1 B... | 2BR,1BA | $2.42 |
| Sereno Hills | 2 Bed 1 Bath 60% AMI Income Restricted | 2BR,1BA | $2.20 |
| 422 S Garfield Ave | 1 Bed, 1 bath | 1BR,1BA | $2.44 |
| Locke | 1BR/1.0BA | 1BR,1BA | $2.46 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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
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Read ArticleCash 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.
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, 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 2030 Apartments for Rent in Monterey Park, CA with pricing that ranges from $1,255 to $39,995. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey Park ranging from $825 to $19,995.
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 $825 to $19,995 with an average monthly rent of $6,032.
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 $6,858, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,550 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.