
Cheap Apartments for Rent in the Luminaria Hills Neighborhood of Monterey Park, CA from $1,400 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the Luminaria Hills area of Monterey Park.


Emerald Hills

422 S Garfield Ave

524 N Lincoln Ave

216 S Ramona Ave

834-842 W El Repetto Dr

400-408 S Alhambra Ave

944 W Mabel Ave

203-205 N Ynez Ave

1080 College View Dr
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.

1091 College View Dr

1070 College View Dr

Golden Valley Place

Nicholson Villa

Fountain Villa

Nicholson Villa

The Briarwood

408 S Ramona Ave

128 N Alhambra Ave

307-311 S McPherrin 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.

418 Baltimore Ave

112-114 N Nicholson Ave

412 Sefton Ave

219-225 S McPherrin Ave

626-628 N Ynez Ave

210 E Graves Ave

723 W Emerson Ave

2005 S Wilcox Ave

511 N Nicholson Ave

534-538 N Alhambra Ave
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.

1179 College View Dr

860 Brightwood St

1129 College View Dr

516 E Newmark Ave

1112 W Garvey Ave

1120 College View Dr

112 Garcelon Ave

117-119 N Sierra Vista St

325-327 N Sierra Vista St

534 N Chandler 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.

323-324 Peach St

1060 College View Dr

528-530 N Moore Ave

319 S Alhambra Ave

1100 College View Dr

224 S Ramona Ave

608 N Nicholson Ave

882 W El Repetto Dr

422 N Alhambra Ave

500 Everett Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Luminaria Hills, Monterey Park, CA Local Guide

How much does it cost to rent an apartment in Luminaria Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Luminaria Hills 1 Bedroom Apartments | $1,950 | $1,950 | $1,950 |
| Luminaria Hills 2 Bedroom Apartments | $2,698 | $2,223 | $3,600 |
| Luminaria Hills 3 Bedroom Apartments | $3,698 | $3,038 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 68 rentals with your search options within a 1 mile radius of the Luminaria Hills Neighborhood of Monterey Park, CA.
See all Apartments in Monterey ParkExplore Monterey Park
Luminaria Hills, Monterey Park, CA Local Guide
- Nearby Monterey Park neighborhoods
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- School Districts
Cheapest Available Luminaria Hills Apartments for Rent
 The cheapest available apartment rental in the Luminaria Hills area of Los Angeles, CA is a 1 Bed unit found at 422 S Garfield Ave priced from $1,950. Emerald Hills has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,223. Here are the most affordable Luminaria Hills apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 422 S Garfield Ave | 1 Bed 1 Bath | 1BR,1BA | $1,950 |
| Emerald Hills | 2x1 | 2BR,1BA | $2,223 |
| Atlantic Times Square | Heritage | 2BR,2BA | $3,500 |
Best Value Apartments for Rent in Luminaria Hills, CA
As of May 15, 2026 the best value apartment in the Luminaria Hills area is the $2.50 price per square foot Villa Model at Atlantic Times Square in the in the Southeast Los Angeles neighborhood starting from $3,600. The second greatest value Luminaria Hills 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 Luminaria Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Atlantic Times Square | Villa | 2BR,2BA | $2.50 |
| 126 W Emerson Ave, Unit 126WestEmersonAve | 126 W Emerson Ave | 2BR,1.5BA | $2.08 |
| Emerald Hills | 3x1 | 3BR,1BA | $2.69 |
| 422 S Garfield Ave | 1 Bed 1 Bath | 1BR,1BA | $2.44 |
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 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.
Pet Friendly LifestyleLuminaria Hills, Monterey Park, CA
Ranked #2
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Luminaria Hills Apartments
What is the lowest price for a Cheap Two Bedroom Luminaria Hills Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Luminaria Hills is starting from $2,223 at Emerald Hills.
What is the most affordable Luminaria Hills Three Bedroom Apartment?
The best deal on a cheap Luminaria Hills Three Bedroom Apartment rental is at Emerald Hills and starts from $3,038.
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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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.

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.