Cheap Apartments for Rent in Monterey Park, CA from $900 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Monterey Park.

704 Oakford Dr, Unit 704 Rear

152 1/2 N Indiana St

Emerald Apartments

742 Via Altamira Via, Unit 9

5271 Huntington Dr N

5328 Almont St

145 S Alma Ave
Los Angeles's Best Affordable Neighborhoods
Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

1 BED 1 BATH IN LOS ANGELES!!!

4688 Huntington Dr

6644 Easton St, Unit 6644
Monterey Park, CA Local Guide

How much does it cost to rent an apartment in Monterey Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Monterey Park Studio Apartments | $2,488 | $1,500 | $3,395 |
Cheap Monterey Park 1 Bedroom Apartments | $2,333 | $900 | $4,083 |
Cheap Monterey Park 2 Bedroom Apartments | $3,223 | $2,000 | $5,774 |
Cheap Monterey Park 3 Bedroom Apartments | $4,008 | $2,395 | $7,600 |
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Monterey Park, CA Local Guide

- Monterey Park Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,500. Woodbridge Village Apartments in the Northeast Los Angeles neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,645. Here is today’s list of the most affordable Monterey Park apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Emerald Apartments | Unit #34 - Studio | Studio,1BA | $1,500 |
Woodbridge Village Apartments | 1 BEDROOM | 1BR,1BA | $1,645 |
1 BED 1 BATH IN LOS ANGELES!!! | 1BR/1.0BA | 1BR,1BA | $1,773 |
Eastern Manor | One bedroom One bath | 1BR,1BA | $1,850 |
Park Victoria Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,875 |
Locke | 1BR/1.0BA | 1BR,1BA | $1,880 |
APT 505 LINCO | 1BR/1.0BA | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Monterey Park, CA
As of March 27, 2025 the best value apartment in the Monterey Park area is the $1.89 price per square foot 3819 Percy St Model at 3819 Percy St, Unit #A in the in the Southeast Los Angeles neighborhood starting from $4,450. The second greatest value Monterey Park apartment is the 5408 Huntington Dr S Model at 5408 Huntington Dr S, Unit 5408 starting at $3,750 with a $2.50 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. |
---|---|---|---|
3819 Percy St, Unit #A | 3819 Percy St | 5BR,3BA | $1.89 |
5408 Huntington Dr S, Unit 5408 | 5408 Huntington Dr S | 3BR,2.5BA | $2.50 |
744 Hendricks Ave, Unit #1 | 744 Hendricks Ave | 2BR,1BA | $1.50 |
1201 S 4th St, Unit 1201 | 1201 S 4th St | 1BR,1BA | $1.91 |
Bay State Terrace | 2 Beds, 2 baths | 2BR,2BA | $2.45 |
Taylor Gardens Apartments | 2 Bed / 1.75 Bath | 2BR,1.5BA | $2.40 |
5852 Via Corona St, Unit 5852 VIA CORONA | 5852 Via Corona St | 2BR,1BA | $2.40 |
1104 S Marengo Ave | 2 Bedroom 2 Bath | 2BR,2BA | $2.30 |
429 N Electric Ave, Unit B | 429 N Electric Ave | 2BR,1BA | $2.40 |
Valley Manor Apartments | 2 Bed 1 Bath | 2BR,1BA | $2.22 |
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Monterey Park Overview
Ideally located just a few short miles from the beacon city of Los Angeles, Monterey Park is a highly sought-after zip code in the popular state of California. Consistently ranked near the top when it comes to local schools, location and a steady economic base, an apartment in Monterey Park is definitely a sign of someone who is going places.
Why live in Monterey Park, CA?
From the highly-regarded schools to the impressive first-rate eateries, Monterey Park apartments have much to offer those eager to reside in California. With a wide-array of job options in the healthcare and education fields at the ready, and plenty of local hot spots at your fingertips, a rental in Monterey Park is about as ideal as Cali living gets.
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
Getting Around Monterey Park, CA
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Monterey Park Apartments
What is the Cheapest Studio apartment in Monterey Park?
Currently the most affordable Cheap Studio Apartment in Monterey Park is at Emerald Apartments listed at $1,500.
How much is rent for a Cheap One Bedroom Monterey Park Apartment?
The lowest price for a Cheap One Bedroom Monterey Park Apartment is $1,645 at Woodbridge Village Apartments .
What is the lowest price for a Cheap Two Bedroom Monterey Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monterey Park is starting from $2,000 at Valley Manor Apartments.
What is the most affordable Monterey Park Three Bedroom Apartment?
The best deal on a cheap Monterey Park Three Bedroom Apartment rental is at San Gabriel Villa and starts from $3,155.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.