Cheap Apartments for Rent in Monterey Park, CA from $900 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Monterey Park.

5371 Louis Pl

4139 Superior Ct

Emerald Apartments

506 N Electric Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1 BED 1 BATH IN LOS ANGELES!!!

1120 Amalia Ave, Unit 1124 1/4
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Los Angeles's Best Affordable Neighborhoods
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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 | $2,156 | $1,050 | $2,600 |
Cheap Monterey Park 1 Bedroom Apartments | $2,286 | $1,675 | $4,172 |
Cheap Monterey Park 2 Bedroom Apartments | $3,066 | $1,850 | $5,432 |
Cheap Monterey Park 3 Bedroom Apartments | $3,976 | $2,974 | $7,600 |
Cheap Monterey Park 4 Bedroom Apartments | $3,664 | $3,129 | $4,200 |
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Monterey Park, CA Local Guide

- Monterey Park Neighborhoods
- Nearby Cities
- ZIP codes
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- 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. 2707 Pomeroy Ave in the Southeast Los Angeles neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,575. 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, 1 bath | Studio,1BA | $1,500 |
2707 Pomeroy Ave | 0 Beds, 1 Baths | Studio,1BA | $1,575 |
Woodbridge Village Apartments | 1 BEDROOM | 1BR,1BA | $1,645 |
1 BED 1 BATH IN LOS ANGELES!!! | 1BR/1.0BA | 1BR,1BA | $1,696 |
Eastern Manor | One bedroom One bath | 1BR,1BA | $1,750 |
Locke | 1BR/1.0BA | 1BR,1BA | $1,829 |
Park Victoria Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,875 |
Best Value Apartments for Rent in Monterey Park, CA
As of May 18, 2025 the best value apartment in the Monterey Park 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 Monterey Park apartment is the 2 Beds, 2 baths Model at Bay State Terrace starting at $2,690 with a $2.45 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. |
---|---|---|---|
Atlantic Times Square | Villa | 2BR,2BA | $2.50 |
Bay State Terrace | 2 Beds, 2 baths | 2BR,2BA | $2.45 |
Las Flores Gardens Apartments | 2X2 | 2BR,2BA | $2.54 |
111 N Lincoln Ave, Unit K | 111 N Lincoln Ave | 2BR,1BA | $2.40 |
2229 Hendricks Ave, Unit 2229 | 2229 Hendricks Ave | 1BR,1BA | $1.85 |
Valley Manor Apartments | 2 Bed 1 Bath | 2BR,1BA | $2.22 |
3425 1/2 E 5th St, Unit Upstairs | 3425 1/2 E 5th St | 1BR,1BA | $2.56 |
1499Ridg | 2BR/1.0BA | 2BR,1BA | $2.55 |
6515 1/2 Northside Dr | 6515 1/2 Northside Dr | 1BR,1BA | $2.29 |
Locke | 1BR/1.0BA | 1BR,1BA | $2.44 |
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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
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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 $1,920 at Ditman.
What is the most affordable Monterey Park Three Bedroom Apartment?
The best deal on a cheap Monterey Park Three Bedroom Apartment rental is at Emerald Hills and starts from $2,974.
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.

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