
Cheap Homes for Rent in Monterey Park, CA from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Monterey Park.


301 N 5th St

144 S Townsend Ave

1019 S Downey Rd

320 N 5th St

320 N 5th St

1039 Leonard Pl

102 La Paloma Ave

4839 Seldner Ave

2650 Strathmore 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

1067 S Herbert 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 | $2,927 | $2,295 | $3,900 |
Monterey Park 3 Bedroom Homes for Rent | $4,050 | $3,300 | $6,500 |
Monterey Park 4 Bedroom Homes for Rent | $4,675 | $3,250 | $6,800 |
Monterey Park 5 Bedroom Homes for Rent | $9,800 | $9,800 | $9,800 |
Monterey Park 6 Bedroom Homes for Rent | $4,700 | $4,700 | $4,700 |
Browse Top Homes for Rent in Monterey Park
Explore Monterey Park
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 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 |
Best Value Apartments for Rent in Monterey Park, CA and Nearby
As of March 26, 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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Frequently Asked Questions about Monterey Park
What type of rentals are currently available in Monterey Park?
There are currently 2013 Apartments for Rent in Monterey Park, CA with pricing that ranges from $900 to $7,600. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monterey Park ranging from $1,150 to $9,800.
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 $1,150 to $9,800 with an average monthly rent of $4,382.
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.