Rental market snapshot for Monterey Park, California

Monterey Park, California Rental Property Market Overview

The average rent for an apartment in Monterey Park is $2,228. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -12.0% over the past year.

Monterey Park is a city located in Los Angeles County, California. As of the 2021 census, the city had a population of 59,667. The city is bordered by the cities of Alhambra, San Gabriel, and South Pasadena. Monterey Park is a culturally diverse community, with a large Asian population. The city is home to a number of businesses and cultural institutions.

Last Updated December 23, 2022

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Average monthly rent graph in Monterey Park California | Cost of Living

  • The most expensive ZIP Code in Monterey Park is 91754 with an average price of $2,005
  • The cheapest ZIP Code in Monterey Park is 91754 with an average price of $1,900

Monterey Park ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
191754$2,005

Live near Monterey Park, California's Top Sights and Attractions

George E Elder Park is a large park with a playground, a basketball court, and a picnic area. The park also has a pond with a fountain in the center.

The Monterey Park Golf Club is a 9-hole public golf course located in the city of Monterey Park, California. The course is situated atop a hill with views of the surrounding area. The course features a variety of different terrain, including a few water hazards.

Sierra Vista Park is a large park with a playground, a basketball court, a picnic area, and a walking trail. The park also has a pond with a fountain, and a few ducks.

Highlands Park is a beautiful park located in the heart of Monterey Park. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a basketball court. The park is also home to a variety of wildlife, including ducks, geese, and squirrels.

Garvey Ranch Park is a large park with a playground, a basketball court, a picnic area, and a pond. The park also has a walking trail and a few tennis courts.

George E Elder Memorial Park is a large park with a playground, a basketball court, and a picnic area. The park also has a pond with a fountain in the center.

Sequoia Park is a large public park with a playground, picnic tables, and a walking trail. The park also has a large pond with ducks and geese.

Sunnyslopes Park is a small park located in the Sunnyslopes neighborhood of Monterey Park, California. The park features a playground, a picnic area, and a small basketball court.

Monterey Park, California area median rent change by ZIP Code map

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How does Monterey Park compare to other cities in California ?

citymedian price
Tarzana$3,895
Oroville$1,150
Pomona$2,590
San Bernardino$2,295
Sausalito$3,100
Fair Oaks$2,545
Gardena$2,090
Cathedral City$2,195
Moorpark$2,763

Average household income in Monterey Park area graph - US Census

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The median household income in Monterey Park in 2021 was $63,389. This represents a 22.5% change from 2011 when the median was $51,736.

#categorypercent
0Less than $10,0006.2%
1$10,000 to $14,9994.1%
2$15,000 to $19,9994.9%
3$20,000 to $24,9994.3%
4$25,000 to $29,9995.0%
5$30,000 to $34,9993.4%
6$35,000 to $39,9993.8%
7$40,000 to $44,9993.7%
8$45,000 to $49,9993.9%
9$50,000 to $59,9998.5%
10$60,000 to $74,9999.2%
11$75,000 to $99,99910.1%
12$100,000 to $124,9999.8%
13$125,000 to $149,9997.0%
14$150,000 to $199,9996.7%
15$200,000 or more9.2%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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