Rental market snapshot for Monrovia, California

Monrovia, California Rental Property Market Overview

Monrovia, California is a city located in Los Angeles County with a population of 37,500 as of 2021, according to the US Census. It is a vibrant community with a rich history, offering a variety of activities and attractions for its residents. Monrovia is home to a variety of businesses, restaurants, and shops, as well as several parks and recreational areas. The city is also known for its excellent schools, making it a great place to raise a family.

The average rent for an apartment in Monrovia is $2,944. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Monrovia California | Cost of Living

  • The most expensive ZIP code in Monrovia is 91016 with an average price of $2,780.
  • The cheapest ZIP code in Monrovia is 91016 with an average price of $2,780.

Monrovia ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
191016$2,780

Live near Monrovia, California's Top Sights and Attractions

Monrovia Library Park is a beautiful outdoor space located in a residential area of Southern California. The park features lush green lawns, a large pond, and a variety of mature trees. There are plenty of benches and picnic tables for visitors to relax and enjoy the scenery. The park also features a playground, a basketball court, and a walking path. The library itself is a great place to find books, magazines, and other resources. The park is a great place to spend a day with family or friends, or just to relax and enjoy the outdoors.

Monrovia Swim Center is a public aquatic facility located in Southern California. It features a 25-meter pool, a shallow wading pool, a diving well, and a water slide. The facility also offers a variety of swimming lessons, water aerobics classes, and other recreational activities. It is a great place for families to spend a day together, with plenty of shade and seating areas.

Recreation Park is a large outdoor area located in Monrovia, California. It features a variety of activities including a playground, picnic areas, a basketball court, a baseball field, and a walking path. The park also has a lake with a fishing dock, and a large grassy area perfect for a game of frisbee or a picnic. The park is a great place to spend a day with family and friends, and is a popular spot for locals and visitors alike.

Monrovia Wilderness Preserve is a beautiful natural area located in Southern California. It is a great place for outdoor activities such as hiking, biking, and horseback riding. The preserve is home to a variety of wildlife, including bobcats, coyotes, and deer. There are also several trails that wind through the preserve, offering stunning views of the surrounding area. Visitors can also enjoy picnicking, bird watching, and exploring the many creeks and streams that run through the preserve.

Recreation Park Skatepark is a popular outdoor attraction located in Monrovia, California. It features a large, concrete skatepark with a variety of obstacles and ramps for skateboarders and BMX riders of all skill levels. The park also includes a picnic area, restrooms, and a playground. The skatepark is open to the public and is free to use.

Grand Avenue Park is a lush green oasis located in the foothills of Southern California. It features a large grassy area, a playground, and a picnic area with tables and grills. The park also has a walking path, a basketball court, and a baseball diamond. There is plenty of shade from the surrounding trees, and a small pond with ducks and geese. The park is a great place to spend a day with family and friends, or just to relax and enjoy the outdoors.

Evergreen Plaza Park is a lush green oasis in the heart of a bustling city. It features a large grassy area, perfect for picnics and outdoor activities, as well as a playground and a walking path. The park also has a pond with ducks and other wildlife, and a gazebo for relaxing and enjoying the scenery. The park is surrounded by tall trees, providing shade and a peaceful atmosphere.

Julian Fisher Park is a beautiful outdoor space located in the foothills of the San Gabriel Mountains. It features a large grassy area with picnic tables, a playground, and a walking path. The park also has a small lake with a dock, where visitors can go fishing or take a leisurely boat ride. The park is surrounded by lush trees and shrubs, providing a peaceful and tranquil atmosphere.

Rotary Park is a small but beautiful park located in the foothills of the San Gabriel Mountains. It features a large grassy area, a playground, picnic tables, and a walking path. The park also has a pond with ducks and other wildlife, as well as a gazebo and a small amphitheater. The park is a great place to relax and enjoy the outdoors, with plenty of shade and a peaceful atmosphere.

Lucinda Garcia Park is a beautiful outdoor space located in the foothills of the San Gabriel Mountains. It features lush green grass, a large playground, and plenty of picnic tables and benches. There is also a walking path that winds through the park, making it a great place to take a leisurely stroll. The park is also home to a variety of wildlife, including ducks, geese, and other birds. The park is a great place to spend a day with family and friends, enjoying the fresh air and natural beauty of the area.

Monrovia, California area median rent change by ZIP code map

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How does Monrovia compare to other cities in California?

citymedian price
Seal Beach$3,613
Laguna Niguel$3,064
Dixon$2,900
Poway$2,820
Covina$2,800
Sunol$2,568
Orangevale$2,530
Turlock$2,000

Average household income in Monrovia area graph - US Census

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The median household income in Monrovia in 2021 was $87,077. This represents a 25.4% change from 2011 when the median was $69,449.

#categorypercent
0Less than $10,0004.0%
1$10,000 to $14,9992.2%
2$15,000 to $19,9993.3%
3$20,000 to $24,9993.6%
4$25,000 to $29,9993.6%
5$30,000 to $34,9993.9%
6$35,000 to $39,9992.5%
7$40,000 to $44,9993.6%
8$45,000 to $49,9994.2%
9$50,000 to $59,9996.1%
10$60,000 to $74,9999.3%
11$75,000 to $99,99914.2%
12$100,000 to $124,9999.8%
13$125,000 to $149,9999.2%
14$150,000 to $199,9998.7%
15$200,000 or more11.9%

Neighborhoods in Monrovia

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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.

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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.

As of December , the average rent in Monrovia is $2,944.
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