Rental market snapshot for Monterey Park, California

Monterey Park, California Rental Property Market Overview

Monterey Park, California is a vibrant city located in Los Angeles County. As of 2021, the population of Monterey Park is 59,667, according to the US Census. The city is known for its diverse population, with a large Asian-American population and a variety of cultural attractions. Monterey Park is home to a variety of restaurants, shops, and entertainment venues, making it a great place to live and visit.

The average rent for an apartment in Monterey Park is $2,170. 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 Monterey Park California | Cost of Living

  • The most expensive ZIP code in Monterey Park is 91755 with an average price of $2,762.
  • The cheapest ZIP code in Monterey Park is 91754 with an average price of $2,346.

Monterey Park ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
191755$2,762
291754$2,346

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

George E Elder Park is a large public park located in a residential area. It features a variety of amenities, including a large grassy area, a playground, a basketball court, a picnic area, and a walking path. The park also has a pond with ducks and turtles, as well as a variety of trees and shrubs. The park is a great place to relax and enjoy the outdoors.

Monterey Park Golf Club is an 18-hole golf course located in a scenic area of California. It features a challenging layout with rolling hills, tree-lined fairways, and water hazards. The course also offers a driving range, practice putting green, and a pro shop. The club also hosts tournaments and special events throughout the year.

Sierra Vista Park is a beautiful outdoor area located in the heart of Monterey Park. It features lush green grass, a large lake, and plenty of trees and shrubs. There are several walking trails, picnic tables, and benches throughout the park, making it a great spot for a leisurely stroll or a picnic. The park also has a playground, basketball court, and a skate park for those looking for a bit of fun. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Highlands Park is a beautiful outdoor space located in the hills of Southern California. It offers stunning views of the surrounding area, including the nearby mountains and ocean. The park features a variety of trails for hiking, biking, and horseback riding, as well as picnic areas, playgrounds, and a lake. Visitors can also enjoy a variety of wildlife, including birds, deer, and other animals. The park is a great place to relax and enjoy nature, and is a popular destination for locals and tourists alike.

Garvey Ranch Park is a sprawling outdoor recreation area located in the foothills of the San Gabriel Mountains. It features a variety of activities for all ages, including a playground, picnic areas, a lake, a nature trail, and a disc golf course. The park also offers a variety of sports fields, including baseball, soccer, and basketball. The park is a great place to spend a day outdoors, with plenty of space to explore and plenty of activities to keep everyone entertained.

George E Elder Memorial Park is a large public park located in a suburban area of California. It features a variety of recreational activities, including a playground, picnic areas, walking paths, and a lake with a fishing dock. The park also has a large amphitheater, which is used for concerts and other events. There is also a skate park, basketball courts, and a fitness center. The park is surrounded by lush greenery and is a great place to relax and enjoy the outdoors.

Sunnyslopes Park is a beautiful outdoor recreational area located in the foothills of a coastal mountain range. It features a variety of activities for visitors to enjoy, including a playground, picnic areas, walking trails, and a lake. The park is also home to a variety of wildlife, including ducks, geese, and other birds. Visitors can also take advantage of the park's fishing pier, which offers a great view of the surrounding area. The park is a great place to spend a day outdoors, enjoying the fresh air and beautiful scenery.

Sequoia Park is a lush, green oasis located in the heart of a bustling city. It is a popular destination for locals and tourists alike, offering a variety of outdoor activities such as hiking, biking, and picnicking. The park is home to a variety of trees, including majestic sequoias, as well as a variety of wildlife. There are also several ponds and streams, making it a great spot for bird watching. Visitors can also enjoy the park's many amenities, such as playgrounds, picnic tables, and a large amphitheater.

Cascade Park is a beautiful outdoor destination located in the hills of Southern California. It features lush green grass, a large pond, and a variety of trees and shrubs. Visitors can enjoy a leisurely stroll along the winding paths, take in the stunning views of the surrounding hills, or relax in the tranquil atmosphere. The park also features a playground, picnic tables, and a gazebo. With its picturesque setting and peaceful atmosphere, Cascade Park is the perfect place to spend a day outdoors.

Bella Vista Park is a lush green oasis located in the heart of a bustling urban area. It features a large lake, a playground, picnic areas, and plenty of walking paths. The park is a great spot for families to relax and enjoy the outdoors. There are also plenty of benches and tables for visitors to sit and take in the views. The lake is home to a variety of wildlife, including ducks, geese, and other birds. The park is also a popular spot for birdwatchers.

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
Millbrae$4,500
Livermore$2,940
Highland$2,760
El Cerrito$2,695
Auburn$1,950
Barstow$1,295
Redding$1,295

Average household income in Monterey Park area graph - US Census

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The median household income in Monterey Park in 2021 was $68,497. This represents a 22.8% change from 2011 when the median was $55,800.

#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%

Neighborhoods in Monterey Park

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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.

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.

As of December , the average rent in Monterey Park is $2,170.
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