35 rentals in Monterey Park
Monterey Park is known as the first suburban Chinatown with diverse Asian dining. Features Chinese-American community and affordable housing.
Today, Monterey Park has 35 homes for rent at a median rent of $3,300/mo, typically leasing in about 12 days. Families here choose from 6 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Rent
$3,250/mo
↓ 4.4% over the past yearMonths of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
0.4 months of supply
Landlord's MarketWith only 35 active rentals, supply is tight.
What this means for renters
Rental inventory is tight relative to how many homes get leased each month—fewer options, and well-priced units draw competition. Rentals typically lease in ~12 days.
Rental Velocity
How fast rentals are leasing
Rentals are leasing extremely fast—expect high competition and quick decisions. Leasing 51% faster than 6 months ago.
Rental Inventory Distribution
Rentals are being leased quickly—most listings move within 30 days, signaling strong renter demand.
Housing Tenure in Monterey Park
Homeownership is near the state average—a balanced mix of owners and renters.
52%
Homeowners
48%
Renters
Homeownership is 3.5% lower than the California average (55.5%)
20,737 households (2023)
Median Rent by Bedroom
Rent increases significantly with bedroom count—larger units command premium prices.
Each additional bedroom adds about $862.5/mo to rent on average, with larger units commanding higher premiums.
Largest increase: 4 → 5 bedrooms (+$1,675/mo)
Rent Reductions
6 listings have reduced their rent
17% of active listings
Average reduction: 5.2% (~$172/mo)
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