Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Monterey Park city, California?
City · Census ACS 5-Year estimates
The median gross rent in Monterey Park city, California is $1,888/month (±$46), based on Census ACS 5-Year estimates (2024). The median home value is $863,000 (±$16,202), and the median household income is $81,855/year. The unemployment rate in Los Angeles County, California was 5.2% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Monterey Park city, California
| Metric | Value |
|---|---|
| Median Gross Rent | $1,888 |
| Median Home Value | $863,000 |
| Median Household Income | $81,855 |
| Total Housing Units | 20,646 |
| Renter-Occupied Units | 9,997 |
| Renter-Occupied Share | 48% |
| Households Paying 50%+ Income | 2,948 households |
| Unemployment Rate(April 2026) | 5.2% |
How does Monterey Park city, California compare?
Median gross rent ranked against all cities in California.
Higher rent than 56% of cities in California · 502nd of 1145
| # | City | Value |
|---|---|---|
| 1 | Saratoga city | $3,501 |
| 1 | Jamul CDP | $3,501 |
| 1 | Rolling Hills city | $3,501 |
| … 498 more … | ||
| 502 | Monterey Park city(you are here) | $1,888 |
| … 640 more … | ||
| 1143 | Greenville CDP | $296 |
| 1144 | Stonyford CDP | $286 |
| 1145 | Bridgeport CDP | $242 |
More data for Monterey Park city, California
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Frequently asked questions
What is the average rent in Monterey Park city, California?
The median gross rent in Monterey Park city, California is $1,888/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Monterey Park city, California?
The median rent for a 2-bedroom in Monterey Park city, California is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Monterey Park city, California?
The median home value in Monterey Park city, California is $863,000 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Monterey Park city are rent-burdened?
In Monterey Park city, California, 2,948 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Monterey Park city, California?
The median household income in Monterey Park city, California is $81,855/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,888 has a margin of error of ±$46. In very small areas, MOEs can be large relative to the estimate.
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