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Newest Homes for Rent in Monrovia, CA

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  • /33

    Starting at $2,376

    Total Monthly Price

    • Studio - 3 Beds

    1625 S Magnolia Ave, Monrovia, CA 91016

    At Alexan Marmont, we've crafted residences that radiate style and sophistication. Nestled at the base of the San Gabriel Mountains, Alexan Marmont is your gateway to every adventure. This prime location not only offers easy access to downtown LA and beyond but also provides the convenience of exploring the vibrant surrounding neighborhoods. Scenic parks and green spaces are just moments away,

    Alexan Marmont

    (626) 415-0624

    1625 S Magnolia Ave, Monrovia, CA 91016
  • /22

    Starting at $2,303

    Total Monthly Price

    • Studio - 3 Beds

    127 W Pomona St, Monrovia, CA 91016

    Onwards and upwards to The Monroe, a new residential community with a modern mix of open apartment layouts and feel-good amenities in Monrovia, CA. From a poolside amenity deck to the rooftop clubhouse, connection finds its peak with scenic lounges to enjoy. Toast the views and look out below for easygoing inroads to Old Town destinations, daily commutes, and trailheads to golden hours throughout

    The Monroe

    (626) 415-3989

    127 W Pomona St, Monrovia, CA 91016
  • /35

    Starting at $2,388

    Total Monthly Price

    • Studio - 2 Beds

    1110 S 5th Ave, Monrovia, CA 91016

    Greystar California, Inc. dba Greystar Corp. License No. 1525765 Broker: Gerard S. Donohue License No. 01265072

    Areum Apartment

    (626) 382-1486

    1110 S 5th Ave, Monrovia, CA 91016
  • /51

    Starting at $2,099 Per Month

    • 1 - 2 Beds

    125 W Olive Ave, Monrovia, CA 91016

    Located in the heart of Old Town Monrovia, Oak Park Apartments places you steps from charming boutiques, local restaurants, and a year-round farmers market. This walkable neighborhood blends small-town character with everyday convenience. Our spacious one-bedroom apartments feature open kitchens, abundant closet space, and bright living areas designed for both comfort and entertaining. Enjoy

    Oak Park Apartments

    (626) 415-0837

    125 W Olive Ave, Monrovia, CA 91016
  • /39

    Starting at $2,999 Per Month

    • 1 - 2 Beds

    700 S Myrtle Ave, Monrovia, CA 91016

    Inviting and warm. Stylish and practical. Designed to help you get the most out of each day. This can be your new home at Paragon at Old Town in Monrovia, California. Legacy Partners, Inc., CA DRE #01201696

    Paragon at Old Town

    (626) 699-9425

    700 S Myrtle Ave, Monrovia, CA 91016
  • /40

    Starting at $2,388

    Total Monthly Price

    • Studio - 2 Beds

    228 W Pomona Ave, Monrovia, CA 91016

    Greystar California, Inc. dba Greystar Corp. License No. 1525765 Broker: Gerard S. Donohue License No. 01265072

    MODA at Monrovia Station

    (626) 507-3892

    228 W Pomona Ave, Monrovia, CA 91016
  • /66

    Starting at $2,420 Per Month

    • Studio - 2 Beds

    225 W Duarte Rd, Monrovia, CA 91016

    Experience the pinnacle of luxury living at Trestle. Our brand-new apartments in the heart of Monrovia, CA offer unparalleled sophistication, allowing you to immerse yourself in the vibrant culture of Monrovia. With top-tier amenities, resort-inspired services, and a prestigious address, you can enjoy urban conveniences while cherishing the peace you deserve.

    Trestle

    (626) 314-6086

    225 W Duarte Rd, Monrovia, CA 91016
  • /29

    Starting at $1,950 Per Month

    • 1 - 2 Beds

    208-210 W Lemon Ave, Monrovia, CA 91016

    This inviting home blends comfort, convenience, and everyday functionality in a desirable location. The thoughtfully designed floor plan offers spacious living areas filled with natural light, creating a warm and welcoming atmosphere throughout.Enjoy a well-equipped kitchen featuring ample cabinet storage, generous counter space, and room for casual dining ideal for both daily living and

    Wellesley Court Apartments

    (626) 605-3315

    208-210 W Lemon Ave, Monrovia, CA 91016
  • /29

    $4,350

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 2,200 Sq Ft
    • House for Rent

    2911 Spruce Ct, Arcadia, CA 91006

    Lodged at the end of a peaceful cul-de-sac of a secured gated community in Arcadia, this spacious single-story home for lease offers over 2083 square feet of comfortable, beautifully maintained living space. Featuring 3 bedrooms, 2 1/2 baths and an open, family-friendly layout, this Arcadia rental home is designed for both relaxation and entertaining. The interior features brand new carpet, vinyl

    2911 Spruce Ct, Arcadia, CA 91006
  • /11

    $3,590

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 685 Sq Ft
    • Condo for Rent

    825 S Myrtle Ave Unit SI FL1-ID12267A, Monrovia, CA 91016

    Staged photos of matching layout and similar décorImagery shows same floorplan and building, and similar décor as we finish photographing this new unit.Be the first to rent!Show up and start living from day one in Monrovia with this sophisticated one bedroom Blueground apartment. You’ll love coming home to this thoughtfully furnished, beautifully designed, and fully

    (626) 263-5511

    825 S Myrtle Ave Unit SI FL1-ID12267A, Monrovia, CA 91016
  • /13

    $4,200 Per Month

    • 3 Beds
    • 2 Baths
    • 1,235 Sq Ft
    • House for Rent

    1907 Graydon Ave, Monrovia, CA 91016

    Welcome to this charming traditional home located on a quiet cul-de-sac in the highly desirable Mayflower Village neighborhood of Monrovia. This bright and inviting 3-bedroom, 2-bath home offers an open-concept layout with newly refinished hardwood floors, dual-pane windows, recessed lighting, and a spacious primary suite. The beautifully remodeled eat-in kitchen features Quartz countertops,

    Jeff Fisher Berkshire Hathaway Home Servic

    1907 Graydon Ave, Monrovia, CA 91016
  • /13

    $2,500 Per Month

    • 2 Beds
    • 1.5 Baths
    • 910 Sq Ft
    • Apartment for Rent

    122 N Mayflower Ave Unit A, Monrovia, CA 91016

    Remodeled 2 bed, 1.5 bath condo-style apartment in the desirable city of Monrovia. Features include tile flooring & hardwood flooring, fresh paint, new window blinds, and updated kitchen and bathroom countertops. Conveniently located near restaurants, supermarkets, and shopping, with easy access to the 210 Freeway. Please note, no pets allowed and no smoking allowed. Rent includes water + trash,

    ASHLEY TANG HANDFORE REALTY CORP.

    122 N Mayflower Ave Unit A, Monrovia, CA 91016
  • /11

    $4,170

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 825 Sq Ft
    • Condo for Rent

    825 S Myrtle Ave Unit SI FL5-ID12257A, Monrovia, CA 91016

    Staged photos of matching layout and similar décorImagery shows same floorplan and building, and similar décor as we finish photographing this new unit.Be the first to rent!Show up and start living from day one in Monrovia with this comfortable one bedroom Blueground apartment. You’ll love coming home to this thoughtfully furnished, beautifully designed, and fully equipped

    (626) 605-2769

    825 S Myrtle Ave Unit SI FL5-ID12257A, Monrovia, CA 91016
  • /10

    $1,980 Per Month

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Apartment for Rent

    2425 S Myrtle Ave Unit A, Monrovia, CA 91016

    This brand-new upstairs 1 bedroom, 1 bathroom unit offers modern living with a bright and functional layout. Featuring a stylish kitchen with contemporary finishes, a spacious living area, and a comfortable bedroom, this home is designed for both convenience and comfort. Enjoy the added convenience of in-unit laundry, making everyday living easy and efficient. Conveniently located near shopping,

    Kaylie Lei Pinnacle Real Estate Group

    2425 S Myrtle Ave Unit A, Monrovia, CA 91016
  • /21

    $3,280 Per Month

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • Apartment for Rent

    2423 S Myrtle Ave, Monrovia, CA 91016

    In the heart of Monrovia! This brand-new 3 bedroom, 3 bathroom unit offers modern living with a bright and functional layout. Featuring a stylish kitchen with contemporary finishes, a spacious living area, and well-sized bedrooms, this home is designed for both convenience and comfort. Enjoy the added convenience of in-unit laundry, making everyday living easy and efficient. Conveniently located

    Kaylie Lei Pinnacle Real Estate Group

    2423 S Myrtle Ave, Monrovia, CA 91016
  • /10

    $1,980 Per Month

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Apartment for Rent

    2425 S Myrtle Ave Unit B, Monrovia, CA 91016

    This brand-new upstairs 1 bedroom, 1 bathroom unit offers modern living with a bright and functional layout. Featuring a stylish kitchen with contemporary finishes, a spacious living area, and a comfortable bedroom, this home is designed for both convenience and comfort. Enjoy the added convenience of in-unit laundry, making everyday living easy and efficient. Conveniently located near shopping,

    Kaylie Lei Pinnacle Real Estate Group

    2425 S Myrtle Ave Unit B, Monrovia, CA 91016
  • /17

    $3,500

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,268 Sq Ft
    • Condo for Rent

    908 W Foothill Blvd Unit C, Monrovia, CA 91016

    Beautifully Updated 3 Bed / 2.5 Bath Condo in Gated Community – Ideal for Long-Term TenantsWelcome home to this well-maintained and thoughtfully upgraded 3 bedroom, 2.5 bathroom condo offering comfort, convenience, and peace of mind in a quiet gated community.With 1,268 sq ft of living space, this home is perfect for tenants looking for a clean, reliable, and comfortable place to

    908 W Foothill Blvd Unit C, Monrovia, CA 91016
  • /16

    $2,800 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • Townhouse for Rent

    614 Linwood Ave Unit B, Monrovia, CA 91016

    Spacious and beautifully updated townhouse located just minutes from Old Town Monrovia, known for its vibrant dining, shopping, and charming atmosphere. This bright 2-story unit offers over 1,200 sq ft of comfortable living space in a quiet, well-maintained community. The home features two large bedrooms and 1.5 bathrooms, along with an expansive living room, dedicated dining area, and a private

    German Ghibaudo Century 21 Ludecke Inc.

    614 Linwood Ave Unit B, Monrovia, CA 91016
  • /11

    $2,100 Per Month

    • 1 Bed
    • 1 Bath
    • 526 Sq Ft
    • Apartment for Rent

    517 Wildrose Ave, Monrovia, CA 91016

    This updated one-level back house features 1 bedroom and 1 bathroom, located in a quiet neighborhood near historic Old Town Monrovia village. Modern kitchen with built-in cabinetry and breakfast nook. Bright living room with abundant natural lighting. Spacious bedroom with double closets. In-unit laundry hookup, tankless water heater, modern fixtures, recessed lighting and updated flooring

    Peggy Fong Chen Re/Max Omega

    517 Wildrose Ave, Monrovia, CA 91016
  • /13

    Starting at $2,695 Per Month

    • 2 Beds

    1110 Royal Oaks Dr, Monrovia, CA 91016

    Royal Park Apartments is a gated community with lush landscaping, two pools, BBQ/picnic patios, and on-site management. This upstairs 3BR/2BA with great natural light that blends space, comfort, and an updated interior with ample closets and storage, perfect for anyone who wants peaceful residential living, minutes from Old Town Monrovia, convenient to local hiking like Monrovia Canyon Park,

    Royal Park Apartments

    (626) 263-5465

    1110 Royal Oaks Dr, Monrovia, CA 91016
  • /24

    $3,300 Per Month

    • 2 Beds
    • 1 Bath
    • 1,108 Sq Ft
    • Charming single-story residence

    606 W Walnut Ave, Monrovia, CA 91016

    Home awaits at 606 W Walnut AveA charming single-story residence nestled in the peaceful and scenic neighborhood of Monrovia, CA. This delightful home exudes a warm and inviting ambiance, beginning with its attractive curb appeal, featuring a well-maintained facade with a fresh color palette and an elegant wooden front door that sets the tone for the cozy living spaces within.As

    606 W Walnut Ave, Monrovia, CA 91016
  • /9

    $2,150 Per Month

    • 1 Bed
    • 1 Bath
    • 735 Sq Ft
    • House for Rent

    911 Genoa St Unit A, Monrovia, CA 91016

    Private back house in Monrovia, CA. Two units on the property, quiet street, no shared walls! Has a private side patio. Washer/dryer connections in patio, two tandem off-street parking, updated interior. No pets please, two adults max. Unit A, located at the back, is a cozy and private 1-bedroom, 1-bath home with no shared walls. It features a private partially-covered patio, tile flooring and

    LUNG CHEN IRN REALTY

    911 Genoa St Unit A, Monrovia, CA 91016
  • /7

    $5,910

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,370 Sq Ft
    • Condo for Rent

    825 S Myrtle Ave Unit SI FL1-ID11906A, Monrovia, CA 91016

    Photos Coming SoonThese sample photos are meant to give you a sense of Blueground’s design style. Layout and furniture are subject to change. This apartment will be ready by the date indicated.Be the first to rent!Feel at home wherever you choose to live with Blueground. You’ll love this stylish Monrovia furnished three bedroom apartment with its modern decor, fully

    (626) 415-0547

    825 S Myrtle Ave Unit SI FL1-ID11906A, Monrovia, CA 91016
  • /13

    $2,100 Per Month

    • 1 Bed
    • 1 Bath
    • 480 Sq Ft
    • House for Rent

    417 S Canyon Blvd, Monrovia, CA 91016

    Available June 6. This unit is currently occupied. Please do not disturb the tenants. Located in the heart of desirable Monrovia, this adorable little 1 bedroom, 1 bath house is the north end of a side by side tri-plex. It features laminate floors, in unit laundry and craftsman touches. There is a great front porch where you can sit and enjoy morning coffee, as well as a small, private

    417 S Canyon Blvd, Monrovia, CA 91016
  • /7

    $4,160

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,067 Sq Ft
    • Condo for Rent

    825 S Myrtle Ave Unit SI FL2-ID3861A, Monrovia, CA 91016

    Photos Coming SoonThese sample photos are meant to give you a sense of Blueground’s design style. Layout and furniture are subject to change. This apartment will be ready by the date indicated.Be the first to rent!Discover the best of Monrovia, with this two bedroom apartment in Monrovia. It’ll be easy to simply show up and start living in this furnished apartment with

    825 S Myrtle Ave Unit SI FL2-ID3861A, Monrovia, CA 91016
  • /26

    $3,150 Per Month

    • 2 Beds
    • 1 Bath
    • 1,156 Sq Ft
    • Apartment for Rent

    139 Acacia Ave, Monrovia, CA 91016

    North Monrovia Gem: 2 Bedroom Front Unit with Private Yard & Garage.Move-in ready early June! This charming 2-bed, 1-bath duplex home offers the perfect blend of vintage character and modern efficiency.Interior: Spacious layout with separate dining, galley kitchen, and charming vintage tile bathroom.Exterior: Enjoy your own private side yard and a quiet, low-traffic street

    Carol Bush Seven Gables Real Estate

    139 Acacia Ave, Monrovia, CA 91016
  • /35

    Starting at $2,600 Per Month

    • 2 Beds

    340 W Duarte Rd, Monrovia, CA 91016

    Monrovia Villas Apartments offers the comfort, flexibility, and location you’ve been looking for. Choose from thoughtfully designed one- and two-bedroom apartment homes, with select two-bedroom layouts featuring an additional den, perfect for a home office or extra living space. Each floor plan is enhanced with modern appliances and unique layouts that give you the freedom to make your space your

    Monrovia Villas Apartments

    (626) 605-2780

    340 W Duarte Rd, Monrovia, CA 91016
  • /4

    $2,100 Per Month

    • 1 Bed
    • 1 Bath
    • 733 Sq Ft
    • Condo for Rent

    346 W Lemon Ave Unit 10, Monrovia, CA 91016

    Cute and cozy unit in quiet court located close to Old Town Monrovia. Newer paint and flooring. Dishwasher, vintage kitchen and bath, single garage parking and community laundry. If you are looking for charm and convenience this is the place for you.

    (626) 263-5416

    346 W Lemon Ave Unit 10, Monrovia, CA 91016
  • /7

    $4,150

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 955 Sq Ft
    • Condo for Rent

    825 S Myrtle Ave Unit SI FL1-ID4631A, Monrovia, CA 91016

    Photos Coming SoonThese sample photos are meant to give you a sense of Blueground’s design style. Layout and furniture are subject to change. This apartment will be ready by the date indicated.Be the first to rent!Feel at home wherever you choose to live with Blueground. You’ll love this charming Monrovia furnished two bedroom apartment with its modern decor, fully

    825 S Myrtle Ave Unit SI FL1-ID4631A, Monrovia, CA 91016
  • /49

    $2,287

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 525 Sq Ft
    • House for Rent

    159 N Canyon Blvd, Monrovia, CA 91016

    Canyon Charm Retreat | Vintage Character ADU (Offered at $2,695)159 N Canyon Blvd Unit V, Monrovia, CA 91016Full of charm and character, this inviting 1 bedroom, 1 bath residence offers a more classic feel with thoughtful details and a slightly larger layout. Approximately 520+ square feet, the home features a warm, comfortable flow with distinct living spaces.E-Zee to

    159 N Canyon Blvd, Monrovia, CA 91016
  • /10

    $4,600 Per Month

    • 4 Beds
    • 3 Baths
    • 1,968 Sq Ft
    • Condo for Rent

    407 E Duarte Rd Unit C, Arcadia, CA 91006

    Welcome to a well-maintained and conveniently located home in the heart of Arcadia. This bright and comfortable unit offers a functional layout with spacious living areas, perfect for everyday living. Located within the highly sought-after Arcadia Unified School District, this property is an excellent choice for families prioritizing top-tier education. The district is consistently ranked among

    Angela Situ Pinnacle Real Estate Group

    407 E Duarte Rd Unit C, Arcadia, CA 91006
  • /49

    $2,287

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 525 Sq Ft
    • House for Rent

    159 N Canyon Blvd, Monrovia, CA 91016

    Canyon Charm Retreat | Vintage Character ADU (Offered at $2,695)159 N Canyon Blvd Unit V, Monrovia, CA 91016Full of charm and character, this inviting 1 bedroom, 1 bath residence offers a more classic feel with thoughtful details and a slightly larger layout. Approximately 520+ square feet, the home features a warm, comfortable flow with distinct living spaces.E-Zee to

    159 N Canyon Blvd, Monrovia, CA 91016
  • /7

    $5,200

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • Condo for Rent

    825 S Myrtle Ave Unit SI FL4-ID11896A, Monrovia, CA 91016

    Photos Coming SoonThese sample photos are meant to give you a sense of Blueground’s design style. Layout and furniture are subject to change. This apartment will be ready by the date indicated.Be the first to rent!Show up and start living from day one in Monrovia with this stylish three bedroom Blueground apartment. You’ll love coming home to this thoughtfully furnished,

    (626) 415-0730

    825 S Myrtle Ave Unit SI FL4-ID11896A, Monrovia, CA 91016
  • /19

    $2,650 Per Month

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft
    • Apartment for Rent

    520 Linwood Ave Unit D, Monrovia, CA 91016

    Bright, airy and full of character, this delightful 2-bed, 1-bath second-level unit sits in a well-maintained nine-unit building in the picturesque city of Monrovia. Freshly painted interior, central A/C, and abundant natural light create a welcoming, move-in ready home. Enjoy the convenience of on-site community laundry and a dedicated single carport space. Ideal for those seeking comfort,

    Beatriz Kasten COMPASS

    520 Linwood Ave Unit D, Monrovia, CA 91016
  • /18

    Starting at $1,995

    Total Monthly Price

    • 1 - 2 Beds

    714 W Foothill Blvd, Monrovia, CA 91016

    Welcome to Villa Nido, a charming apartment community nestled in the scenic foothills of Monrovia, CA. Located at 714 W Foothill Blvd, this well-maintained property offers a peaceful residential setting with heated pool, community BBQ, chaise lounge chairs, umbrellas, & tables, laundry facility with new washers, & dryers, 1 covered carport with storage unit.We are 5 minutes by driving to

    Villa Nido

    (626) 415-3527

    714 W Foothill Blvd, Monrovia, CA 91016
  • /77

    $5,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Contemporary New home in Monrovia

    613 W Olive Ave, Monrovia, CA 91016

    Welcome to our beautiful and spacious 3 bd/2 bath ADU home in Monrovia! Nestled in a quiet and safe neighborhood, our home offers the perfect retreat for families, friends, or anyone looking to escape the hustle and bustle of city life. Each of our bedrooms are equipped with a cozy bed and ensuring that everyone has their own space to relax and unwind. Other things to note This is a private ADU

    613 W Olive Ave, Monrovia, CA 91016
  • /25

    $5,000 Per Month

    • 2 Beds
    • 1 Bath
    • 908 Sq Ft
    • Charming Bungalow with King Size Bed

    252 E Scenic Dr, Monrovia, CA 91016

    This unique place has a style all its own. The whole group will enjoy easy access to everything from this centrally located place. Welcome to our beautiful and spacious 2 bd/1 bath home in Monrovia! Nestled in a quiet and safe neighborhood, our home offers the perfect retreat for families, friends, or anyone looking to escape the hustle and bustle of city life. *Stove, refrigerator,

    252 E Scenic Dr, Monrovia, CA 91016
  • /35

    $3,595 Per Month

    • 3 Beds
    • 3 Baths
    • 1,390 Sq Ft
    • Condo for Rent

    402 California St Unit B, Arcadia, CA 91006

    *** OPEN HOUSE SATURDAY MAY 30th FROM 12 PM to 2:30 PM ***Step into a stunning 3-bedroom, 3-bathroom condo offering generous space and modern comfort in one of Arcadia’s most desirable neighborhoods. This thoughtfully designed three-story home provides both privacy and flexibility, ideal for comfortable everyday living and entertaining alike. Located in the heart of Arcadia, you’ll enjoy

    (626) 693-3657

    402 California St Unit B, Arcadia, CA 91006
  • /17

    $3,595 Per Month

    • 3 Beds
    • 3 Baths
    • 1,363 Sq Ft
    • Condo for Rent

    530 Fano St Unit E, Monrovia, CA 91016

    Reside in this newer 2019 built condominium with a small private yard. This condo unit features 3 bedrooms, 3.5 baths and its own private 2 car garage with direct access to the home. The spacious master suite boasts a large walk in closet, bathroom with soaking tub and dual sinks. Kitchen features stainless steel appliances, quartz countertops and opens up to the dining room and living room.

    Janet Chan Advanta Properties, Inc

    530 Fano St Unit E, Monrovia, CA 91016
  • /42

    Starting at $1,995

    Total Monthly Price

    • 1 Bed

    718-720 W Foothill Blvd, Monrovia, CA 91016

    Nice quiet apartment with refrigerator, built in gas stove, microwave, garbage disposal, drapes, heated pool, community BBQ, chaise lounge chairs, umbrellas, & tables, laundry facility with new washers, & dryers, 1 covered carport with storage unit. We are 5 minutes by driving to “Old Town Monrovia”, & conveniently located near the 210 freeway.$1000 Security Deposit on Approved

    Foothill Terrace

    (626) 605-6464

    718-720 W Foothill Blvd, Monrovia, CA 91016

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Frequently Asked Questions

How much does it cost to rent a home in Monrovia, CA?
The median rent for a home in Monrovia, CA is $2,575 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Monrovia, CA?
To comfortably afford the median rent in Monrovia, CA, a household needs to earn roughly $103,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,575 per month in Monrovia, CA, renters typically need to show $7,725 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Monrovia, CA?
In Monrovia, CA, the price-to-rent ratio is 32.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Monrovia, CA are best for renting a home?
The best neighborhood for renting in Monrovia, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Mayflower Village, North Azusa, South Azusa, Rosedale and East Pasadena, each with its own character and price range.

Rental Home Trends in Monrovia, CA

Rental Home Trends

Number of Homes for Rent
69
Median Rent
$2,575
Median Single Family Home Rent
$3,340
Median Townhouse Rent
$2,675
Median Condo Rent
$2,800
How to Rent a Home