$2,000
Total Monthly Price
- 1 Bed
- 1 Bath
- 400 Sq Ft
- House for Rent
1012 S Ynez Ave Unit A, Monterey Park, CA 91754
This property is located in a great neighborhood, close to Monterey Park Hospital and East LA College.
Frequently Asked Questions
How much does it cost to rent a single-family home in Monterey Park, CA?
The median rent for a single-family home in Monterey Park, CA is $3,500 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 Monterey Park, CA?
To comfortably afford the median rent in Monterey Park, CA, a household needs to earn roughly $132,000 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 $3,300 per month in Monterey Park, CA, renters typically need to show $9,900 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 Monterey Park, CA?
In Monterey Park, CA, the price-to-rent ratio is 21.5, 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 Monterey Park, CA are best for renting a single-family home?
The best neighborhood for renting in Monterey Park, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include El Sereno, Boyle Heights and Montecito Heights, each with its own character and price range.
