Apartments in Luminaria Hills Monterey Park

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13
$3,900
515 Florence Ave Monterey Park, CA
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
1
$2,450
112 N Nicholson Ave Monterey Park, CA
2 BR | Available Now
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Air Conditioning
Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
4
$1,800
505 N Lincoln Ave Monterey Park, CA
1 BR | Available Now
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Luminaria Hills
12
$1,700
352-354 E Newmark Ave Monterey Park, CA
1 BR | Available Now
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Luminaria Hills
20
$4,750
Monterey Park, CA
3 BR | Available Now
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Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
0
$3,650
433 N Alhambra Ave Monterey Park, CA
4 BR | Available Now
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Luminaria Hills
6
$1,750
Alhambra, CA
1 BR | Available Now
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18
$2,395
612 N Chandler Ave Monterey Park, CA
2 BR | Available Now
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Disability Access
5
$2,100
339 Pomelo Ave Monterey Park, CA
1 BR | Available Now
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Disability Access
Downtown Monterey Park
0
$1,925
1810 S 4th St Alhambra, CA
1 BR | Available Now
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12
$2,148
1012 E Newmark Ave Monterey Park, CA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
6
$2,095
1625 S Third St Alhambra, CA
2 BR | Available Now
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Storage
Disability Access
48
$3,850
2517 Pine Valley Dr Alhambra, CA
4 BR | Available Now
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House
Storage
35
$2,670
300 W Norwood Pl Alhambra, CA
2 BR | Available Now
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Dishwasher
Garfield Avenue
0
$3,400
1151 S Isabella Ave Monterey Park, CA
3 BR | Available Now
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El Repetto
2
$1,895
1221 S Atlantic Blvd Alhambra, CA
1 BR | Nov. 20, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
0
$2,295
Monterey Park, CA
1 BR | Available Now
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El Repetto
0
$2,850
Alhambra, CA
2 BR | Available Now
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House
15
$2,195
Alhambra, CA
1 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
0
$4,198
1901 Fernbank Ave Monterey Park, CA
4 BR | Available Now
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Dishwasher
El Repetto
7
$1,695
Alhambra, CA
Studio | Available Now
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Cat Friendly
Air Conditioning
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Disability Access
12
$1,950
Alhambra, CA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Storage
7
$1,800
1529-1531 S Ethel Ave Alhambra, CA
1 BR | Available Now
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Storage
17
$2,495 - 2,550
Alhambra, CA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
12
$2,005 - 2,733
855 West El Repetto Drive Monterey Park, CA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Covered Parking
Balcony/Deck/Patio
12
$1,900
Alhambra, CA
1 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
14
$2,400
1016 Benito Ave Alhambra, CA
2 BR | Available Now
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16
$2,250
Alhambra, CA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$1,900 - 2,395
Alhambra, CA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
21
$2,650
Alhambra, CA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
Garfield Avenue
1 - 30 of 50 Results
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  3. Monterey Park
  4. Luminaria Hills

Monterey Park:
November Rent Report

Welcome to the November 2024 Monterey Park Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Monterey Park rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Monterey Park and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Monterey Park average rent prices in the chart below.

Monthly Rent Report

$2,500
$1,880
$1,250
$630
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Monterey Park Rent Prices Increase From October to November

Monterey Park rent prices increased over the last month. From October to November, the city experienced a 1.28% increase for the price of a one-bedroom apartment. The rent price for a Monterey Park one-bedroom apartments currently stands at $1,973.0.

When we take a look at the two-bedroom comparison from October to November, Monterey Park experienced a 1.6% increase for the price of a two-bedroom apartment. The rent price for a Monterey Park two-bedroom apartments currently stands at $2,407.0.

November Prices: Monterey Park vs. Surrounding Areas

Rent Prices in Monterey Park and Surrounding Areas

Rent prices have increased in Monterey Park over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Monterey Park suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Monterey Park suburbs

  • Rents did not decrease in any of the Monterey Park suburbs.

November 2024 Pricing Trends: Monterey Park vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Monterey Park Rent Prices More Affordable Than Major Cities

Rent growth in Monterey Park over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Monterey Park average rent prices appear to be relatively affordable for local residents.

The price for a Monterey Park one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Monterey Park and surrounding area rent prices, take a look at the complete data set below.

Data set for Monterey Park and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.