Average Rent in 91016, Monrovia, CA

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Current Versus Historical 91016, Monrovia, CA Rents

91016 rentals average $1,773 for a studio rental to $4,150 for a 4-bedroom rental. The median price of all currently available listings is $2,700, or roughly $37 per square feet.

For the apartment units and housing in June 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $115 (6.85%) year-over-year from $1,680 to $1,795. 1-bedroom rentals prices have decreased by $83 (-4.08%) year-over-year from $2,020 to $1,938. 2-bedroom rentals prices have decreased by $222 (-7.59%) year-over-year from $2,922 to $2,700. 3-bedroom rentals prices have decreased by $86 (-2.30%) year-over-year from $3,733 to $3,648. 4-bedroom rentals prices have increased by $1,667 (38.46%) year-over-year from $4,333 to $6,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 1.55% this month. 1-bedroom rents have gone down by 9.43% this month. 2-bedroom rents have gone down by 0.80% this month. 3-bedroom rents have gone up by 6.26% this month. 4-bedroom rents have gone up by 27.21% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$48.99	$1,795	$1,680 (6.85%)	$3,565 (-49.65%)
1 BR	$40.58	$1,938	$2,020 (-4.08%)	$1,811 (6.99%)
2 BR	$36.15	$2,700	$2,922 (-7.59%)	$2,454 (10.02%)
3 BR	$35.99	$3,648	$3,733 (-2.30%)	$3,567 (2.27%)
4+ BR	$26.99	$6,000	$4,333 (38.46%)	$4,339 (38.30%)

Historical Rents in 91016, Monrovia, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 91016

There are a total of 4 cities nearby 91016. The average rent in 91016 is currently $3,075 per month. Only one city nearby has an average rent lower than that. Our records show that Monrovia, CA, with an average rent of $2,700, is the most affordable city nearby. In contrast, the most expensive city near 91016, Monrovia, CA is Arcadia, CA. Monthly rents here are on average $3,625 per month.

Let's compare 91016, Monrovia, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 91016, Monrovia, CA is 1.41% more affordable than other cities nearby. One bedrooms are about 1.52% more affordable. Two bedrooms in 91016, Monrovia, CA are about 7.41% more affordable. Finally, rent for three bedrooms are about 4.18% more affordable. Want more information? Check out the top 4 cities near 91016, Monrovia, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Monrovia, CA	$1,795	$1,935	$2,700	$2,700
Alhambra, CA	$1,600	$1,940	$2,625	$2,850
Pasadena, CA	$2,150	$2,383	$3,400	$3,300
Arcadia, CA	$1,800	$2,075	$3,100	$3,625

Top Neighborhoods Near 91016

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 91016

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 91016

There are a total of 3 zipcodes in or near 91016, Monrovia, CA. The average rent for all of these zipcodes is $3,000.

Studios in these zipcodes have an average rent of $1,645. That's at least $51 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 91016, Monrovia, CA is $2,316 per month. Or in other words, $44 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,300 per month. Which comes out to $34 per sqft. The following table includes the top 3 zipcodes in 91016, Monrovia, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
91801, Alhambra, CA	$1,600	$1,995	$2,625	$3,000
91107, Pasadena, CA	$1,645	$2,650	$3,300	$3,395
91101, Pasadena, CA	$2,016	$2,316	$3,675	$2,935

Frequently Asked Questions - 91016 Average Rents

What is the average rent price in 91016, Monrovia, CA?

The average monthly rental price for 91016, Monrovia, CA apartments for rent is approximately $2,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 91016, Monrovia, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 91016, Monrovia, CA.

How much is a studio apartment in 91016, Monrovia, CA?

The average monthly rental price for studio apartments is $1,773 and an average price per square feet of $48.99. There are a total of 2 studio apartment listings currently available for rent in 91016.

How much is a one bedroom apartment in 91016, Monrovia, CA?

The average monthly rental price for one bedroom apartments is $1,978 and an average price per square feet of $40.58. There are a total of 14 one bedroom apartment listings currently available for rent in 91016.

How much is a two bedroom apartment in 91016, Monrovia, CA?

The average monthly rental price for two bedroom apartments is $2,700 and an average price per square feet of $36.15. There are a total of 25 two bedroom apartment listings currently available for rent in 91016.

How have rent prices in 91016, Monrovia, CA changed this year?

Rent prices for rentals in 91016, Monrovia, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.07%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by -0.08%, three bedroom rental prices have changed by -0.02% year-over-year.

What is a reasonable rent price in 91016, Monrovia, CA?

A reasonable rent price in 91016, Monrovia, CA is around $2,160/month. You can search for these reasonably priced rental listings on RentHop.