Average Rent in Monrovia, CA

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Current Versus Historical Monrovia, CA Rents

Monrovia rentals average $1,895 for a studio rental to $5,200 for a 4-bedroom rental. The median price of all currently available listings is $2,800, or roughly $36 per square feet.

For the apartment units and housing in August 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $35 (1.88%) year-over-year from $1,860 to $1,895. 1-bedroom rentals prices have decreased by $103 (-4.74%) year-over-year from $2,178 to $2,075. 2-bedroom rentals prices have increased by $87 (3.19%) year-over-year from $2,713 to $2,800. 3-bedroom rentals prices have decreased by $200 (-5.26%) year-over-year from $3,800 to $3,600. 4-bedroom rentals prices have increased by $658 (16.92%) year-over-year from $3,892 to $4,550. 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 up by 1.02% this month. 1-bedroom rents have gone down by 7.95% this month. 2-bedroom rents have gone up by 2.56% this month. 3-bedroom rents have gone up by 0.56% this month. 4-bedroom rents have gone down by 30.18% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$45.29	$1,895	$1,860 (1.88%)	$2,150 (-11.86%)
1 BR	$39.00	$2,075	$2,178 (-4.74%)	$1,922 (7.98%)
2 BR	$36.74	$2,800	$2,713 (3.19%)	$2,363 (18.48%)
3 BR	$33.40	$3,600	$3,800 (-5.26%)	$3,390 (6.19%)
4+ BR	$31.62	$4,550	$3,892 (16.92%)	$4,739 (-3.98%)

Historical Rents in Monrovia, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Monrovia

There are a total of 5 cities nearby Monrovia. The average rent in Monrovia is currently $3,300 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Alhambra, CA, with an average rent of $2,780, is the most affordable city nearby. In contrast, the most expensive city near Monrovia, CA is Arcadia, CA. Monthly rents here are on average $4,000 per month.

Let's compare Monrovia, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Monrovia, CA is 10.29% more expensive than other cities nearby. One bedrooms are about 2.41% more expensive. Two bedrooms in Monrovia, CA are about 0.90% more affordable. Finally, rent for three bedrooms are about 10.56% more affordable. Want more information? Check out the top 5 cities near Monrovia, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Alhambra, CA	$1,650	$1,850	$2,600	$2,780
Monrovia, CA	$1,895	$2,075	$2,775	$2,800
Pasadena, CA	$1,700	$2,509	$3,300	$3,300
Temple City, CA	$1,600	$1,800	$2,800	$3,450
Arcadia, CA	$2,750	$2,025	$2,800	$4,000

Top Neighborhoods Near Monrovia

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Monrovia

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Monrovia

There are a total of 4 zipcodes in or near Monrovia, CA. The average rent for all of these zipcodes is $3,150.

Studios in these zipcodes have an average rent of $1,733. That's at least $53 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Monrovia, CA is $2,290 per month. Or in other words, $40 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,887 per month. Which comes out to $37 per sqft. The following table includes the top 4 zipcodes in Monrovia, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
91016, Monrovia, CA	$1,795	$2,075	$2,775	$2,825
91107, Pasadena, CA	$1,670	$2,605	$3,000	$3,988
91101, Pasadena, CA	$1,923	$2,505	$3,500	$3,300
91801, Alhambra, CA	$1,595	$1,875	$2,690	$3,000

Frequently Asked Questions - Monrovia Average Rents

What is the average rent price in Monrovia, CA?

The average monthly rental price for Monrovia, CA apartments for rent is approximately $2,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Monrovia, CA.

How much is a studio apartment in Monrovia, CA?

The average monthly rental price for studio apartments is $1,895 and an average price per square feet of $45.29. There are a total of 2 studio apartment listings currently available for rent in Monrovia.

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

The average monthly rental price for one bedroom apartments is $2,075 and an average price per square feet of $39.00. There are a total of 13 one bedroom apartment listings currently available for rent in Monrovia.

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

The average monthly rental price for two bedroom apartments is $2,775 and an average price per square feet of $36.74. There are a total of 22 two bedroom apartment listings currently available for rent in Monrovia.

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

Rent prices for rentals in Monrovia, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.03%, three bedroom rental prices have changed by -0.05% year-over-year.

What is a reasonable rent price in Monrovia, CA?

A reasonable rent price in Monrovia, CA is around $2,240/month. You can search for these reasonably priced rental listings on RentHop.