Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Monrovia, CA Rental Market Trends
What is the average rent in Monrovia?
The average rent for an apartment in Monrovia is $2,188, a 3% decrease compared to the previous year, when the average rent was $2,253.
Average Rent in Monrovia, CA
Last updated June 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,188 | -3% | 791 sq. ft. |
What is the average apartment size in Monrovia?
The average size for a Monrovia, CA apartment is 791 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Monrovia, CA Apartment Rent Ranges
- $1,501-$2,00045%
- > $2,00055%
Monrovia, CA Occupied Housing Units
- Renter-occupied Households32%
- Owner-occupied Households67%
4,165 or 32% of the households in Monrovia, CA are renter-occupied while 8,763 or 67% are owner-occupied.
Monrovia, CA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jun / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Monrovia, CA | $2,168 | $2,127 | $2,221 | $2,371 | $2,295 | $2,196 | $2,253 | $2,108 | $2,150 | $2,188 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 |
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How Monrovia Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Los Angeles | $2,376 | -3% |
| San Francisco | $2,913 | -16% |
| East Bay | $2,273 | -4% |
| San Diego | $2,267 | 4% |
| Oakland | $2,708 | -6% |
| Long Beach | $2,170 | 3% |
| Santa Monica | $3,506 | -11% |
| West Hollywood | $2,513 | -8% |
| Anaheim | $1,906 | 2% |
| Glendale | $2,457 | -2% |
| Monrovia | $2,188 | -3% |
Most Popular Apartments in Monrovia
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Monrovia apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.