How much does it cost to rent in Monrovia, CA?

As of July 2026, the median monthly rent in Monrovia, CA is $2,872. This figure is based on aggregated data from public sources and community-submitted rents.

Is Monrovia cheaper than other California cities?

Monrovia falls in the middle range for California, ranking #175 out of 387 cities at $2,872/mo.

When was Monrovia rent data last updated?

Monrovia rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · CA

Monrovia

Name: Average Rent Prices in Monrovia, CA
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 37,571·175th most expensive in California·One of the pricier rental markets in the US

Median rent (all units)

$2,872/mo

Year-over-Year

-1.5%

Month-over-Month

-2.5%

vs US Median

+$907

Falling (Monthly)

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Most AffordableMost Expensive

Monrovia · $2,872

More expensive than 88% of US cities · National median $1,965/mo

Rent Reality Score

63/100

Good value

OverheatedFairGreat value

Rents are 7% below what Monrovia's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,872/mo

Expected by trend

$3,075/mo

The Rent Reality Score compares today's median rent to where Monrovia's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,870

1 BR

$2,090

2 BR

$2,640

3 BR

$3,350

4 BR+

$3,720

Research median

$2,640/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$34,464/yr

At $2,872/mo median

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 1.5% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (-1.5% YoY, -2.5% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Monrovia, CA is roughly split between renters and owners, has a median income above the national average, 42.7% of residents hold a bachelor's degree or higher.

Population

37,571

Median income

$96,021

Median age

38.3

Renters

53.7%

Age distribution

21.7%

22.4%

27.1%

14.1%

14.7%

Under 1821.7%

18–3422.4%

35–5427.1%

55–6414.1%

65+14.7%

Gender

49.2%

50.8%

Male49.2%

Female50.8%

Race & ethnicity

35.4%

45.2%

15.8%

White35.4%

Black5.7%

Hispanic45.2%

Asian15.8%

Education (25+)

18.8%

27.4%

42.7%

No HS diploma11.2%

HS diploma18.8%

Some college27.4%

Bachelor's+42.7%

Housing tenure

46.3%

53.7%

Owner46.3%

Renter53.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Monrovia, CA has changed in 5 years

Rent

$2,160 → $2,872

up 33.0%

Income

$87,077 → $96,021

up 10.3%

Population

37,999 → 37,571

down 1.1%

Renter share

51.4% → 53.7%

+2.3 pts

Bachelor's+

42.7% → 42.7%

+0.0 pts

Median age

39.1 → 38.3

-0.8 yrs

Across the past five years, the going rent in Monrovia, CA has shifted from $2,160 to $2,872, up 33.0% since 2021. Local incomes tracked alongside that move, going from a median of $87,077 in 2021 to $96,021 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Monrovia, CA losing about 428 residents over the five-year window, down 1.1% on net. The renter share has risen from 51.4% to 53.7%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Monrovia, CA market of 2021.

Community

Discussions about Monrovia

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View Monrovia rent history (2015–2026) →

Salary vs rent

Can you afford rent in Monrovia on your salary?

At $2,872/mo, how Monrovia rent compares to typical pay (30% rule).

Registered Nurse

Avg $111,486/yr · Rent = 30.9% income

stretched

Elementary School Teacher

Avg $79,154/yr · Rent = 43.5% income

rent-burdened

Police Officer

Avg $91,179/yr · Rent = 37.8% income

stretched

Software Developer

Avg $162,970/yr · Rent = 21.1% income

affordable

Lawyer

Avg $208,235/yr · Rent = 16.6% income

very comfortable

Firefighter

Avg $74,116/yr · Rent = 46.5% income

rent-burdened

Truck Driver

Avg $66,918/yr · Rent = 51.5% income

severely rent-burdened

Electrician

Avg $82,482/yr · Rent = 41.8% income

rent-burdened

By apartment size

Monrovia rent by bedroom count

Median rent for each apartment size in Monrovia. Click any size for full breakdown.

Local insights

Tips for renters in Monrovia

About renting in Monrovia, CA

Last updated: July 20, 2026

The median rent in Monrovia is $2,872/mo as of July 2026. A studio apartment averages $1,870/mo while a 2-bedroom runs $2,640/mo. One-bedroom apartments average $2,090/mo and 3-bedroom units go for $3,350/mo.

At 36% of local median household income ($96,021/yr), Monrovia ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.5% over the past year.

FAQ

Frequently asked questions

Is Monrovia an affordable city for renters?

Monrovia is considered moderate for renters. At $2,872/mo, rent takes approximately 36% of the local median household income ($96,021/yr). The standard benchmark is 30%. Monrovia slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Monrovia?

To keep rent at or below 30% of gross income, you would need to earn at least $115,000/year (~$55/hour full-time) to afford the median rent of $2,872/mo in Monrovia. The local median household income is $96,021/yr, meaning the typical Monrovia household falls short of that threshold.

Is rent going up or down in Monrovia?

Rent in Monrovia has decreased 1.5% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Monrovia rent compare to other cities in California?

Monrovia is middle-of-the-pack for California for rent, ranking #175 out of 387 tracked cities at $2,872/mo.

Which nearby cities are cheaper to rent in than Monrovia?

Several nearby cities have lower median rents than Monrovia ($2,872/mo): Baldwin Park ($2,598/mo), Duarte ($2,758/mo).

What percentage of Monrovia residents rent vs. own?

According to Census data, approximately 53.7% of Monrovia households are renters, while 46.3% are owner-occupied. With a majority renter population, Monrovia has a strong rental market.

How does Monrovia rent compare to the national average?

Monrovia's median rent of $2,872/mo is $907 (46%) above the US national median of $1,965/mo. Within California, it ranks #175 out of 387 tracked cities.

Income Affordability

36%

MODERATE

At $2,872/mo, rent takes ~36% of Monrovia's median household income ($96,021/yr). The standard benchmark is 30%.

Monrovia 36%Benchmark 30%

State income tax1–13.3%

Run the Monrovia affordability calculator →

Nearby cities