How much rent can you afford in Monrovia, CA?
Run your salary against Monrovia's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Monrovia
At a median rent of $2,770/mo, Monrovia is moderately stretched when measured against Monrovia median household income of $96,021/yr. Rent would consume roughly 35% of pre-tax income, and a salary of about $110,800 keeps rent at the recommended 30% threshold.
How Monrovia compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Monrovia?
On a $96,021 salary (the Monrovia median household income), the recommended ceiling is 30% of pre-tax income, or about $2,401/mo. Monrovia's median rent is $2,770/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Monrovia?
To keep Monrovia's $2,770/mo median rent under 30% of income, you'd need about $110,800/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Monrovia affordable on the median California income?
Monrovia is moderately stretched on a $96,021 income. Rent would take 35% of pre-tax pay, outside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".