ZIP Code · CA

ZIP 90640

Part of Montebello, CA

Pop. 61,382·Los Angeles County·424th most expensive ZIP in California

Median rent (all units)

$2,837/mo

Year-over-Year

+4.2%

Month-over-Month

-0.1%

vs US Median

+$905

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 90640 · $2,837

More expensive than 88% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,710

1 BR

$1,920

2 BR

$2,390

3 BR

$3,030

4 BR+

$3,370

Research median

$2,390/mo

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

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 90640 is 0.1% below its high of $2,840 in August 2026, at $2,837 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 90640 changed +4.2% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($79,625) is $1,991 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,920); a 2-bedroom is $2,390.

Cheaper nearby

ZIP 90660, 2 miles away, rents for 19% less ($2,291/mo), about $6,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 90640. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$34,044/yr

At $2,837/mo median

Location

CityMontebello

StateCA

CountyLos Angeles County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.2% YoY, -0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 90640 (Montebello, CA) is roughly split between renters and owners, 23% of residents hold a bachelor's degree or higher.

Population

61,382

Median income

$79,625

Median age

40.1

Renters

53.8%

Age distribution

20.5%

23.3%

26%

18.6%

Under 1820.5%

18–3423.3%

35–5426%

55–6411.5%

65+18.6%

Gender

49.8%

50.2%

Male49.8%

Female50.2%

Race & ethnicity

16.2%

76.3%

14.3%

White16.2%

Black0.7%

Hispanic76.3%

Asian14.3%

Education (25+)

25.2%

26.3%

25.5%

23%

No HS diploma25.2%

HS diploma26.3%

Some college25.5%

Bachelor's+23%

Housing tenure

46.2%

53.8%

Owner46.2%

Renter53.8%

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

2023 vs 2026

How ZIP 90640 in Montebello, CA has changed in 5 years

Rent

$2,448 → $2,837

up 15.9%

Income

$66,460 → $79,625

up 19.8%

Population

62,941 → 61,382

down 2.5%

Renter share

55.6% → 53.8%

-1.8 pts

Bachelor's+

20.2% → 23%

+2.8 pts

Median age

37.4 → 40.1

+2.7 yrs

Five years ago, renters in ZIP 90640 in Montebello, CA paid around $2,448 a month. That figure now sits near $2,837, up 15.9% from the 2023 baseline. On the earnings side, the typical household in ZIP 90640 in Montebello, CA now reports about $79,625, up from $66,460 in 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 90640 in Montebello, CA losing about 1,559 residents over the five-year window, down 2.5% on net. The renter share has eased from 55.6% to 53.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 20.2% to 23% across the same window. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 90640 in Montebello, CA reflects that arc in its own way.

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About renting in ZIP 90640

Last updated: October 17, 2026

ZIP code 90640 covers Montebello, CA. The median rent here is $2,837/mo as of October 2026. A 1-bedroom rents for a median of $1,920/mo. A 2-bedroom rents for a median of $2,390/mo.

At 43% of local median household income ($79,625/yr), ZIP 90640 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 90640?

To keep rent at or below 30% of gross income, you would need to earn at least $113,000/year (about $54/hour full-time) to afford the median rent of $2,837/mo in ZIP 90640. The local median household income is $79,625/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 90640?

Rent in ZIP 90640 has risen 4.2% over the past year as of September 2026. It sits 0.1% below its high of $2,840 in August 2026.

How does ZIP 90640 compare to other ZIPs in California?

ZIP 90640 is in the middle among California ZIP codes for rent, ranking #424 of 898 at $2,837/mo. Over the year to September 2026, rent in ZIP 90640 changed +4.2%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.