Monterey Park, California is a vibrant and diverse city located just east of Los Angeles. The city has become increasingly popular in recent years as its affordability and strong economy make it an ideal place to live for many individuals and families. With its diverse population, excellent schools, and vibrant cultural environment, Monterey Park is an ideal place for renters to call home.
Monterey Park is divided into seven distinct neighborhoods, each with its own unique characteristics. The city’s most desirable neighborhoods are Alhambra, Atlantic Square, and Garvey Avenue; these areas are known for their excellent schools, safe streets, and convenient access to public transportation. Additionally, they are often considered to be the most “upscale” areas in the city.
When it comes to rental prices in Monterey Park, the average cost of a one-bedroom apartment is approximately $1,450 per month. Two-bedroom apartments are slightly more expensive, with an average monthly rent of $1,700. Meanwhile, three-bedroom apartments tend to be more expensive, as the average rent for a three-bedroom unit is approximately $2,000 per month.
Monterey Park also has excellent schools in the area, which are highly rated by the California
The average rental prices for apartments, townhouses, condos, lofts, and single family homes in Monterey Park, CA are as follows:
Apartments: $1,717
Townhouses: $2,423
Condos: $2,187
Lofts: $2,095
Single Family Homes: $2,843
Rental prices in Monterey Park, CA have increased steadily over the last 5 years. According to RentCafe, the median rent for a one-bedroom apartment in Monterey Park was around $1,600 in 2015, and had risen to an estimated $1,800 as of 2020. This is an increase of roughly 12.5% over the last five years.
The median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Monterey Park, CA are, respectively, $1,695, $2,200, and $2,700.
Overall, school districts in Monterey Park, CA compare favorably to the rest of the United States. Monterey Park has a higher graduation rate than the national average, with over 94% of students graduating from high school. The city also has higher scores on standardized tests such as the SAT and ACT than the rest of the nation. Additionally, Monterey Park outperforms the national average on student achievement in both English Language Arts and Math. Finally, the district also boasts a higher than average student-teacher ratio and more diverse classrooms than other districts across the country.
1. Atlantic Times Square
2. Garvey Ranch Park
3. Monterey Highlands
4. Monterey Park Village
5. Mark Keppel High School
1. Garfield Heights
2. South Monterey Park
3. Alhambra Hills
4. Lincoln Estates
5. Valle Vista Estates