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Monterey Park, CA
Full City Profile · California · Los Angeles County County
2.5
/5.0
C+
Fair
59,639
Population
7,776/sq mi density
$77,605
Median Income
$37,702 per capita
$818,300
Home Value
$919,451 Zillow
$1,845
Median Rent
35.5% income on rent
66°F
Avg Temperature
330 sunny days/yr
209
Violent Crime/100K
2,242 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$77,605 median income, 3.3% unemployment
F
Affordability
1.0 / 5.0
$818,300 home value, $1,845/mo rent
F
Safety
1.0 / 5.0
209 violent crimes/100K
B+
Education
3.8 / 5.0
34.9% bachelor's degree or higher
Housing Overview
Median Home Value
$818,300
190% above
US avg: $281,900
Median Rent
$1,845/mo
59% above
US avg: $1,163/mo
Homeownership Rate
51.9%
21% below US avg (65.4%)
Total Housing Units
21,731
Median year built: 1962
Home Value by Source
Census Median
$818,300
Zillow (ZHVI)
$919,451
Median Sale Price
$870,500
Median List Price
$898,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
51.9%
Owner-Occupied
48.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent:
$1,845/mo
· Zillow rent:
$2,494/mo
Market Indicators (Redfin)
Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
18
Price Drops
12.8%
of listings with price reduction
Price Per Sq Ft
$607
Active Inventory
78
homes for sale
Affordability & Housing Stock
Rent Burden
35.5%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
51.9%
Complete Housing Data
Home Values
| Census Median Value | $818,300 |
| Zillow Home Value (ZHVI) | $919,451 |
| Median Sale Price | $870,500 |
| Median List Price | $898,000 |
| Price Per Sq Ft | $607 |
Rent
| Census Median Rent | $1,845 |
| Zillow Rent (ZORI) | $2,494 |
| FMR Studio | $1,513 |
| FMR 1-Bedroom | $1,647 |
| FMR 2-Bedroom | $2,053 |
| FMR 3-Bedroom | $2,752 |
| FMR 4-Bedroom | $3,165 |
Market
| Days on Market | 39 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 12.8% |
| Homes Sold | 18 |
| Active Inventory | 78 |
| Price Per Sq Ft | $607 |
Ownership & Stock
| Owner-Occupied | 51.9% |
| Renter-Occupied | 48.1% |
| Homeownership Rate | 51.9% |
| Total Housing Units | 21,731 |
| Median Year Built | 1962 |
| Rent Burden | 35.5% |