Monterey Park, California is a part of the E LA/Alhambra/Montebello/Pico Rivera Submarket submarket area, and contains 3 zip codes: 91754, 91755, and 91756.
The 2019 average effective rent for Class A, B, and C apartments in the Monterey Park, CA submarket area was $1,579, which is 33.36% lower than 2014 average rent. This represents a compounded annual growth rate of 5.93%. 2019 vacancy in Monterey Park, CA was 2.80%.
The total population of the city of Monterey Park, CA has grown 0.22% since 2010. As of 2018, the population was 60,401. The median household income of the Monterey Park was $57,265, which is 5.02% lower than the national average.