Foreclosures in Monrovia, CA

Current Market Conditions in Monrovia, CA

The real estate market in Monrovia has been robust as of late, with a continued upward trend in home prices. The demand remains high due to its desirable location near Los Angeles and the quality of life it offers, leading to competitive bidding situations in certain neighborhoods.

The rental market is also strong, with many young professionals and families looking to reside in Monrovia due to its community feel and amenities. As interest rates fluctuate, many buyers are weighing their options, contributing to increased activity in both the buying and renting sectors.

Rent Prices In Monrovia, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monrovia, CA, is on a rollercoaster ride. The average rent price in Monrovia, CA, is $2,270.00. Indeed, when looking to rent in Monrovia, CA, you can expect to pay as little as $1,520.00 or as much as $3,800.00, with the average rent median estimated to be $2,250.00. The good news is that finding an affordable and desirable property to rent in Monrovia, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.