Foreclosure Homes in Monterey Park, CA 91755

Current Market Conditions in Monterey Park, CA

The Monterey Park real estate market has shown steady growth, driven by a surge in demand for affordable housing in close proximity to Los Angeles. The city has seen an influx of buyers looking for homes due to its favorable location and community amenities.

The market remains competitive with a mix of single-family homes, condos, and newer developments catering to both families and young professionals. Home values have appreciated steadily, reflecting the area's desirability.

Rent Prices In Monterey Park, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monterey Park, CA, is on a rollercoaster ride. The average rent price in Monterey Park, CA, is $2,700.00. Indeed, when looking to rent in Monterey Park, CA, you can expect to pay as little as $960.00 or as much as $5,220.00, with the average rent median estimated to be $2,750.00. The good news is that finding an affordable and desirable property to rent in Monterey Park, 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.