Monterey Park, CA · Market Data

Monterey Park, California real estate market data.

Real estate market data for Monterey Park, CA (Los Angeles County) — Census median home value $818,300, county listing prices up about 1.7% over the past year.

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Monterey Park, CA is in Los Angeles County, California — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 59,639, with a median household income of $77,605. Census data puts Monterey Park's median home value at $818,300.

At a glance

Monterey Park market snapshot

Population

59,639

Median Household Income

$77,605

Median Home Value (city)

$818,300

Median Gross Rent

$1,845/mo

Price Trend (YoY)

+1.7%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Monterey Park

What makes Monterey Park different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Monterey Park's median home value — across all owner-occupied homes, not just recent sales — at $818,300.

County Price Trend

Los Angeles County's FHFA house price index shows a 1.7% annual change in 2025.

Population & Income

Monterey Park has an estimated population of 59,639 and a median household income of $77,605, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Monterey Park's Census-reported median home value works out to about 10.5x the area's median household income, and median gross rent runs roughly 29% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Monterey Park FAQ

What are home values like in Monterey Park, CA?

The Census Bureau's American Community Survey puts Monterey Park's median home value at $818,300.

What is the population of Monterey Park, CA?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Monterey Park's population at approximately 59,639.

What's the median rent in Monterey Park, CA?

The Census ACS estimates median gross rent in Monterey Park at approximately $1,845 per month.

What is the median household income in Monterey Park, CA?

Census ACS data puts the median household income in Monterey Park at approximately $77,605.

Is the Monterey Park housing market growing?

Los Angeles County's FHFA house price index shows a 1.7% annual change in 2025.

Is Monterey Park, CA affordable relative to income?

Census ACS data puts Monterey Park's median home value at about 10.5 times the median household income, with median gross rent equal to roughly 29% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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