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Land and home values in Monterey Park, CA

Monterey Park is a city in Los Angeles County, California, home to about 59,132 people. Residential land runs about $81.30 per sq ft, the typical home is worth about $926,000, and a 2-bedroom rents for about $2,870 a month, as of October 12, 2026.

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Values in Monterey Park

Land: residential$81.30per sq ft
Land: residential$3.54Mper acre
Land: quarter-acre lot$885,35710,890 sq ft
Home: typical (median)$926,000value
Home: entry-level$830,000lower quartile
Home: upper-end$1.15Mupper quartile
Build new$177per sq ft, no land
Rent: 1-bedroom$2,310per month
Rent: 2-bedroom$2,870per month
Rent: 3-bedroom$3,660per month
Rent: 4-bedroom$4,080per month
Gross yield, 2-bed3.7%a year

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Questions people ask

How much is land worth in Monterey Park, CA?

Residential land in Monterey Park, CA is about $81.30 per square foot, or $3.54M an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $885,357. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Monterey Park, CA?

The typical (median) home in Monterey Park, CA is worth about $926,000, with entry-level homes around $830,000 and upper-end homes around $1.15M, as of October 2026.

How much is rent in Monterey Park, CA?

A 2-bedroom rents for about $2,870 a month in Monterey Park, CA, a 1-bedroom about $2,310 and a 3-bedroom about $3,660 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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