La Monte renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in La Monte is about $715 per month. This puts it in the 51st percentile compared to the state average cost of rent, which is $952. Households in La Monte have a median income of $4,787 per month so the average renter in La Monte is spending roughly 15% of their earnings on housing.
Nationally, and in La Monte, home values are the data point most closely correlated with the cost of rent. The median price of a home in La Monte is $127,906 right now, which is lower than nearby cities, meaning that rents in La Monte also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of La Monte while lower rent rates are often available in southern areas.
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