Housing & Real Estate — Monterey Park, California
Overview
| Total Housing Units | 22,081 |
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| Occupied | 20,737 |
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| Vacant | 1,344 |
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| Owner-Occupied | 10,762 |
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| Renter-Occupied | 9,975 |
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| Median Home Value (Census) | $863,000 |
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| Estimated 2026 | ~$978,000 |
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| Median Rent | $1,845/mo |
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| Median Property Tax | $5,957/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | very expensive |
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| Rent as % of Income | 27.0% |
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| Severely Rent-Burdened | 49.9% |
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Housing Age
| Built 2010 or later | 655 |
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| Built 2000-2009 | 1,141 |
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| Built 1990-1999 | 626 |
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| Built before 1960 | 9,957 |
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| Median Year Built | 1962 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
