Monrovia, California.
Typical home $973,541 (+1.9% in a year), asking rent $2,822 (-0.6%). Los Angeles-Long Beach-Anaheim, CA metro.
to buy the typical home at today's mortgage rate — +$2,466 (+93%) since Jan 2020.
- 1 year
- Up $18,013 +2%
- $955,528$973,541 since Sep 2025
- 5 years
- Up $119,103 +14%
- $854,438$973,541 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Monrovia$5,110
- California$3,997
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 27 years.
Typical home values in Monrovia, CA rose 1.9% over the past year — faster than the nation's +1.2%.
Asking rents in Monrovia, CA fell 0.6% over the past year — slower than the nation's +2.7%.
Owning the typical home in Monrovia runs $3,882/mo more than renting one. The gap peaked at $4,211 in Oct 2023.
That is $6,704 a month against $2,822 rent: a $5,110 mortgage payment, plus $552 property tax and $1,042 insurance & upkeep.
Owning vs renting — Monrovia
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$6,704
- Renting$2,822
- Mortgage only$5,110
Property tax · $552/mo 0.68% of value a year — the ACS 2020-2024 median bill over the median home value for Los Angeles County, CA
Insurance & upkeep · $1,042/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Monrovia, Los Angeles County, California
Monrovia is a city of 37,931 people in Los Angeles County. Half its households earn more than $96,021 a year and half less, against $90,112 across Los Angeles County; 10% of its people live below the poverty line. 46% of its homes are lived in by their owners and 54% are rented. Unemployment in Monrovia was 4.6% in August 2026, and Los Angeles County had about as many jobs in 2025 as the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Monrovia is a city in Los Angeles County where household incomes run a little above the county's, and fewer homes are lived in by their owners than renters might expect elsewhere. Many adults hold a four-year degree, and the population is neither especially young nor especially old. Winters are cool and mild by national standards, summers are warm, and there is a fair amount of rain through the year.
Work. Residents work mostly in schools, hospitals and social care, professional and business services, shops, and restaurants, hotels and entertainment. Among the largest workplaces in Monrovia are 3M Company, Monrovia Unified, and Staar Surgical, a medical device maker. The commute is a fairly long one for many people, and a good number of residents work from home.
Things to do. The Huntington Library, Art Museum, and Botanical Gardens is a botanical garden a short drive away. Farther afield, a longer drive brings you to the Norton Simon Museum, a museum, and to Disneyland, an amusement park. Both are well known and make a full day out.
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- 14,181households
- 43%of adults have a degree
- 10%below the poverty line
- 30 mintypical commute
- 18%work from home
What residents work in
Employed residents by industry, from the Census survey. Los Angeles County had 4,525,460 jobs in 2025, about as many as the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 55° and lows near 37°; warmest in August, with highs near 85° and lows near 64°. About 32 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Mount Wilson Cbs weather station, 7 miles away (NOAA).
Largest workplaces in Monrovia
- 3M Company695
- Monrovia UnifiedSchool district536FTE
- Staar Surgical Monrovia - WalkerMedical device ophthalmic manufacturer399
- LacmtaMixed mode transit systems224
- Amada Weld TechLaser welding equipment manufacturing193
- Roncelli PlasticsPlastics working machinery manufacturing144
- Terray TherapeuticsPhysical science research and development laboratories or services123
- Trader Joe's 0112 MonroviaGrocery store115
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 31 workplaces with 20 or more staff, 3,214 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Inland floodingRelatively high
- AvalanchesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Monrovia’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Los Angeles County and the Los Angeles-Long Beach-Anaheim, CA metro.
Monrovia home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Monrovia$973,541
- California$761,538
- United States$366,157
Sellers are cutting prices on about 1 in 3 Monrovia listings, and the typical home goes pending in 33 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Monrovia28.78%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Monrovia33
- United States24
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Monrovia77
New listings per month
Sellers arriving at the market.
- Monrovia25
Zip codes with a Monrovia address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Monrovia — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.