Snapshot
Population
59,132
US Census ACS, 2024 / FBI UCR Table 8, 2024
Median home price
$900,000
Redfin, 2026-05
Median rent
$1,888/mo
US Census ACS, 2024
Crime / 1k
23.8
FBI UCR Table 8, 2024
Market
Price / sq ft
$593
Redfin, 2026-05
Months of supply
4
Redfin, 2026-05
Median days on market
43
Redfin, 2026-05
Renter-occupied
48.4%
US Census ACS, 2024
Median household income
$81,855
US Census ACS, 2024
Housing units
22,134
US Census ACS, 2024
Developments
Potrero Grande & Atlas
159 unitsThe Olson Company is replacing a vacant medical office campus in Monterey Park with 159 condominiums, eight reserved for very-low-income buyers — an office-to-residential conversion the city approved before Olson bought the fully entitled site.
Celadon
169 unitsCeladon has sat entitled at Garfield and Garvey in downtown Monterey Park since 2021, unbuilt. The city council just approved a substantially different version: 169 rental apartments in place of 109 for-sale condos, and far less retail.
What you can build here — ADU
Typical SFR: 1 ADU + 1 JADU under Chapter 21.50 (Ord 2261, 2025). Detached max 1,200 sq ft; height 16 ft. State fee exemptions apply. 60-day ministerial clock.
Last verified 2026-08-18. Not legal advice — confirm current requirements with Monterey Park's planning department. See the statewide ADU floor every city sits on top of.