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Monrovia city, CA

ZIP 91016 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 91016

Median Home Value
$874,100
Median Rent
$1,873
Affordability Snapshot
$241,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,615/mo PITI).

23%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

8.8x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

38.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 91016 in Monrovia city, CA, a household would need roughly $241,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,615. That is about 142% above the local median household income ($99,555), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
49.7%-24% vs US avg
x
Vacancy Rate
5.3%-48% vs US avg
x
Broadband Access
91.9%+6% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
14.8%+16% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
26.8%-46% vs US avg
x
Mortgage-Free
33.0%-14% vs US avg
x
$874,100
Home Value
$1,873
Rent
1960
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached61.2%
  • 1-unit attached7.9%
  • 2-9 units14.7%
  • 10+ units14.0%
  • Mobile home & other2.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$874,100
Median rent$1,873
Owner-occupied49.7%
Vacant5.3%
Price-to-income8.8x
Est. income to buy$241,000