El Monte, CA—91732
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in El Monte, CA
Home Price Trends — El Monte, CA
As of Oct '25, the median home price in El Monte, CA is $749,000, with a year-over-year change of 0.5%. This indicates that home prices in El Monte, CA are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $749,000 | 0.5% |
| Single Family | $766,000 | 0.0% |
| Condos | $571,000 | -1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $494,000 | 0.0% |
2 Bed | $667,000 | 1.1% |
3 Bed | $731,000 | 0.0% |
4 Bed | $840,000 | -0.5% |
| 5 Bed | $1,000,000 | -0.3% |
% of Housing Stock
Rental Trends — El Monte, CA
As of July '25, Rentcast reports the average rent in El Monte, CA is $2,520, with a year-over-year rent change of -3.1%. Per bedroom, the median rent as of July '25 in El Monte, CA is 1-bedrooms: $1,970, 2-bedrooms: $2,480, 3-bedrooms: $3,190, 4-bedrooms: $3,850. The most common rental property sizes in El Monte, CA are 2-bedroom and 3-bedroom, accounting for 47.9% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,750 | $1,970 |
| 2 Bed Rent | $2,400 | $2,480 |
| 3 Bed Rent | $3,050 | $3,190 |
| 4 Bed Rent | $3,600 | $3,850 |
% of Rental Stock
Property Listings — El Monte, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in El Monte, CA is 57. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $764,000 | -7.0% |
Listing Count | 48 | 25.0% |
| Listings as % of Homes | 0.2% | 25.0% |
Days on Market | 57 | 10.0% |
Demographics — El Monte, CA
As of the latest ACS Survey released in 2023, El Monte, CA has a population of 58,100, which has decreased by -8.7% over the past 5 years. El Monte, CA is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 15.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 58,100 | -8.7% |
% Under 18 | 22.3% | -4.7% |
% Seniors | 15.2% | 31.0% |
% WFH | 4.8% | 23.1% |
% w/ College Degree | 15.3% | 18.6% |
As of the latest ACS Survey released in 2023, El Monte, CA is a predominantly hispanic area, with 65.1% of the population identifying as hispanic. The hispanic population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in El Monte, CA is asian, making up 29.2% of the population. Foreign-born residents account for 48.9% of the population in El Monte, CA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 3.2% | -27.3% |
% Black | 0.8% | 33.3% |
% Hispanic | 65.1% | -0.2% |
% Asian | 29.2% | 0.3% |
% Foreign Born | 48.9% | 0.0% |
Mortgage and Risk — El Monte, CA
According to HUD data as of 2023, there were 178 mortgage originations in El Monte, CA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in El Monte, CA. Investor activity is low, as 7.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 178 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 7.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — El Monte, CA
As of 2024, the percent of homes in El Monte, CA under the Section 8 program is 5.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in El Monte, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 563 |
Total Units Section 8 | 493 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | 88.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,750 | $1,810 |
| 2 Bedroom | -$110 | $2,400 | $2,290 |
| 3 Bedroom | -$110 | $3,050 | $2,940 |
| 4 Bedroom | -$360 | $3,600 | $3,240 |
Affordability — El Monte, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.4 |
| Median Home Price | $749,000 |
| Median Household Income | $67,200 |