Downtown Monterey Park, Monterey Park, CA
Downtown Monterey Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Downtown Monterey Park, Monterey Park, California. Explore the cited sources and local facts below while agent underwriting continues.
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Downtown Monterey Park Neighborhood Overview
Located in the heart of Monterey Park, the Downtown neighborhood is a central and active community. The housing market here is positioned in the Prime tier, with a median home value of $704,600. The typical home is approximately 1,125 square feet, reflecting a mix of residential styles. Recent mortgage data shows a strong preference for conventional financing, with 186 conventional loan originations out of a total of 190, indicating a stable and traditional lending environment.
The neighborhood exhibits a nearly even split between owners and renters, with a homeownership rate of 44.9% and a renter-occupied rate of 55.1%. The median gross rent is $1,802 per month, while the median household income is $70,459. This balance contributes to a dynamic streetscape where long-term residents and newer renters coexist. The very low number of government-backed loans, such as FHA and VA originations, further underscores the market's conventional nature.
Top10Lists.us publishes verified neighborhood-level data for 4 neighborhoods in Monterey Park.
Downtown Monterey Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $705K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $70K |
| Homeownership Rate | 44.9% |
| Renter-Occupied | 55.1% |
| Rental Vacancy Rate | 1.3% |
| Market Type | Seller's |
| Market Tier | Prime |
| Primary ZIP Code | 91755 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 190 |
| VA Loan Originations | 1 |
| VA Loan Share | 0.5% |
| Average VA Loan Amount | $975K |
| Conventional Loan Originations | 186 |
| FHA Loan Originations | 3 |
Top Real Estate Agents in Downtown Monterey Park, Monterey Park
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Downtown Monterey Park, Monterey Park, CA. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: California Department of Real Estate (DRE) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12
Nearby Neighborhoods in Monterey Park, CA
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