1 Day Ago
Highlights
Pet Friendly
- Central air conditioning/heating
- New hardwood floors
- Private yard
Location
506 E Olive Ave #506, Monrovia, CA 91016, USA|Monrovia
Tour 506 E Olive Ave #506
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Amenities for 506 E Olive Ave #506, Monrovia
Apartment Amenities
| Air Conditioning | Hardwood Floor |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 506 E Olive Ave #506
Beautiful 2007 built home in a great location of Monrovia, close to Old Town Monrovia, many restaurants and shops nearby. This 2 story home features new hardwood floors, spacious family room & dining area. 3 bedrooms, 2.5 baths. There is a nice sized private yard to be enjoyed. Central air conditioning/heating, burglar alarm system, central AC, laundry hookups, convenient access to 210 freeways, & much more! 2 parking spots (tandem). Tenant to pay electricity. Water, Gas & Trash will be prorated and billed by landlord.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 506 E Olive Ave, Monrovia, CA 91016, USA compares to other nearby properties.
Positives
- Outdoor space
- Easy access to the outdoors
- Pet friendly
- This property allows pets
Address details
| Neighborhood | Monrovia |
|---|---|
| Zip code | 91016 |
| Type | Apartment for rent |
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Rent trends in Monrovia
3-bedroom apartments at 506 E Olive Ave #506 cost about 7% less than the average rent price for 3-bedroom apartments in Monrovia.
Median rents as of Jan 17 2026.
Monrovia
Monrovia
| Month | Median Rent |
|---|---|
| February 2024 | $3,500 |
| March 2024 | $3,630 |
| April 2024 | $4,018 |
| May 2024 | $3,891 |
| June 2024 | $4,080 |
| July 2024 | $4,357 |
| August 2024 | $4,215 |
| September 2024 | $4,062 |
| October 2024 | $3,475 |
| November 2024 | $3,807 |
| December 2024 | $3,587 |
| January 2025 | $3,425 |
| February 2025 | $3,837 |
| March 2025 | $4,368 |
| April 2025 | $4,237 |
| May 2025 | $4,090 |
| June 2025 | $4,345 |
| July 2025 | $4,518 |
| August 2025 | $4,511 |
| September 2025 | $4,178 |
| October 2025 | $4,135 |
| November 2025 | $4,140 |
| December 2025 | $3,982 |
| January 2026 | $4,100 |
| Month | Median Rent |
|---|---|
| February 2024 | $3,500 |
| March 2024 | $3,630 |
| April 2024 | $4,018 |
| May 2024 | $3,891 |
| June 2024 | $4,080 |
| July 2024 | $4,357 |
| August 2024 | $4,215 |
| September 2024 | $4,062 |
| October 2024 | $3,475 |
| November 2024 | $3,807 |
| December 2024 | $3,587 |
| January 2025 | $3,425 |
| February 2025 | $3,837 |
| March 2025 | $4,368 |
| April 2025 | $4,237 |
| May 2025 | $4,090 |
| June 2025 | $4,345 |
| July 2025 | $4,518 |
| August 2025 | $4,511 |
| September 2025 | $4,178 |
| October 2025 | $4,135 |
| November 2025 | $4,140 |
| December 2025 | $3,982 |
| January 2026 | $4,100 |
Affordability calculator
Can I afford to live at 506 E Olive Ave #506?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$156,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $156,000 annually to afford this 3-bedrooms monthly rent price of $3,900.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 2 years ago | $3,550 | 3 bed | 2.5 bath |
Schools near 506 E Olive Ave #506
Wild Rose Elementary School
232 jasmine ave
monrovia, CA, 91016
K-5Public
B
Mountain Park
950 s mountain ave
monrovia, CA, 91016
K-12Public
C+
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Internet available near 506 E Olive Ave #506
Neighborhood
Monrovia | Monrovia, CA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Monrovia near 506 E Olive Ave #506
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 506 E Olive Ave #506, Monrovia
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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Other units at this address
506 E Olive Ave, Monrovia, CA
506 E Olive Ave Monrovia, CA
Occupied
3 Beds, 2.5 Baths
3 Beds
2.5 Baths
$3,550
Hardwood Floor • Air Conditioning • On-Site Laundry • In-Unit Laundry
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Check availability
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