Updated 1 Day Ago
Location
406 S 5th Ave, Monrovia, CA 91016, USA|Monrovia
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Property Overview
406 S 5th Ave offers a balanced mix of practical appeal and standout features, with Zumper’s expert rating pointing to overall strong value and livability. Its notable features and pros suggest a well-rounded property that may appeal to a range of renters looking for a solid option in a convenient setting.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- High school nearby
Floor plans
| 406 S 5th Ave - Unit... | Studio | 1 bath | $2,600 /mo |
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Policies and fees
Applicants
Application Fee
Per-applicant. Agent application fee.
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REQUIRED FEES
Security Deposit
One-time.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
About 406 S 5th Ave
406 S 5th Ave cost $2,600 per month. Located at 406 S 5th Ave, Monrovia, CA 91016, USA, 406 S 5th Ave has studio bedroom units available. Based on the average rent price of studio in Monrovia, renting an apartment at 406 S 5th Ave is 49% more expensive per month.Other apartment buildings in or around Monrovia include but are not limited to: 267 S Oak Knoll Ave, 20700 San Jose Hills Rd, 3360 E Foothill Blvd, 280 E Del Mar Blvd
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.4
/10
Very Good406 S 5th Ave is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·7A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
While the monthly rent is more than the median price per bedroom of nearby properties, 406 S 5th Ave has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 406 S 5th Ave is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
406 S 5th Ave is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 406 S 5th Ave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
406 S 5th Ave provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 406 S 5th Ave compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 miles away
- High school nearby
- There is a high school 0.2 miles away
Considerations
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Monrovia
studio apartments at 406 S 5th Ave cost about 35% more than the average rent price for studio apartments in Monrovia.
Median rents as of Aug 8 2026.
Monrovia
Monrovia
| Month | Median Rent |
|---|---|
| November 2024 | $1,750 |
| July 2025 | $1,992 |
| August 2025 | $1,896 |
| September 2025 | $2,010 |
| October 2025 | $2,171 |
| November 2025 | $2,160 |
| December 2025 | $1,915 |
| January 2026 | $1,889 |
| February 2026 | $1,925 |
| March 2026 | $1,969 |
| April 2026 | $1,918 |
| May 2026 | $1,885 |
| June 2026 | $1,823 |
| July 2026 | $1,761 |
| August 2026 | $1,749 |
| Month | Median Rent |
|---|---|
| December 2025 | $1,831 |
| January 2026 | $1,883 |
| March 2026 | $1,969 |
| April 2026 | $1,925 |
Affordability calculator
Can I afford to live at 406 S 5th Ave?
Bedrooms
StudioRent-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
$104,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $104,000 annually to afford this studio monthly rent price of $2,600.
For more information on rent affordability, visit our rent calculator.
Schools near 406 S 5th Ave
Mountain Park
950 s mountain ave
monrovia, CA, 91016
K-12Public
C+
Plymouth Elementary School
1300 boley st
monrovia, CA, 91016
K-5Public
A-
Duff Language Magnet Academy
7830 dorothy ave
rosemead, CA, 91770
K-6Public
B+
Garvey School District Head Start - State Preschool
795 pepper st
monterey park, CA, 91755
PKPublic
Covina-Valley Learning Options Academy
758 w grondahl st
covina, CA, 91722
K-12Public
Neighborhood
Monrovia | Monrovia, CA
Getting around Monrovia near 406 S 5th Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 406 S 5th Ave, Monrovia
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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