Monrovia, CA Airbnb Market Data, Statistics, and Occupancy Rates

Monrovia Short-Term Rental Market Overview

Monrovia, CA is a small but active short-term rental market tucked into the San Gabriel Valley foothills, with 90 active Airbnb listings generating an average annual revenue of $32,636. The market's ADR of $167 sits well below the California state average of $551, while occupancy at 44% edges just above the 43% state benchmark. High home values averaging $1,267,665 compress the revenue-to-price ratio, making careful deal sourcing essential for investors looking to achieve meaningful cash-on-cash returns here.

Key Market Statistics

According to Rabbu market data, the Monrovia short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Monrovia

Investors are drawn to Monrovia for its stable occupancy above the state average and proximity to greater Los Angeles demand drivers, though elevated property prices demand sharper underwriting.

Expert Market Assessment

"Monrovia presents a competitive opportunity where the underlying demand is reliable but the math requires discipline. With above-average occupancy stability offset by a below-average revenue-to-price ratio, the market rewards investors who can secure properties below the $1.27M average or who target higher-earning 3-bedroom configurations. Seasonality is moderate — July peaks at $3,685 in average monthly revenue while January dips to $2,107 — so hosts should budget for softer winter months while capitalizing on the June-through-August surge."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Monrovia

Average revenue by month in Monrovia

Revenue peaks sharply in July at $3,685 and stays elevated through August ($3,543) before dropping to a low of $2,107 in January — a spread of roughly $1,578 that signals moderate but meaningful seasonality. The spring shoulder months of March through May hover in the mid-$2,600s, offering a decent baseline between the summer highs and winter lows.

Active Airbnb listings by property size in Monrovia

One-bedroom units dominate supply with 43 of the 90 active listings (nearly half), while 2-bedroom properties are the scarcest at just 16 listings. The relative undersupply of 2-bedroom units could represent a niche opportunity for investors, particularly given their solid ADR premium over 1-bedrooms.

Average daily rate (ADR) by property size in Monrovia

ADR scales predictably with size, climbing from $127 for 1-bedroom listings to $187 for 2-bedrooms and $233 for 3-bedrooms. The jump from 1-bedroom to 2-bedroom ADR is roughly 47%, making the step up to a 2-bedroom particularly attractive from a rate perspective.

Average RevPAN by property size in Monrovia

Three-bedroom properties deliver the highest RevPAN at $91, followed by 2-bedrooms at $72 and 1-bedrooms at $58. Despite lower occupancy rates than 1-bedrooms, the larger units' premium nightly rates more than compensate, making them the most efficient revenue generators on a per-available-night basis.

Average occupancy rates by property size in Monrovia

One-bedroom listings lead occupancy at 46%, while both 2- and 3-bedroom properties sit at 39%. The 7-percentage-point gap suggests smaller units fill more consistently, which may appeal to investors prioritizing steady cash flow over higher absolute revenue.

Average monthly revenue by property size in Monrovia

Three-bedroom properties are the top monthly earners at $3,737, nearly 85% more than the $2,022 that 1-bedroom listings generate. Two-bedroom units land in the middle at $2,919, offering a reasonable revenue boost over studios and 1-bedrooms without the added complexity of managing a larger home.

Average annual revenue by property size in Monrovia

At $44,848 per year, 3-bedroom properties deliver the strongest annual revenue — roughly $20,600 more than 1-bedroom listings ($24,264) and nearly $10,000 above 2-bedrooms ($35,036). For investors weighing acquisition cost against income potential, the 3-bedroom tier clearly offers the highest gross return, though underwriting should account for correspondingly higher purchase prices and operating expenses.

Most common amenities for Airbnb listings in Monrovia

Parking leads the amenity list at 98%, followed closely by kitchen (93%) and washer/dryer (89%/83%), signaling that guests in Monrovia expect a fully functional home-away-from-home experience rather than hotel-style stays. Workspace availability at 72% suggests a notable remote-work or business-travel segment, while luxury differentiators like pools (6%) and hot tubs (4%) remain rare — presenting a potential edge for listings that include them.

Understanding Monrovia's ROI Score: 44/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Monrovia's ROI Score of 44 out of 100 places it in the 'Competitive Opportunity' band, reflecting a market where demand fundamentals are sound but elevated property prices squeeze returns. Occupancy stability scores above average, which is encouraging for cash-flow consistency, yet the revenue-to-price ratio and supply/demand balance both land below average — a direct consequence of $1.27M average home values against roughly $32,600 in annual revenue. Pairing this data with thorough local regulatory research and targeting higher-earning property configurations will be essential for investors seeking viable deals in this market.

Short-Term Rental Regulations in Monrovia

Understanding local STR regulations is essential before investing in Monrovia. Here's the current regulatory landscape:

Permit Requirements

The City of Monrovia in California may require hosts to obtain a short-term rental permit or business license before listing a property. Investors should verify current registration and permitting requirements directly with the city's planning or community development department.

Key Restrictions

Common restrictions in California STR markets can include occupancy limits, minimum-night stay requirements, noise and nuisance ordinances, parking mandates, and caps on the number of permits issued. HOA rules may impose additional limitations, so reviewing CC&Rs is important before acquiring a property intended for short-term rental use.

Tax Obligations

Short-term rental operators in California are typically subject to transient occupancy tax (TOT), and in some cases state and local sales taxes. Platforms like Airbnb often collect and remit certain taxes on behalf of hosts, but investors should confirm their full obligations with the City of Monrovia and the state of California.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Monrovia can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Monrovia's STR market is expected to see modest but steady demand, with summer months continuing to drive the revenue cycle. ADR could inch up 1–3% as hosts refine pricing strategies, though occupancy is likely to remain in the low-to-mid 40% range given the current supply-demand dynamics. Listing growth has been essentially flat year-over-year at 97% retention, suggesting the market is near equilibrium rather than rapidly expanding or contracting."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Monrovia, CA

What is the average Airbnb occupancy rate in Monrovia?

The average Airbnb occupancy rate in Monrovia is currently 44%, which is slightly above the California state average of 43%. One-bedroom listings tend to perform best at 46% occupancy, while 2- and 3-bedroom properties average around 39%. Occupancy can fluctuate seasonally, with stronger performance during the summer months.

How much do Airbnb hosts make in Monrovia?

On average, Airbnb hosts in Monrovia earn approximately $2,719 per month or $32,636 per year based on trailing 12-month booking data. Earnings vary significantly by property size — 1-bedroom listings average about $24,264 annually, while 3-bedroom properties bring in closer to $44,848. Individual results depend on pricing strategy, property quality, amenities, and how well a listing is optimized.

Is Monrovia a good market for Airbnb investment?

Monrovia carries a Rabbu ROI Score of 44 out of 100, placing it in the 'Competitive Opportunity' category. The market benefits from above-average occupancy stability and steady demand, but elevated home values (averaging $1,267,665) compress the revenue-to-price ratio. Investors who can acquire properties at favorable prices — particularly 3-bedroom homes that generate the highest returns — may find worthwhile opportunities, but selective deal sourcing is key.

What is the average daily rate (ADR) for Airbnb in Monrovia?

The average daily rate for Airbnb listings in Monrovia is $167, well below the California state average of $551. ADR scales with property size: 1-bedroom listings average $127, 2-bedrooms come in at $187, and 3-bedroom properties command about $233 per night. The lower ADR relative to statewide figures reflects Monrovia's suburban positioning compared to coastal and resort-heavy California markets.

Are short-term rentals legal in Monrovia?

Short-term rentals may be subject to local permitting and regulatory requirements in Monrovia, CA. Regulations can include permit or license requirements, occupancy limits, and tax obligations. Because local STR rules can change, investors should check directly with the City of Monrovia's planning department for the most current requirements before purchasing or listing a property.

When is peak season for Airbnb in Monrovia?

Peak season for Airbnb in Monrovia runs from June through August, with July delivering the highest average monthly revenue at $3,685. Summer months benefit from vacation travel and warmer weather. The slowest month is January at approximately $2,107, representing a roughly 43% drop from the peak, so hosts should plan for moderate seasonality in their financial projections.

How many Airbnbs are there in Monrovia?

There are currently 90 active Airbnb listings in Monrovia as of April 2026. The supply is dominated by 1-bedroom properties (43 listings), followed by 3-bedrooms (24 listings) and 2-bedrooms (16 listings). Year-over-year listing growth sits at 97%, indicating the market is relatively stable in terms of new supply entering.

How is Airbnb revenue calculated in Monrovia?

The annual and monthly revenue figures for Monrovia are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the results up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance data. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Monrovia, CA market
• Average daily rate, occupancy, and RevPAN metrics with state-level comparisons
• Monthly and annual revenue breakdowns by property size based on trailing 12-month booking data
• Amenity prevalence data across active listings to identify guest expectations
• Home value benchmarks from the Zillow Home Value Index (ZHVI)

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts. Local regulations, HOA rules, and tax obligations vary and should be independently verified before making investment decisions.