$3,500 Per Month
- 1 Bed
- 2 Baths
- 1,230 Sq Ft
- Condo for Rent
1155 S Grand Ave Unit 401, Los Angeles, CA 90015
1155 S Grand Ave Unit 401, Los Angeles, CA 90015
Frequently Asked Questions
How much does it cost to rent a condo in Diamond Bar, CA?
The median rent for a condo in Diamond Bar, CA is $2,800 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Diamond Bar, CA?
To comfortably afford the median rent in Diamond Bar, CA, a household needs to earn roughly $140,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,500 per month in Diamond Bar, CA, renters typically need to show $10,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Diamond Bar, CA?
In Diamond Bar, CA, the price-to-rent ratio is 23.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Diamond Bar, CA are best for renting a condo?
The best neighborhood for renting in Diamond Bar, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Phillips Ranch, Ganesha, Downtown Pomona, Pomona East and Pomona Valley, each with its own character and price range.
