System for Monitoring Tire Pressure and Method for Sensing Malfunction Thereof

An embodiment system for monitoring a tire pressure includes a wheel speed sensor mounted on each wheel of a vehicle, a set button for resetting a pressure setting, and a controller configured to determine whether the tire pressure is low using the wheel speed sensor, output a low pressure warning, determine whether a user has an intention to reset the pressure setting when a manipulation of the set button is sensed after the low pressure warning is output, and reset the pressure setting in response to a response of the user.