Cheapest Neighborhoods in Pasadena, CA
Some of the cheapest neighborhoods in Pasadena are Grant Park, The Oaks Pasadena, and South Lake. These neighborhoods offer some of the lowest rent prices in Pasadena, making them ideal for renters on a budget. As of August 6, 2026, the average rent in Pasadena is $2,372, which is 1% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Grant Park
Average Rent
$2,404/Month
Units Available
32 Rentals
When you’re looking for a great Pasadena neighborhood on a budget, check out Grant Park. The average rent is $2,404, compared to the city average of $2,372. Grant Park is convenient to Fillmore Station, 1431-1449 Colorado Blvd, and Los Angeles International.
The Oaks Pasadena
Average Rent
$2,509/Month
Year-Over-Year Rent Change
0.1%
Units Available
19 Rentals
The Oaks Pasadena is an affordable neighborhood in Pasadena with an average rent price of $2,509. Compare this to the city average of $2,372. In the past year, rent prices have increased by 0.1%. The Oaks Pasadena provides easy access to Los Angeles County Arboretum, Fillmore Station, and Pasadena City College.
South Lake
Average Rent
$2,582/Month
Year-Over-Year Rent Change
1.6%
Units Available
35 Rentals
If you’re looking for a great, affordable neighborhood in Pasadena, South Lake might be the perfect place! It has an average rent price of $2,582, while the city’s average stands at $2,372. In the last year, prices have increased by 1.6%. South Lake is near Memorial Park Station, Eaton Canyon Nature Center, and Del Mar Station.
California Village
Average Rent
$2,807/Month
Year-Over-Year Rent Change
0.8%
Units Available
19 Rentals
California Village is a top choice for budget-conscious renters for a variety of reasons. The average rent in California Village is $2,807 while the city average is $2,372. This is a 0.8% difference from last year. Residents enjoy convenient access to Chilao Visitor Center, Bob Hope, and Art Center College of Design.
Lamanda Park
Average Rent
$2,814/Month
Year-Over-Year Rent Change
2.5%
Units Available
41 Rentals
When you’re looking for a great Pasadena neighborhood on a budget, check out Lamanda Park. The average rent is $2,814, compared to the city average of $2,372. Rent prices have increased by 2.5%. Lamanda Park is convenient to 7-11 Retail Center, Chilao Visitor Center, and 2636-2660 E Colorado Blvd.
Madison Heights
Average Rent
$2,828/Month
Year-Over-Year Rent Change
0.3%
Units Available
20 Rentals
Madison Heights is an affordable neighborhood in Pasadena with an average rent price of $2,828. Compare this to the city average of $2,372. In the past year, rent prices have increased by 0.3%. Madison Heights provides easy access to Jet Propulsion Laboratory, Del Mar Station, and Bob Hope.
Marceline
Average Rent
$2,856/Month
Year-Over-Year Rent Change
0.9%
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Pasadena, Marceline might be the perfect place! It has an average rent price of $2,856, while the city’s average stands at $2,372. In the last year, prices have increased by 0.9%. Marceline is near Kidspace Children's Museum, Huntington Botanical Gardens, and Del Mar Station.
Hastings Ranch
Average Rent
$2,863/Month
Year-Over-Year Rent Change
4%
Units Available
19 Rentals
Hastings Ranch is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hastings Ranch is $2,863 while the city average is $2,372. This is a -4% difference from last year. Residents enjoy convenient access to Lake Avenue Station, Fuller Theological Seminary, and Art Center College of Design.
Raymond Hill
Average Rent
$2,910/Month
Year-Over-Year Rent Change
0.8%
Units Available
35 Rentals
When you’re looking for a great Pasadena neighborhood on a budget, check out Raymond Hill. The average rent is $2,910, compared to the city average of $2,372. Rent prices have increased by 0.8%. Raymond Hill is convenient to Los Angeles International, California Fair Oaks, and South Pasadena.
Olive Heights
Average Rent
$2,925/Month
Year-Over-Year Rent Change
0.3%
Units Available
30 Rentals
Olive Heights is an affordable neighborhood in Pasadena with an average rent price of $2,925. Compare this to the city average of $2,372. In the past year, rent prices have increased by 0.3%. Olive Heights provides easy access to Fillmore Station, 919 N Lake Ave, and Lake Avenue Station.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.