Best Affordable Neighborhoods in Pasadena, CA
Some of the cheapest neighborhoods in Pasadena are The Oaks Pasadena, Lamanda Park, and Southeast Pasadena. These neighborhoods offer some of the lowest rent prices in Pasadena, making them ideal for renters on a budget. As of March 23, 2026, the average rent in Pasadena is $2,340, which is 2.5% lower 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.
The Oaks Pasadena
Average Rent
$2,496/Month
Year-Over-Year Rent Change
1.4%
Units Available
23 Rentals
The Oaks Pasadena is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Oaks Pasadena is $2,496 while the city average is $2,340. This is a -1.4% difference from last year. Residents enjoy convenient access to Eaton Canyon Nature Center, Fuller Theological Seminary, and Kidspace Children's Museum.
Lamanda Park
Average Rent
$2,552/Month
Year-Over-Year Rent Change
0.8%
Units Available
56 Rentals
When you’re looking for a great Pasadena neighborhood on a budget, check out Lamanda Park. The average rent is $2,552, compared to the city average of $2,340. Rent prices have increased by 0.8%. Lamanda Park is convenient to Del Mar Station, Memorial Park Station, and 7-11 Retail Center.
Southeast Pasadena
Average Rent
$2,597/Month
Units Available
10 Rentals
Southeast Pasadena is an affordable neighborhood in Pasadena with an average rent price of $2,597. Compare this to the city average of $2,340. Southeast Pasadena provides easy access to Bob Hope, Art Center College of Design, and Eaton Canyon Nature Center.
Marceline
Average Rent
$2,661/Month
Year-Over-Year Rent Change
1.2%
Units Available
11 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 $2,661, while the city’s average stands at $2,340. In the last year, prices have increased by 1.2%. Marceline is near Los Angeles County Arboretum, Del Mar Station, and Hill Plaza.
Jefferson Park
Average Rent
$2,688/Month
Year-Over-Year Rent Change
9.8%
Units Available
11 Rentals
Jefferson Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Jefferson Park is $2,688 while the city average is $2,340. This is a -9.8% difference from last year. Residents enjoy convenient access to Del Mar Station, Allen Center, and Art Center College of Design.
Grant Park
Average Rent
$2,698/Month
Units Available
25 Rentals
When you’re looking for a great Pasadena neighborhood on a budget, check out Grant Park. The average rent is $2,698, compared to the city average of $2,340. Grant Park is convenient to Eaton Canyon Nature Center, Bob Hope, and Huntington Botanical Gardens.
Hastings Ranch
Average Rent
$2,699/Month
Year-Over-Year Rent Change
4.3%
Units Available
34 Rentals
Hastings Ranch is an affordable neighborhood in Pasadena with an average rent price of $2,699. Compare this to the city average of $2,340. In the past year, rent prices have decreased by 4.3%. Hastings Ranch provides easy access to Pasadena City College, Los Angeles County Arboretum, and Caltech.
South Lake
Average Rent
$2,746/Month
Year-Over-Year Rent Change
0.9%
Units Available
24 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 $2,746, while the city’s average stands at $2,340. In the last year, prices have increased by 0.9%. South Lake is near Mentor Retail Center, Jet Propulsion Laboratory, and Pasadena City College.
Downtown Pasadena
Average Rent
$2,838/Month
Year-Over-Year Rent Change
0.6%
Units Available
73 Rentals
Downtown Pasadena is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Pasadena is $2,838 while the city average is $2,340. This is a -0.6% difference from last year. Residents enjoy convenient access to Pasadena City College, Bob Hope, and Huntington Botanical Gardens.
California Village
Average Rent
$2,860/Month
Units Available
19 Rentals
When you’re looking for a great Pasadena neighborhood on a budget, check out California Village. The average rent is $2,860, compared to the city average of $2,340. California Village is convenient to Pasadena Hastings Center, Allen Station, 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.