
Cheap Apartments for Rent in the Playhouse Village Neighborhood of Pasadena, CA from $1,395 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Playhouse Village area of Pasadena.


Pasadena Studios

665 Cordova St

529 S Madison Ave

211 S El Molino Ave, Unit 10

156 S Oakland Ave

Thistle

675 Cordova St

529-541 S. El Molino Ave.

Total Monthly Price
Andalucia
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

350 S Oakland

Total Monthly Price
Trio Apartments

533 S hudson Ave

The Madison Apartments

721 Cordova St, Unit 9

Madison House

The Somerset

Molino Del Mar

343 Madison Ave

Oakland Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

241 S Hudson Ave

550 S Los Robles

El Molino Terrace

161 S Madison Ave

Ely House

Oak Knoll Apartments

255 S Madison Ave

518 S. El Molino Apartments

296 Oakland Apartments

267 S Madison Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

703-719 E California Blvd

Mayville Terrace

The Hallie

250 N. Oakland

450 Los Robles Ave

228-230 S Oakland Ave

Le Vieux Carre Apartments

Royal del Mar

270-280 S Oakland Ave

255 Oakland Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

495 S Madison Ave

450 S Los Robles Ave

275 N. Oakland

285 N. Oakland

303 N. Oakland

Oakland Manor

147 Oak Knoll Ave

167 S Oak Knoll Ave

220-222 S Oakland Ave

Molino House
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Playhouse Village, Pasadena, CA Local Guide

How much does it cost to rent an apartment in Playhouse Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Playhouse Village Studio Apartments | $2,458 | $1,460 | $3,400 |
| Playhouse Village 1 Bedroom Apartments | $3,200 | $1,875 | $4,535 |
| Playhouse Village 2 Bedroom Apartments | $4,275 | $2,595 | $7,000 |
| Playhouse Village 3 Bedroom Apartments | $5,380 | $3,995 | $7,055 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 10 mile radius of the Playhouse Village Neighborhood of Pasadena, CA.
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Playhouse Village, Pasadena, CA Local Guide
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Cheapest Available Playhouse Village Apartments for Rent
 The cheapest available apartment rental in the Playhouse Village area of Pasadena, CA is a Studio unit found at Pasadena Studios priced from $1,460. Oak Knoll Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,825. Here are the most affordable Playhouse Village apartments for rent in Pasadena, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pasadena Studios | Studio 60% AMI - Income Restricted | Studio, 1BA | $1,460 |
| Oak Knoll Apartments | 1 Bedroom/ 1 Bath | 1BR, 1BA | $1,825 |
| 170 N El Molino Ave | 1 bedroom | 1BR, 1BA | $1,875 |
| 250 N. Oakland | 1BR/1.0BA | 1BR, 1BA | $1,975 |
| Thistle | Studio | Studio, 1BA | $2,200 |
| 285 N. Oakland | 1BR/1.0BA | 1BR, 1BA | $2,292 |
| 529-541 S. El Molino Ave. | 1 Bed 1 Bath | 1BR, 1BA | $2,400 |
| MW Lofts | S1B | Studio, 1BA | $2,870 |
| Trio Apartments | G | 1BR, 1BA | $2,881 |
| 55+ FountainGlen Pasadena | Mission | 1BR, 1BA | $3,017 |
Best Value Apartments for Rent in Playhouse Village, CA
As of September 28, 2026 the best value apartment in the Playhouse Village area is the $4.05 price per square foot A1 Model at Pasadena Gateway Villas in the Downtown Pasadena neighborhood starting from $4,775. The second greatest value Playhouse Village apartment is the Howard Model at THEO in the Downtown Pasadena neighborhood starting at $3,803 with a $3.80 price per square foot. Here is today’s list of the best values for Playhouse Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pasadena Gateway Villas | A1 | 3BR, 2BA | $4.05 |
| THEO | Howard | 2BR, 2BA | $3.80 |
| Alur Apartments | 2 Bedroom B | 2BR, 2BA | $3.56 |
| 529-541 S. El Molino Ave. | 1 Bed 1 Bath | 1BR, 1BA | $2.67 |
| Trio Apartments | G | 1BR, 1BA | $3.97 |
| 285 N. Oakland | 1BR/1.0BA | 1BR, 1BA | $3.17 |
| 250 N. Oakland | 1BR/1.0BA | 1BR, 1BA | $2.78 |
| MW Lofts | S1B | Studio, 1BA | $4.10 |
| Oak Knoll Apartments | 1 Bedroom/ 1 Bath | 1BR, 1BA | $3.65 |
| 170 N El Molino Ave | studio | Studio, 1BA | $3.72 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestylePlayhouse Village, Pasadena, CA
Ranked #21
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Playhouse Village Apartments
What is a cheap apartment in Playhouse Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Playhouse Village is under $3,017.
What is the price of a cheap apartment in Playhouse Village?
The cheapest apartment in Playhouse Village is Oak Knoll Apartments which is listed at $1,825, while the average apartment in Playhouse Village costs $3,514.
What types of apartments are the cheapest in Playhouse Village?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Playhouse Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Playhouse Village?
Cheap apartments in Playhouse Village have an average cost of $434 which is $3,080 cheaper than the average rent for all rentals in Playhouse Village.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.