Cheap Homes for Rent in Playhouse Village Neighborhood of Pasadena, CA from $2,400 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Playhouse Village area of Pasadena.

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.

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

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 $1,350. 170 N El Molino Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,875. Here are the most affordable Playhouse Village apartments for rent in Pasadena, CA:

Apartment ListingModel NameBed/BathPriced From
Pasadena StudiosStudio 60% AMI - Income RestrictedStudio,1BA$1,350
170 N El Molino Ave1 bedroom1BR,1BA$1,875
Oak Knoll Apartments1 Bedroom/ 1 Bath1BR,1BA$1,900

Best Value Apartments for Rent in Playhouse Village, CA

As of June 30, 2026 the best value apartment in the Playhouse Village area is the $3.21 price per square foot 2 Bedroom F Model at Alur Apartments in the in the South Pasadena neighborhood starting from $3,695. The second greatest value Playhouse Village apartment is the El Molino House-7 Model at Molino House starting at $2,695 with a $2.99 price per square foot in the South Pasadena neighborhood. Here is today’s list of the best values for Playhouse Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Alur Apartments2 Bedroom F2BR,2BA$3.21
Molino HouseEl Molino House-71BR,1BA$2.99
529-541 S. El Molino Ave.1 Bed 1 Bath1BR,1BA$2.56
City PlaceRussell2BR,1BA$3.71
THEOAllen1BR,1BA$3.81
275 N. Oakland1BR/1.0BA1BR,1BA$3.15
285 N. Oakland1BR/1.0BA1BR,1BA$3.59
729 Locust St, Unit 5729 Locust St2BR,1BA$3.07
Oak Knoll Apartments1 Bedroom/ 1 Bath1BR,1BA$3.80
170 N El Molino AvestudioStudio ,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.

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Real 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.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Playhouse Village, Pasadena, CA

Ranked #21

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Playhouse Village

What type of rentals are currently available in Playhouse Village?

There are currently 188 Apartments for Rent in Playhouse Village, CA with pricing that ranges from $1,350 to $7,055. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Playhouse Village ranging from $2,495 to $3,800.

What is the current price range for Rental Homes in Playhouse Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Playhouse Village ranges from $2,495 to $3,800 with an average monthly rent of $3,186.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.