Cheap Apartments for Rent in the Prospect Park Neighborhood of Pasadena, CA from $406 (156 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Pasadena.

close
View Me
279 N Euclid Ave
$1,875 - $1,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,875 - $1,950

Total Monthly Price
Varies
Studio Apartments Available Now

279 N Euclid Ave

279 N Euclid AvePasadena, CA 91101
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

Los Angeles's Best Affordable Neighborhoods

Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

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.

close
View Me
236 S Mentor Ave
$2,100
Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100
1 Bedroom Apartment Available Now

236 S Mentor Ave

236 S Mentor AvePasadena, CA 91106
Affordability
  • Smoke Free
property at 701 1/2 Atchison St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

Studio, 1 Bath Townhome for Rent

Available Now

701 1/2 Atchison St

PasadenaCA91104

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.

property at 330 Cordova St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1.5 Bath Condo for Rent

Available Now

330 Cordova St, Unit 330

330 Cordova St
PasadenaCA91101
close
View Me
Andalucia
$2,442 - $5,342
Total Monthly Price

Total Monthly Price

Base Rent
$2,442 - $5,342

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Andalucia

686 E Union StPasadena, CA 91101
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 355 S Marengo Ave

$2,495

Total Monthly Price

Total Monthly Price

Base Rent
$2,495

Total Monthly Price
$2,495

1 Bedroom, 1 Bath Condo for Rent

Available Now

355 S Marengo Ave, Unit 304

355 S Marengo Ave
PasadenaCA91101
property at 838 Chapman Ave

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 1 Bath Home for Rent

Available Now

838 Chapman Ave

PasadenaCA91103
close
View Me
255-265 Grandview St
1 Bedroom Apartments

255-265 Grandview St

255-265 Grandview StPasadena, CA 91104
  • Utilities Included
close
View Me
The Somerset
Studio to 3 Bedroom Apartments

The Somerset

538 S Oakland AvePasadena, CA 91101
close
View Me
Molino Del Mar
Studio to 1 Bedroom Apartments

Molino Del Mar

306 El Molino AvePasadena, CA 91101

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.

Prospect Park, Pasadena, CA Local Guide

Cheapest Available Prospect Park Apartments for Rent

 

The cheapest available apartment rental in the Prospect Park area of Los Angeles, CA is a Studio unit found at 550 S Los Robles priced from $1,695. 753 Worcester Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here are the most affordable Prospect Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
550 S Los Robles0BR/1.0BAStudio,1BA$1,695
753 Worcester Ave1 Beds, 1 Baths1BR,1BA$1,695
La Villa Lake ApartmentsR StudioStudio,1BA$1,700
585 E Washington Blvd1 Beds, 1 Baths1BR,1BA$1,800
Cottages D Caroline AtlasW/StudioStudio,1BA$1,825
Madison Court ApartmentsStudioStudio,1BA$1,850
545 N Oakland Ave1 Beds, 1 Baths1BR,1BA$1,850
279 N Euclid AveStudio - Utilities IncludedStudio,1BA$1,875
170 N El Molino Ave1 bedroom1BR,1BA$1,875
165 Catalina Ave1 Bed, 1 bath1BR,1BA$1,900

Best Value Apartments for Rent in Prospect Park, CA

As of August 25, 2026 the best value apartment in the Prospect Park area is the $2.64 price per square foot Holly St Model at Catania in the in the South Arroyo neighborhood starting from $6,599. The second greatest value Prospect Park apartment is the Largest Two Bedroom Model at Euclid Place Apartments starting at $3,295 with a $2.27 price per square foot in the South Pasadena neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
CataniaHolly St2BR,2.5BA$2.64
Euclid Place ApartmentsLargest Two Bedroom2BR,2BA$2.27
144 S Catalina Ave2 Bed 2 Bath2BR,2BA$2.79
853-861 N Raymond Ave2x12BR,1BA$2.26
529-541 S. El Molino Ave.1 Bed 1 Bath1BR,1BA$2.67
893 Lincoln Ave, Unit 893 1/2893 Lincoln Ave2BR,1BA$2.67
271 Parke St2BR/1.0BA2BR,1BA$2.68
405 N Euclid Ave1 Beds, 1 Baths1BR,1BA$2.86
236 S Mentor Ave236 S Mentor Ave1BR,1BA$2.80
585 E Washington Blvd1 Beds, 1 Baths1BR,1BA$2.86

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Eastern Los Angeles. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, family-friendliness, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Prospect Park Apartments

What is a cheap apartment in Prospect Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prospect Park is under $1,900.

What is the price of a cheap apartment in Prospect Park?

The cheapest apartment in Prospect Park is 753 Worcester Ave which is listed at $1,695, while the average apartment in Prospect Park costs $3,296.

What types of apartments are the cheapest in Prospect Park?

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 5 regular apartments in Prospect Park 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 Prospect Park?

Cheap apartments in Prospect Park have an average cost of $160 which is $3,136 cheaper than the average rent for all rentals in Prospect Park.

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.

Helpful Local Expert Guides

decorative image for LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area article

LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area

Written by: Rachel Presser

Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

decorative image for Los Angeles Essential Guide: Finding Rentals Near LAs Biggest Job Hubs article

Los Angeles Essential Guide: Finding Rentals Near LAs Biggest Job Hubs

Written by: Rachel Presser

Los Angeles is best known as an industry town.

decorative image for The LA Price Check: Separating Cost of Living Myth from Reality article

The LA Price Check: Separating Cost of Living Myth from Reality

Written by: Rachel Presser

Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

decorative image for More Than Just Hollywood: A Local Expert's Deep Dive into LA Living article

More Than Just Hollywood: A Local Expert's Deep Dive into LA Living

Written by: Rachel Presser

Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.