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Cheap Apartments for Rent in the Prospect Park Neighborhood of Pasadena, CA from $900 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Pasadena.
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Rent Specials
from $1,373Studio Apartments Available Now
Pasadena Studios
280 N Oakland AvePasadena, CA 91101
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from $1,8501 Bedroom Apartments Available Now
853-861 N Raymond Ave
853-861 N Raymond AvePasadena, CA 91103
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from $1,890Studio to 1 Bedroom Apartments Available Now
279 N Euclid Ave
279 N Euclid AvePasadena, CA 91101
64 Mar Vista Ave
PasadenaCA91106
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335 S Los Robles Ave
PasadenaCA91101
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from $2,0001 Bedroom Apartment Available Now
742 Earlham St, Unit 740
742 Earlham StPasadena, CA 91101
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating 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.
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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
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Prospect Park, Pasadena, CA Local Guide
How much does it cost to rent an apartment in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park Studio Apartments | $3,099 | $1,373 | $10,000+ |
| Prospect Park 1 Bedroom Apartments | $3,201 | $1,700 | $5,245 |
| Prospect Park 2 Bedroom Apartments | $4,301 | $2,200 | $7,018 |
| Prospect Park 3 Bedroom Apartments | $4,925 | $3,650 | $6,652 |
Browse Apartments in this Neighborhood
There are currently 68 rentals with your search options within a 2 mile radius of the Prospect Park Neighborhood of Pasadena, CA.
See all Apartments in PasadenaExplore Pasadena
Prospect Park, Pasadena, CA Local Guide
- Nearby Pasadena neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Prospect Park Apartments for Rent
The cheapest available apartment rental in the Prospect Park area of Los Angeles, CA is a 1 Bed unit found at Arpeggio priced from $981. Pasadena Studios has the second lowest priced unit, which is a Studio apartment currently listed from $1,373. Here are the most affordable Prospect Park apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arpeggio | 1x1 CR | 1BR,1BA | $981 |
| Pasadena Studios | Studio | Studio,1BA | $1,373 |
| 853-861 N Raymond Ave | 853 #2 | 1BR,1BA | $1,850 |
| 279 N Euclid Ave | Studio | Studio,1BA | $1,890 |
| Pasadena Gateway Villas | D2 | Studio,1BA | $1,890 |
| 1685 N Summit Ave | 137 E Penn St. APT 137 | 1BR,1BA | $1,900 |
| Oak Knoll Apartments | 1 Bedroom/ 1 Bath | 1BR,1BA | $2,025 |
| La Villa Lake - 55 + and Better | Studio | Studio,1BA | $2,080 |
| Madison Court Apartments | 1 Bedroom/ 1 Bath | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Prospect Park, CA
As of June 05, 2025 the best value apartment in the Prospect Park area is the $2.24 price per square foot Two bedroom Model at 27 E Montana St in the in the North Central Pasadena neighborhood starting from $2,795. The second greatest value Prospect Park apartment is the Penny Model at THEO starting at $3,875 with a $3.33 price per square foot in the Downtown Pasadena neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 27 E Montana St | Two bedroom | 2BR,1BA | $2.24 |
| THEO | Penny | 2BR,2BA | $3.33 |
| 780 Earlham St | 2 bed 2 bath | 2BR,2BA | $3.10 |
| Madison Court Apartments | 2 Bedroom/ 1 Bath | 2BR,1BA | $2.84 |
| Arpeggio | 1x1 CR | 1BR,1BA | $1.07 |
| 613 E Washington Blvd, Unit 1 | 613 E Washington Blvd | 2BR,1BA | $2.66 |
| 350 S Oakland | 1bd 1ba | 1BR,1BA | $3.02 |
| 735 Worcester Ave, Unit 3 | 735 Worcester Ave | 2BR,1BA | $2.86 |
| Pasadena Gateway Villas | C1 | 1BR,1BA | $2.83 |
| 853-861 N Raymond Ave | 853 #2 | 1BR,1BA | $2.85 |
Quick Rent Budget Calculator
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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!
Getting Around the Prospect Park Neighborhood in Pasadena, CA
Walk Score®
63 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
70 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
48 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,100.
What is the price of a cheap apartment in Prospect Park?
The cheapest apartment in Prospect Park is Arpeggio which is listed at $981, while the average apartment in Prospect Park costs $4,847.
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 7 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 $227 which is $4,620 cheaper than the average rent for all rentals in Prospect Park.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The 10 Best Affordable Neighborhoods in Los Angeles, CA
Written by: Rachel Presser
Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.