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Cheap Apartments for Rent in the Prospect Park Neighborhood of Pasadena, CA from $900 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Pasadena.
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Rent Specials
$1,505Studio Apartments Available Now
Pasadena Studios
280 N Oakland AvePasadena, CA 91101
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Rent Specials
$1,604 - $2,500Studio Apartments Available Now
Thistle
262 N Los Robles AvePasadena, CA 91101
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$1,750 - $2,400Studio to 1 Bedroom Apartments Available Now
330-350 Waldo Ave
330-350 Waldo AvePasadena, CA 91101
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$1,820 - $1,950Studio to 1 Bedroom Apartments Available Now
Welcome to La Villa Lake Apartments- 55+ Better Living
1070 N Lake AvePasadena, CA 91104
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Rent Specials
$1,850 - $2,600Studio to 1 Bedroom Apartments Available Now
279 N Euclid Ave
279 N Euclid AvePasadena, CA 91101
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.
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$1,8501 Bedroom Apartment Available Now
1030 N Raymond Ave, Unit 5
1030 N Raymond AvePasadena, CA 91103
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$1,9401 Bedroom Apartment Available Now
250 S El Molino Ave, Unit MayvilleTerrace
250 S El Molino AvePasadena, CA 91101
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$1,950 - $2,2501 Bedroom Apartments Available Now
320 E Del Mar Blvd
320 E Del Mar BlvdPasadena, CA 91101
335 S Los Robles Ave
PasadenaCA91101
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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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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.
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 | $2,670 | $1,350 | $10,000+ |
| Prospect Park 1 Bedroom Apartments | $2,896 | $950 | $5,262 |
| Prospect Park 2 Bedroom Apartments | $4,304 | $2,300 | $7,772 |
| Prospect Park 3 Bedroom Apartments | $4,866 | $3,667 | $6,575 |
Browse Apartments in this Neighborhood
There are currently 73 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
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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. 439 S Catalina St has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. 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 |
| 439 S Catalina St | Studio | Studio,1BA | $1,350 |
| Pasadena Studios | Studio | Studio,1BA | $1,505 |
| Thistle | Micro | Studio,1BA | $1,604 |
| 330-350 Waldo Ave | Studio | Studio,1BA | $1,750 |
| Brookmore Apartments | Studio-Efficiency | Studio,1BA | $1,799 |
| Welcome to La Villa Lake Apartments- 55+ Better Living | R Studio | Studio,1BA | $1,820 |
| 279 N Euclid Ave | Studio | Studio,1BA | $1,850 |
Best Value Apartments for Rent in Prospect Park, CA
As of December 02, 2025 the best value apartment in the Prospect Park area is the $0.48 price per square foot 1733 N Raymond Ave Model at 1733 N Raymond Ave in the in the North Central Pasadena neighborhood starting from $950. The second greatest value Prospect Park apartment is the 2 bd 1 ba Model at 278 E Washington Blvd starting at $2,595 with a $2.53 price per square foot in the North Central 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. |
|---|---|---|---|
| 1733 N Raymond Ave | 1733 N Raymond Ave | 1BR,1BA | $0.48 |
| 278 E Washington Blvd | 2 bd 1 ba | 2BR,1BA | $2.53 |
| 853-861 N Raymond Ave | 2x1 | 2BR,1BA | $2.36 |
| Arpeggio | 1x1 CR | 1BR,1BA | $1.07 |
| 271 Parke St | 2BR/1.0BA | 2BR,1BA | $2.74 |
| 1262 N Hudson Ave, Unit 1262 | 1262 N Hudson Ave | 1BR,1BA | $2.94 |
| 303 N. Oakland | 2BR/1.0BA | 2BR,1BA | $2.99 |
| Madison Court Apartments | 1 Bedroom/ 1 Bath | 1BR,1BA | $2.88 |
| 252 N Wilson Ave, Unit 252 | 252 N Wilson Ave | 1BR,1BA | $2.93 |
| 250 S El Molino Ave, Unit MayvilleTerrace | 250 S El Molino Ave | 1BR,1BA | $2.98 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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.
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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 $1,850.
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 $4,945.
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 29 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 $776 which is $4,169 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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.