
Cheap Apartments for Rent in the Prospect Park Neighborhood of Pasadena, CA from $900 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Pasadena.


161 Chestnut St

Pasadena Studios

409 N Los Robles Ave

Total Monthly Price
1030 N Raymond Ave

Thistle

910 S Marengo Ave, Unit Unit 1

275 N. Oakland

Total Monthly Price
1129 E Maple St, Unit 1129

Total Monthly Price
279 N Euclid Ave
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330-350 Waldo Ave

Total Monthly Price
255 S Madison Ave

911 S Marengo Ave

533 S Hudson Ave

Hudson Gardens

255-265 Grandview St

Wright Avenue Apartments

The Somerset

1868-1874 N Lincoln Ave

Molino Del Mar
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1193 Washington Blvd

343 Madison Ave

73 S Michigan Ave

550 Catalina Ave

Prescott 5

1590 N Fair Oaks Ave

Oakland Apartments

Villa Capri Apartments

1401 N Los Robles Ave

The Villas
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Villa Robles Apartments

Orange Grove

250 N Oakland Ave

275 Marengo Ave

241 S Hudson Ave

Cottages D' Caroline

Oakland Ave 650- Hillsides

El Molino Terrace

Welcome to La Villa Lake Apartments- 55+ Better Living

161 S Madison Ave
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lak109

815 E Villa St

Ely House

490 Maylin Street

Tempo North Apartments

881 N Oakland Ave

518 S. El Molino Apartments

400-420 N. Oakland Ave

296 Oakland Apartments

703-719 E California Blvd
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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 | $2,692 | $1,350 | $10,000+ |
| Prospect Park 1 Bedroom Apartments | $3,155 | $1,260 | $5,216 |
| Prospect Park 2 Bedroom Apartments | $4,186 | $2,245 | $7,879 |
| Prospect Park 3 Bedroom Apartments | $5,035 | $3,850 | $6,657 |
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 2 mile radius of the Prospect Park Neighborhood of Pasadena, CA.
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Prospect Park, Pasadena, CA Local Guide
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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. 533 S Hudson Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. 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 |
| 533 S Hudson Ave | UPPER 1 BR ATTACHED HOME! | 1BR,1BA | $1,000 |
| Pasadena Studios | Studio | Studio,1BA | $1,350 |
| Oakland Ave 650- Hillsides | 0BR/1.0BA | Studio,1BA | $1,695 |
| Welcome to La Villa Lake Apartments- 55+ Better Living | R Studio AA | Studio,1BA | $1,700 |
| 279 N Euclid Ave | Studio | Studio,1BA | $1,745 |
| 255 S Madison Ave | Studio | Studio,1BA | $1,825 |
Best Value Apartments for Rent in Prospect Park, CA
As of February 25, 2026 the best value apartment in the Prospect Park area is the $2.78 price per square foot 582 N Oakland Ave Model at 582 N Oakland Ave, Unit 582 N Oakland Ave in the in the West Central Pasadena neighborhood starting from $5,000. The second greatest value Prospect Park apartment is the 2BR/2.5BA Model at APT THE MADISON COLLECTION starting at $3,700 with a $2.74 price per square foot in the West 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. |
|---|---|---|---|
| 582 N Oakland Ave, Unit 582 N Oakland Ave | 582 N Oakland Ave | 3BR,2BA | $2.78 |
| APT THE MADISON COLLECTION | 2BR/2.5BA | 2BR,2.5BA | $2.74 |
| wil195 | 2BR/2.0BA | 2BR,2BA | $2.71 |
| 278 E Washington Blvd | 2 bd 1 ba | 2BR,1BA | $2.58 |
| 853-861 N Raymond Ave | 2x1 | 2BR,1BA | $2.36 |
| 350 S Oakland | 1bd 1ba | 1BR,1.5BA | $2.82 |
| 533 S Hudson Ave | UPPER 1 BR ATTACHED HOME! | 1BR,1BA | $1.43 |
| 882 Euclid N Ave, Unit A | 882 Euclid N Ave | 1BR,1BA | $2.86 |
| 1129 E Maple St, Unit 1129 | 1129 E Maple St | 1BR,1BA | $2.49 |
| Arpeggio | 1x1 BR | 1BR,1BA | $1.56 |
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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.
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 $1,825.
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 $4,999.
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 33 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 $410 which is $4,589 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.
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