
Cheap Homes for Rent in Prospect Park Neighborhood of Pasadena, CA from $1,300 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Park area of Pasadena.


550 Alberta St

910 S Marengo Ave

911 S Marengo Ave

735 Locust St
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.

160 S El Molino Ave

645 S Marengo Ave

530 N Wilson Ave

470 S Los Robles Ave, Unit 11

4922 1/2 Genevieve Ave
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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.

2155 Summit Ave

181 S Marengo Ave, Unit 10

281 Stanton St

681 Mira Monte Pl

721 Cordova St
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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.

145 California Terrace

77 N Michigan Ave, Unit 3
Prospect Park, Pasadena, CA Local Guide

How much does it cost to rent a home in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park 2 Bedroom Homes for Rent | $3,493 | $1,350 | $5,098 |
| Prospect Park 3 Bedroom Homes for Rent | $4,705 | $3,100 | $6,950 |
| Prospect Park 4 Bedroom Homes for Rent | $9,495 | $9,495 | $9,495 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Prospect Park Neighborhood of Pasadena, CA.
Explore Pasadena
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 |
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 |
Frequently Asked Questions about Prospect Park
What type of rentals are currently available in Prospect Park?
There are currently 1113 Apartments for Rent in Prospect Park, CA with pricing that ranges from $1,260 to $10,005. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $1,350 to $9,495.
What is the current price range for Rental Homes in Prospect Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Park ranges from $1,350 to $9,495 with an average monthly rent of $5,038.
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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Renting your next home can feel thrilling and overwhelming at the same time.

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.