
Cheap Homes for Rent in Prospect Park Neighborhood of Pasadena, CA from $1,700 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Park area of Pasadena.


161 Chestnut St, Unit 1

595 Buckeye St, Unit 4

910 S Marengo Ave, Unit 1

770 E Washington Blvd

550 N Catalina Ave, Unit 5

919 S Marengo Ave, Unit 6
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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.

529 S Madison Ave

110 S Michigan Ave, Unit 16

999 Locust St, Unit 17

516 Mar Vista Ave, Unit 6

2115 N Raymond Ave, Unit 2117

999 Locust St, Unit 21

120 S Mentor Ave
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.

330 Cordova St, Unit 330

160 S Hudson Ave

721 Cordova St, Unit 9

300 N El Molino Ave, Unit 126

449 N Euclid Ave

283 S El Molino Ave, Unit 7

497 S El Molino Ave, Unit 101
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.

497 S El Molino Ave

846 N Wilson Ave
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 | $3,430 | $2,595 | $4,850 |
| Prospect Park 3 Bedroom Homes for Rent | $4,538 | $3,450 | $6,500 |
| Prospect Park 4 Bedroom Homes for Rent | $6,700 | $6,700 | $6,700 |
| Prospect Park 5 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Prospect Park Neighborhood of Pasadena, CA.
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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 Studio unit found at Pasadena Studios priced from $1,350. Cottages D Caroline Atlas has the second lowest priced unit, which is a Studio apartment currently listed from $1,475. Here are the most affordable Prospect Park apartments for rent in Los Angeles, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pasadena Studios | Studio 60% AMI - Income Restricted | Studio,1BA | $1,350 |
| Cottages D Caroline Atlas | Studio | Studio,1BA | $1,475 |
| Prescott 5 | studio | Studio,1BA | $1,500 |
| Oakland Ave 650- Hillsides | 0BR/1.0BA | Studio,1BA | $1,595 |
| 753 Worcester Ave | 1 Beds, 1 Baths | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in Prospect Park, CA
As of June 05, 2026 the best value apartment in the Prospect Park area is the $2.73 price per square foot 2 bedrooms Model at 276 E Bellevue Dr in the in the South Pasadena neighborhood starting from $3,000. The second greatest value Prospect Park apartment is the The Modern Monastery: 2BD/2BTH Model at The William on Sunset starting at $3,145 with a $2.99 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. |
|---|---|---|---|
| 276 E Bellevue Dr | 2 bedrooms | 2BR,1.5BA | $2.73 |
| The William on Sunset | The Modern Monastery: 2BD/2BTH | 2BR,2BA | $2.99 |
| 853-861 N Raymond Ave | 2x1 | 2BR,1BA | $2.26 |
| 278 E Washington Blvd | 2 bd 1 ba | 2BR,1BA | $2.86 |
| 529-541 S. El Molino Ave. | 1 Bed 1 Bath | 1BR,1BA | $2.44 |
| Molino House | El Molino House-7 | 1BR,1BA | $2.99 |
| Mid-Century Pasadena Style with Modern Interiors | 2BR/1.0BA | 2BR,1BA | $3.03 |
| Mayville Terrace | 1br 1 ba | 1BR,1BA | $2.98 |
| 777 E Villa St | 1 Bed 1 Bath | 1BR,1BA | $2.92 |
| 585 E Washington Blvd | 1 Beds, 1 Baths | 1BR,1BA | $2.86 |
Frequently Asked Questions about Prospect Park
What type of rentals are currently available in Prospect Park?
There are currently 1107 Apartments for Rent in Prospect Park, CA with pricing that ranges from $900 to $10,545. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $1,750 to $19,500.
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 $1,750 to $19,500 with an average monthly rent of $6,491.
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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