Cheap Homes for Rent in the Prospect Park Neighborhood of Pasadena, CA from $1,700 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Prospect Park area of Pasadena.

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 701 1/2 Atchison St

$2,180

Total Monthly Price

Total Monthly Price

Base Rent
$2,180

Total Monthly Price
$2,180

Studio, 1 Bath Townhome for Rent

Available Now

701 1/2 Atchison St

PasadenaCA91104
property at 330 Cordova St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1.5 Bath Condo for Rent

Available Now

330 Cordova St, Unit 330

330 Cordova St
PasadenaCA91101
property at 838 Chapman Ave

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 1 Bath Home for Rent

Available Now

838 Chapman Ave

PasadenaCA91103

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Cheapest Available Prospect Park Apartments for Rent

 

The cheapest available apartment rental in the Prospect Park area of Los Angeles, CA is a 2 Beds unit found at Arpeggio priced from $1,105. 753 Worcester Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here are the most affordable Prospect Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Arpeggio2x2 ER2BR,2BA$1,105
753 Worcester Ave1 Beds, 1 Baths1BR,1BA$1,695
La Villa Lake ApartmentsR Studio AAStudio,1BA$1,700
Cottages D Caroline AtlasW/StudioStudio,1BA$1,725
585 E Washington Blvd1 Beds, 1 Baths1BR,1BA$1,775

Best Value Apartments for Rent in Prospect Park, CA

As of July 22, 2026 the best value apartment in the Prospect Park area is the $2.34 price per square foot 1 Bedroom Model at Euclid Place Apartments in the in the South Pasadena neighborhood starting from $2,695. The second greatest value Prospect Park apartment is the 2 bedrooms Model at 276 E Bellevue Dr starting at $3,000 with a $2.73 price per square foot in the South Pasadena neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Euclid Place Apartments1 Bedroom1BR,1BA$2.34
276 E Bellevue Dr2 bedrooms2BR,1.5BA$2.73
Arpeggio2x2 ER2BR,2BA$1.01
Annandale Terrace Apartments2 Bedroom + 2 Bathroom2BR,2BA$2.83
350 S Oakland2bd 2ba2BR,2BA$2.57
853-861 N Raymond Ave2x12BR,1BA$2.26
893 Lincoln Ave, Unit 893 1/2893 Lincoln Ave2BR,1BA$2.67
529-541 S. El Molino Ave.1 Bed 1 Bath1BR,1BA$2.56
2115 Marengo Ave, Unit A2115 Marengo Ave1BR,1BA$2.86
585 E Washington Blvd1 Beds, 1 Baths1BR,1BA$2.82

Frequently Asked Questions about Prospect Park

What type of rentals are currently available in Prospect Park?

There are currently 1108 Apartments for Rent in Prospect Park, CA with pricing that ranges from $1,350 to $10,300. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $1,700 to $9,595.

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 $1,700 to $9,595 with an average monthly rent of $4,687.

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.

Helpful Local Expert Guides

decorative image for LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area article

LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area

Written by: Rachel Presser

Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

decorative image for Los Angeles Essential Guide: Finding Rentals Near LAs Biggest Job Hubs article

Los Angeles Essential Guide: Finding Rentals Near LAs Biggest Job Hubs

Written by: Rachel Presser

Los Angeles is best known as an industry town.

decorative image for The LA Price Check: Separating Cost of Living Myth from Reality article

The LA Price Check: Separating Cost of Living Myth from Reality

Written by: Rachel Presser

Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

decorative image for More Than Just Hollywood: A Local Expert's Deep Dive into LA Living article

More Than Just Hollywood: A Local Expert's Deep Dive into LA Living

Written by: Rachel Presser

Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.