Cheap Homes for Rent in Prospect Park Neighborhood of Pasadena, CA from $1,700 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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.

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-19, Page 1 of 1

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 $1,505. 853-861 N Raymond Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here are the most affordable Prospect Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Pasadena StudiosStudioStudio,1BA$1,505
853-861 N Raymond Ave853 #21BR,1BA$1,850
279 N Euclid AveStudioStudio,1BA$1,890
301 Pleasant St.1 Bed 1 Bath1BR,1BA$1,895
Hacienda GardenStudioStudio,1BA$1,900

Best Value Apartments for Rent in Prospect Park, CA

As of July 26, 2025 the best value apartment in the Prospect Park area is the $2.76 price per square foot 818 Model at 800-818 S Orange Grove Blvd in the in the South Arroyo neighborhood starting from $3,995. The second greatest value Prospect Park apartment is the 2BR/2.5BA Model at APT THE MADISON COLLECTION starting at $4,000 with a $2.97 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 ListingModel NameBed/BathPrice Per Sq.Ft.
800-818 S Orange Grove Blvd8182BR,2BA$2.76
APT THE MADISON COLLECTION2BR/2.5BA2BR,2.5BA$2.97
27 E Montana StTwo bedroom2BR,1BA$2.00
780 Earlham St2 bed 2 bath2BR,2BA$3.10
The Madison ApartmentsSECOND FLOOR #2042BR,2BA$2.90
613 E Washington Blvd, Unit 1613 E Washington Blvd2BR,1BA$2.66
529 S Madison Ave, Unit 11529 S Madison Ave1BR,1BA$3.00
853-861 N Raymond Ave853 #21BR,1BA$2.85
Hacienda GardenStudioStudio ,1BA$3.17
301 Pleasant St.1 Bed 1 Bath1BR,1BA$3.16

Frequently Asked Questions about Prospect Park

What type of rentals are currently available in Prospect Park?

There are currently 1104 Apartments for Rent in Prospect Park, CA with pricing that ranges from $1,150 to $10,000. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $1,799 to $14,988.

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 $1,799 to $14,988 with an average monthly rent of $5,745.

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.

decorative image for The 10 Best Affordable Neighborhoods in Los Angeles, CA article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.