
Cheap Apartments for Rent in the Raymond Hill Neighborhood of Pasadena, CA from $900 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Raymond Hill area of Pasadena.


Pasadena Studios

Aqua Courtyard Suites

275 N Oakland Ave

330-350 Waldo Ave

190 S Marengo Ave

Total Monthly Price
255 S Madison Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

148 Catalina Ave

Total Monthly Price
The Historic Stanley

919 S Marengo Ave, Unit 6

Thistle

760 Earlham St

Monterey Apartments

Palm Gardens Apartments
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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.
Raymond Hill, Pasadena, CA Local Guide

How much does it cost to rent an apartment in Raymond Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raymond Hill Studio Apartments | $2,682 | $1,350 | $10,000+ |
| Raymond Hill 1 Bedroom Apartments | $3,193 | $1,875 | $6,200 |
| Raymond Hill 2 Bedroom Apartments | $4,250 | $2,300 | $7,747 |
| Raymond Hill 3 Bedroom Apartments | $5,118 | $3,879 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Raymond Hill Neighborhood of Pasadena, CA.
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Raymond Hill, Pasadena, CA Local Guide
- Nearby Pasadena neighborhoods
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Cheapest Available Raymond Hill Apartments for Rent
 The cheapest available apartment rental in the Raymond Hill area of Pasadena, CA is a 1 Bed unit found at Arpeggio priced from $981. Pasadena Studios has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here are the most affordable Raymond Hill apartments for rent in Pasadena, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arpeggio | 1x1 CR | 1BR,1BA | $981 |
| Pasadena Studios | Studio 60% AMI - Income Restricted | Studio,1BA | $1,350 |
| Aqua Courtyard Suites | 0BR/1.0BA | Studio,1BA | $1,400 |
| 170 N El Molino Ave | 1 bedroom | 1BR,1BA | $1,875 |
| 190 S Marengo Ave | 0 Beds, 1 Baths | Studio,1BA | $1,881 |
Best Value Apartments for Rent in Raymond Hill, CA
As of May 18, 2026 the best value apartment in the Raymond Hill area is the $2.24 price per square foot 521 Upstairs Model at 521 N Marguerita Ave in the in the Southeast Los Angeles neighborhood starting from $2,300. The second greatest value Raymond Hill apartment is the 2BD/1.5BTH Townhome Model at Treasured Townhomes LLC starting at $2,395 with a $2.40 price per square foot in the West Central Pasadena neighborhood. Here is today’s list of the best values for Raymond Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 521 N Marguerita Ave | 521 Upstairs | 2BR,1BA | $2.24 |
| Treasured Townhomes LLC | 2BD/1.5BTH Townhome | 2BR,1.5BA | $2.40 |
| 853-861 N Raymond Ave | 2x1 | 2BR,1BA | $2.26 |
| Palm Gardens Apartments | 2x1 900sqft | 2BR,1BA | $2.77 |
| 278 E Washington Blvd | 2 bd 1 ba | 2BR,1BA | $2.86 |
| Molino House | El Molino House-7 | 1BR,1BA | $2.99 |
| 350 S Oakland | 1bd 1.5ba | 1BR,1.5BA | $2.94 |
| EllinCourt | 2x1 | 2BR,1BA | $2.71 |
| Monterey Apartments | 1 Bedroom | 1BR,1BA | $3.08 |
| Arpeggio | 1x1 AR | 1BR,1BA | $1.75 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
Pet Friendly LifestyleRaymond Hill, Pasadena, CA
Ranked #12
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Raymond Hill Apartments
What is a cheap apartment in Raymond Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Raymond Hill is under $2,000.
What is the price of a cheap apartment in Raymond Hill?
The cheapest apartment in Raymond Hill is Arpeggio which is listed at $981, while the average apartment in Raymond Hill costs $4,640.
What types of apartments are the cheapest in Raymond Hill?
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 37 regular apartments in Raymond Hill 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 Raymond Hill?
Cheap apartments in Raymond Hill have an average cost of $461 which is $4,179 cheaper than the average rent for all rentals in Raymond Hill.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.