Pasadena, CA Rental Market Trends
Highlights
The average rent for an apartment in Pasadena is $2,547, a 1% increase compared to the previous year.
Average Rent in Pasadena, CA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,547 | 1% | 873 sq. ft. |
The average size for a Pasadena, CA apartment is 873 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Pasadena, CA Apartment Rent Ranges
- $1,001-$1,5003%
- $1,501-$2,00013%
- > $2,00084%
Pasadena, CA Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
23,566 or 43% of the households in Pasadena, CA are renter-occupied while 30,828 or 56% are owner-occupied.
Pasadena, CA Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pasadena, CA | $2,346 | $2,348 | $2,366 | $2,436 | $2,419 | $2,470 | $2,549 | $2,517 | $2,571 | $2,588 | $2,547 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Pasadena, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Historic Highlands | $1,759 |
| Bungalow Heaven | $2,143 |
| Casa Grande | $2,182 |
| Oak Knoll | $2,283 |
| Madison Heights | $2,283 |
| Victory Park | $2,290 |
| Lamanda Park | $2,290 |
| Hastings Ranch | $2,290 |
| Daisy - Villa | $2,290 |
| North Central Pasadena | $2,427 |
| Orange Heights | $2,549 |
| South Lake | $2,553 |
| Garfield Heights | $2,556 |
| Prospect Park | $2,580 |
| North Pasadena | $2,580 |
| Playhouse District | $2,602 |
| Old Town Pasadena | $2,699 |
| Linda Vista | $2,699 |
| Raymond Hill | $2,776 |
| Lower Arroyo Seco | $2,776 |
The most affordable neighborhoods in Pasadena are Historic Highlands, where the average rent goes for $1,759/month, Bungalow Heaven, where renters pay $2,143/mo on average, and Casa Grande, where the average rent goes for $2,182/mo. If you’re looking for other great deals, check out the listings from Madison Heights ($2,283), Oak Knoll ($2,283), and Daisy - Villa ($2,290), where the asking prices are below the average Pasadena rent of $2,547/mo.
The most expensive neighborhoods in Pasadena are Old Town Pasadena ($2,699), Lower Arroyo Seco ($2,776) and Raymond Hill ($2,776).
The most popular neighborhood in Pasadena is Playhouse District, where there are 11 verified RENTCafé listings with an average rent of $2,602. Next up is Old Town Pasadena, where apartments go for $2,699/month, followed by Orange Heights with $2,549 If you’re looking to rent in Pasadena’s most popular neighborhoods, make sure to also check out Lamanda Park, where renters pay $2,290 on average, and Lower Arroyo Seco, where the average monthly rent is $2,776.
Pasadena | Rent Comparison by Neighborhood
Rent in Bungalow Heaven is 2% lower than in Casa Grande
Bungalow Heaven rent is 16% lower than Pasadena average
| Average Rent | $2,143 |
|---|
Casa Grande rent is 14% lower than Pasadena average
| Average Rent | $2,182 |
|---|
How Pasadena Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Los Angeles | $2,524 | 2% |
| San Francisco | $3,629 | n/a |
| East Bay | $2,363 | 2% |
| San Diego | $2,237 | 4% |
| Long Beach | $2,106 | 5% |
| Thousand Oaks | $2,190 | 3% |
| Anaheim | $1,892 | 5% |
| Glendale | $2,601 | 3% |
| Riverside | $1,613 | 5% |
| Burbank | $2,412 | 2% |
| Pasadena | $2,547 | 1% |
For more information about the Pasadena rental trends, check out our monthly rent report
Check out California Cities, California Neighborhoods and California Zip Codes for more details on verified listings, including the California Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!