Pasadena, CA Rental Market Trends
What is the average rent in Pasadena?
The average rent for an apartment in Pasadena is $2,463, a 1% increase compared to the previous year.
Average Rent in Pasadena, CA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,463 | 1% | 873 sq. ft. |
What is the average apartment size in Pasadena?
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-$1,5002%
- $1,501-$2,00018%
- > $2,00080%
Pasadena, CA Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
23,983 or 43% of the households in Pasadena, CA are renter-occupied while 31,241 or 56% are owner-occupied.
Pasadena, CA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pasadena, CA | $2,419 | $2,470 | $2,549 | $2,517 | $2,571 | $2,588 | $2,532 | $2,419 | $2,438 | $2,428 | $2,463 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Pasadena, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Lower Arroyo Seco | $2,665 |
| Raymond Hill | $2,665 |
| Linda Vista | $2,607 |
| Old Town Pasadena | $2,607 |
| North Pasadena | $2,517 |
| Prospect Park | $2,517 |
| Playhouse District | $2,499 |
| Garfield Heights | $2,465 |
| Orange Heights | $2,451 |
| South Lake | $2,440 |
| North Central Pasadena | $2,368 |
| Daisy - Villa | $2,221 |
| Hastings Ranch | $2,221 |
| Lamanda Park | $2,221 |
| Victory Park | $2,221 |
| Casa Grande | $2,119 |
| Madison Heights | $2,110 |
| Oak Knoll | $2,110 |
| Bungalow Heaven | $2,005 |
| Historic Highlands | $1,717 |
What are the most affordable neighborhoods in Pasadena?
The most affordable neighborhoods in Pasadena are Historic Highlands, where the average rent goes for $1,717/month, Bungalow Heaven, where renters pay $2,005/mo on average, and Madison Heights, where the average rent goes for $2,110/mo. If you’re looking for other great deals, check out the listings from Oak Knoll ($2,110), Casa Grande ($2,119), and Daisy - Villa ($2,221), where the asking prices are below the average Pasadena rent of $2,463/mo.
What are the most expensive neighborhoods in Pasadena?
The most expensive neighborhoods in Pasadena are Old Town Pasadena ($2,607), Lower Arroyo Seco ($2,665) and Raymond Hill ($2,665).
What are the most popular neighborhoods in Pasadena?
The most popular neighborhood in Pasadena is Playhouse District, where there are 17 verified RENTCafé listings with an average rent of $2,499. Next up is Old Town Pasadena, where apartments go for $2,607/month, followed by Orange Heights with $2,451 If you’re looking to rent in Pasadena’s most popular neighborhoods, make sure to also check out Lamanda Park, where renters pay $2,221 on average, and Lower Arroyo Seco, where the average monthly rent is $2,665.
Pasadena | Rent Comparison by Neighborhood
Rent in Bungalow Heaven is 5% lower than in Casa Grande
Bungalow Heaven rent is 19% lower than Pasadena average
| Average Rent | $2,005 |
|---|
Casa Grande rent is 14% lower than Pasadena average
| Average Rent | $2,119 |
|---|
How Pasadena Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Los Angeles | $2,376 | -3% |
| San Francisco | $2,913 | -16% |
| East Bay | $2,273 | -4% |
| San Diego | $2,267 | 4% |
| Oakland | $2,708 | -6% |
| Long Beach | $2,170 | 3% |
| Santa Monica | $3,506 | -11% |
| West Hollywood | $2,513 | -8% |
| Anaheim | $1,906 | 2% |
| Glendale | $2,457 | -2% |
| Pasadena | $2,463 | 1% |