Average Rent in Pasadena, CA

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Current Versus Historical Pasadena, CA Rents

Pasadena rentals average $0 for a studio rental to $7,450 for a 4-bedroom rental. The median price of all currently available listings is $3,495, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $61 (-3.26%) year-over-year from $1,856 to $1,795. 1-bedroom rentals prices have decreased by $157 (-6.94%) year-over-year from $2,257 to $2,100. 2-bedroom rentals prices have decreased by $352 (-11.63%) year-over-year from $3,024 to $2,673. 3-bedroom rentals prices have decreased by $50 (-1.15%) year-over-year from $4,350 to $4,300. 4-bedroom rentals prices have decreased by $6,567 (-48.76%) year-over-year from $13,467 to $6,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 5.82% this month. 1-bedroom rents have gone down by 5.19% this month. 2-bedroom rents have gone down by 12.16% this month. 3-bedroom rents have gone up by 5.31% this month. 4-bedroom rents have gone down by 30.19% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.66 $2,100 $2,257 (-6.94%) $2,591 (-18.95%)
2 BR $3.41 $2,673 $3,024 (-11.63%) $3,200 (-16.48%)
3 BR $2.64 $4,300 $4,350 (-1.15%) $3,797 (13.26%)
4+ BR $2.74 $6,900 $13,467 (-48.76%) $4,482 (53.96%)

Historical Rents in Pasadena, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Pasadena

There are a total of 1 cities nearby Pasadena. The average rent in Pasadena is currently $2,963 per month. Only one city nearby has an average rent lower than that. Our records show that Glendale, CA, with an average rent of $2,963, is the most affordable city nearby. In contrast, the most expensive city near Pasadena, CA is Glendale, CA. Monthly rents here are on average $2,963 per month.

Let's compare Pasadena, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Pasadena, CA is inf% more affordable than other cities nearby. One bedrooms are about 6.46% more expensive. Two bedrooms in Pasadena, CA are about 13.44% more expensive. Finally, rent for three bedrooms are about 28.33% more expensive. Want more information? Check out the top 1 cities near Pasadena, CA in the following chart.
City Studio 1 Bed 2 Bed All
Glendale, CA $2,118 $2,100 $2,963 $2,963

Top Neighborhoods Near Pasadena

There are a total of 3 neighborhoods in or near Pasadena. Some of these neighborhoods include Wilshire Center - Koreatown, Historic Cultural, and Downtown Los Angeles. We've included all of these top 3 neighborhoods in or near Pasadena, CA in the following chart.

The average rent for these 3 neighborhoods in or near Pasadena, CA is currently around $2,473 per month. A total of 3 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Pasadena, Wilshire Center - Koreatown has the most affordable average rent at $2,470 per month. Whereas, at $3,208 average rent per month, Downtown Los Angeles is the most expensive neighborhood in or near Pasadena. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Wilshire Center - Koreatown, Los Angeles, CA $1,828 $2,340 $2,924 $2,470
Historic Cultural, Los Angeles, CA $1,977 $2,443 $3,002 $2,473
Downtown Los Angeles, Los Angeles, CA $2,170 $2,879 $3,980 $3,208

Top Counties Near Pasadena

There are a total of 3 counties located by Pasadena, CA. The average rent for rentals in these counties is $4,000. That's roughly around $3 per sqft. The county that is the most affordable is Los Angeles, CA. It's average rent per month is $4,000. Vice versa, with an average rent of $4,000, Los Angeles, CA is the most expensive county by Pasadena, CA.

Typically, rent for studios in Pasadena, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Pasadena, CA is 11.58% more affordable than other counties nearby. Finally, rent for two bedrooms in Pasadena, CA is 7.96% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Los Angeles, CA $1,995 $2,505 $3,695 $4,000

Top Zipcodes Near Pasadena

There are a total of 3 zipcodes in or near Pasadena, CA. The average rent for all of these zipcodes is $3,250. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90028, Los Angeles, CA at $3,151 per month. In comparison, the zipcode with the most expensive average rent of $9,947 per month is 90068, Los Angeles, CA.

Studios in these zipcodes have an average rent of $2,050. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Pasadena, CA is $2,409 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,950 per month. Which comes out to $3 per sqft. The following chart includes the top 3 zipcodes in Pasadena, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
90068, Los Angeles, CA N/A $2,748 $5,000 $9,947
90028, Los Angeles, CA $2,050 $2,310 $3,895 $3,151
90017, Los Angeles, CA $2,150 $2,409 $3,950 $3,250

Frequently Asked Questions - Pasadena Average Rents

What is the average rent price in Pasadena, CA?
The average monthly rental price for Pasadena, CA apartments for rent is approximately $3,495. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Pasadena, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Pasadena, CA.
How much is a studio apartment in Pasadena, CA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Pasadena.
How much is a one bedroom apartment in Pasadena, CA?
The average monthly rental price for one bedroom apartments is $2,245 and an average price per square feet of $3.66. There are a total of 9 one bedroom apartment listings currently available for rent in Pasadena.
How much is a two bedroom apartment in Pasadena, CA?
The average monthly rental price for two bedroom apartments is $3,423 and an average price per square feet of $3.41. There are a total of 16 two bedroom apartment listings currently available for rent in Pasadena.
How have rent prices in Pasadena, CA changed this year?
Rent prices for rentals in Pasadena, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by -0.12%, and three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in Pasadena, CA?
A reasonable rent price in Pasadena, CA is around $2,796/month. You can search for these reasonably priced rental listings on RentHop.
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