
Cheap Apartments for Rent in the Prospect Park Neighborhood of Pasadena, CA from $1,100 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Pasadena.


279 N Euclid Ave

853-861 N Raymond Ave

573 N Mar Vista Ave, Unit 1
Los Angeles's Best Affordable Neighborhoods
Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser
Prospect Park, Pasadena, CA Local Guide

How much does it cost to rent an apartment in Prospect Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect Park Studio Apartments | $3,213 | $1,373 | $10,000+ |
Prospect Park 1 Bedroom Apartments | $3,190 | $1,850 | $5,930 |
Prospect Park 2 Bedroom Apartments | $4,394 | $2,095 | $8,078 |
Prospect Park 3 Bedroom Apartments | $6,652 | $6,652 | $6,652 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the Prospect Park Neighborhood of Pasadena, CA.
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Prospect Park, Pasadena, CA Local Guide
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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 $1,373. 200 S Madison Ave has the second lowest priced unit, which is a Studio apartment currently listed from $1,629. Here are the most affordable Prospect Park apartments for rent in Los Angeles, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pasadena Studios | Studio | Studio,1BA | $1,373 |
200 S Madison Ave | Upper Studio | Studio,1BA | $1,629 |
279 N Euclid Ave | Studio | Studio,1BA | $1,800 |
190 S Marengo Ave | 0 Beds, 1 Baths | Studio,1BA | $1,837 |
853-861 N Raymond Ave | 853 #2 | 1BR,1BA | $1,850 |
La Villa Lake - 55 and Better | Studio | Studio,1BA | $1,942 |
855 N Marengo Ave | Unit 3 | 2BR,1BA | $2,095 |
Madison Court Apartments | 1 Bedroom/ 1 Bath | 1BR,1BA | $2,100 |
Royal del Mar | 2 Beds, 2 baths | 2BR,2BA | $2,100 |
Best Value Apartments for Rent in Prospect Park, CA
As of March 23, 2025 the best value apartment in the Prospect Park area is the $2.55 price per square foot 804 Merrett Dr Model at 804 Merrett Dr, Unit #1 in the in the West Central Pasadena neighborhood starting from $2,750. The second greatest value Prospect Park apartment is the 2 Bed 2 Bath Model at 144 S Catalina Ave starting at $2,950 with a $2.81 price per square foot in the South Pasadena neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
804 Merrett Dr, Unit #1 | 804 Merrett Dr | 2BR,1BA | $2.55 |
144 S Catalina Ave | 2 Bed 2 Bath | 2BR,2BA | $2.81 |
855 N Marengo Ave | Unit 3 | 2BR,1BA | $2.19 |
Royal del Mar | 2 Beds, 2 baths | 2BR,2BA | $2.33 |
456 N Catalina Ave, Unit B | 456 N Catalina Ave | 1BR,1BA | $2.39 |
Madison Court Apartments | 1 Bedroom/ 1 Bath | 1BR,1BA | $2.63 |
2080 Raymond Ave | 1 | 2BR,1BA | $2.75 |
mou734 | 2BR/1.0BA | 2BR,1BA | $3.07 |
853-861 N Raymond Ave | 853 #2 | 1BR,1BA | $2.85 |
573 N Mar Vista Ave, Unit 1 | 573 N Mar Vista Ave | 1BR,1BA | $3.08 |
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Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Eastern Los Angeles. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, family-friendliness, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Prospect Park Neighborhood in Pasadena, CA
Walk Score®
63 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
70 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
48 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Prospect Park Apartments
What is a cheap apartment in Prospect Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prospect Park is under $2,100.
What is the price of a cheap apartment in Prospect Park?
The cheapest apartment in Prospect Park is 853-861 N Raymond Ave which is listed at $1,850, while the average apartment in Prospect Park costs $6,652.
What types of apartments are the cheapest in Prospect Park?
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 108 regular apartments in Prospect Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

The 10 Best Affordable Neighborhoods in Los Angeles, CA
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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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.