Cheap Apartments for Rent in the Prospect Park Neighborhood of Pasadena, CA from $1,100 (74 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Pasadena.

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Stanley Apartments
Studio Apartments

Stanley Apartments

149 S Los Robles AvePasadena, CA 91101
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255-265 Grandview St
1 Bedroom Apartments

255-265 Grandview St

255-265 Grandview StPasadena, CA 91104
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The Somerset
Studio Apartments

The Somerset

538 S Oakland AvePasadena, CA 91101
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530 N Wilson Ave
1 Bedroom Apartments

530 N Wilson Ave

530 N Wilson AvePasadena, CA 91106
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Molino Del Mar
Studio to 1 Bedroom Apartments

Molino Del Mar

306 El Molino AvePasadena, CA 91101
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1193 Washington Blvd
1 to 2 Bedroom Apartments

1193 Washington Blvd

1193 Washington BlvdPasadena, CA 91104
  • Utilities Included

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

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343 Madison Ave
Studio Apartments

343 Madison Ave

343 Madison AvePasadena, CA 91101
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73 S Michigan Ave
1 Bedroom Apartments

73 S Michigan Ave

73 S Michigan AvePasadena, CA 91106
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550 Catalina Ave
1 Bedroom Apartments

550 Catalina Ave

550 Catalina AvePasadena, CA 91106
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Prescott 5
Studio Apartments

Prescott 5

629 Prescott StPasadena, CA 91104
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1401 N Los Robles Ave
1 to 2 Bedroom Apartments

1401 N Los Robles Ave

1401 N Los Robles AvePasadena, CA 91104
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The Villas
1 Bedroom Apartments

The Villas

231 E Villa StPasadena, CA 91101
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Orange Grove
Studio to 2 Bedroom Apartments

Orange Grove

120 N Orange Grove BlvdPasadena, CA 91103
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275 Marengo Ave
Studio to 2 Bedroom Apartments

275 Marengo Ave

275 Marengo AvePasadena, CA 91101
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250 N Oakland Ave
1 to 2 Bedroom Apartments

250 N Oakland Ave

250 N Oakland AvePasadena, CA 91101
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350 Waldo Ave
Studio Apartments

350 Waldo Ave

350 Waldo AvePasadena, CA 91101
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200 S Madison Ave
Studio Apartments

200 S Madison Ave

200 S Madison AvePasadena, CA 91101
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lak109
1 Bedroom Apartments

lak109

1091 N Lake AvePasadena, CA 91104
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El Molino Terrace
1 Bedroom Apartments

El Molino Terrace

244 S El Molino AvePasadena, CA 91101
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241 S Hudson Ave
1 to 2 Bedroom Apartments

241 S Hudson Ave

241 S Hudson AvePasadena, CA 91101
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161 S Madison Ave
1 to 2 Bedroom Apartments

161 S Madison Ave

161 S Madison AvePasadena, CA 91101
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815 E Villa St
1 Bedroom Apartments

815 E Villa St

815 E Villa StPasadena, CA 91101
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Ely House
1 Bedroom Apartments

Ely House

465 S El Molino AvePasadena, CA 91101
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490 Maylin Street
1 Bedroom Apartments

490 Maylin Street

490 Maylin StPasadena, CA 91105
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267 S Madison Ave
1 Bedroom Apartments

267 S Madison Ave

267 S Madison AvePasadena, CA 91101
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Cottages D' Caroline
Studio to 2 Bedroom Apartments

Cottages D' Caroline

390-400 N Madison AvePasadena, CA 91101
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Hacienda Garden
1 Bedroom Apartments

Hacienda Garden

529-541 S El Molino AvePasadena, CA 91101
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881 N Oakland Ave
1 to 2 Bedroom Apartments

881 N Oakland Ave

881 N Oakland AvePasadena, CA 91104
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Prospect Park, Pasadena, CA Local Guide

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 190 S Marengo Ave priced from $1,708. Madison Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,825. Here are the most affordable Prospect Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
190 S Marengo Ave0 Beds, 1 BathsStudio,1BA$1,708
Madison Court ApartmentsStudioStudio,1BA$1,825
853-861 N Raymond Ave853 #21BR,1BA$1,850
170 N El Molino Ave1 bedroom1BR,1BA$1,875
Pasadena Gateway VillasD2Studio,1BA$1,890
301 Pleasant St.1 Bed 1 Bath1BR,1BA$1,895
La Villa Lake - 55 + and BetterStudioStudio,1BA$1,942

Best Value Apartments for Rent in Prospect Park, CA

As of April 26, 2025 the best value apartment in the Prospect Park area is the $2.20 price per square foot Two bedroom Model at 27 E Montana St in the in the North Central Pasadena neighborhood starting from $2,745. The second greatest value Prospect Park apartment is the 804 Merrett Dr Model at 804 Merrett Dr, Unit #1 starting at $2,750 with a $2.55 price per square foot in the West Central Pasadena neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
27 E Montana StTwo bedroom2BR,1BA$2.20
804 Merrett Dr, Unit #1804 Merrett Dr2BR,1BA$2.55
570 N El Molino Ave, Unit 570570 N El Molino Ave1BR,1BA$2.40
570 Los Robles2BR/1.0BA2BR,1BA$2.97
2080 Raymond Ave12BR,1BA$2.75
735 Worcester Ave, Unit 3735 Worcester Ave2BR,1BA$2.86
Pasadena Gateway VillasC11BR,1BA$2.83
1353 N Los Robles Ave, Unit 1353A1353 N Los Robles Ave1BR,1BA$2.64
853-861 N Raymond Ave853 #21BR,1BA$2.85
1310 N Marengo Ave1310 N Marengo Ave1BR,1BA$3.02

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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

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 $1,942.

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 $4,697.

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 5 regular apartments in Prospect Park 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 Prospect Park?

Cheap apartments in Prospect Park have an average cost of $132 which is $4,565 cheaper than the average rent for all rentals in Prospect Park.

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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.