Average Rent in Pasadena, CA

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Current Versus Historical Pasadena, CA Rents

Pasadena rentals average $2,400 for a studio rental to $6,450 for a 4-bedroom rental. The median price of all currently available listings is $3,402, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $486 (24.75%) year-over-year from $1,964 to $2,450. 1-bedroom rentals prices have increased by $523 (22.10%) year-over-year from $2,364 to $2,887. 2-bedroom rentals prices have increased by $322 (9.66%) year-over-year from $3,328 to $3,650. 3-bedroom rentals prices have increased by $400 (9.76%) year-over-year from $4,100 to $4,500. 4-bedroom rentals prices have increased by $90 (1.42%) year-over-year from $6,360 to $6,450. 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 up by 4.11% this month. 1-bedroom rents have gone up by 7.30% this month. 2-bedroom rents have gone up by 2.84% this month. 3-bedroom rents have gone down by 3.05% this month. 4-bedroom rents have gone down by 9.90% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.57 $2,450 $1,964 (24.75%) $2,456 (-0.26%)
1 BR $3.75 $2,887 $2,364 (22.10%) $1,978 (45.91%)
2 BR $3.20 $3,650 $3,328 (9.66%) $2,886 (26.46%)
3 BR $2.90 $4,500 $4,100 (9.76%) $3,174 (41.77%)
4+ BR $2.66 $6,450 $6,360 (1.42%) $6,398 (0.82%)

Historical Rents in Pasadena, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Pasadena

There are a total of 2 cities nearby Pasadena. The average rent in Pasadena is currently $3,660 per month. Only one city nearby has an average rent lower than that. Our records show that Glendale, CA, with an average rent of $3,395, is the most affordable city nearby. In contrast, the most expensive city near Pasadena, CA is Burbank, CA. Monthly rents here are on average $3,925 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 52.19% more expensive than other cities nearby. One bedrooms are about 9.38% more expensive. Two bedrooms in Pasadena, CA are about 1.43% more expensive. Finally, rent for three bedrooms are about 4.79% more expensive. Want more information? Check out the top 2 cities near Pasadena, CA in the following chart.
City Studio 1 Bed 2 Bed All
Glendale, CA $2,295 $2,392 $3,200 $3,395
Burbank, CA N/A $2,424 $3,700 $3,925

Top Neighborhoods Near Pasadena

There are a total of 7 neighborhoods in or near Pasadena. Some of these neighborhoods include Wilshire Center - Koreatown, Historic Cultural, and Congress North. We've included all of these top 7 neighborhoods in or near Pasadena, CA in the following chart.

The average rent for these 7 neighborhoods in or near Pasadena, CA is currently around $3,243 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $3,243. Out of all the neighborhoods in or near Pasadena, Wilshire Center - Koreatown has the most affordable average rent at $2,528 per month. Whereas, at $8,995 average rent per month, Hollywood United 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 $1,964 $2,468 $3,200 $2,528
Historic Cultural, Los Angeles, CA $2,060 $2,402 $3,380 $2,760
Congress North, Los Angeles, CA N/A $1,900 $2,610 $2,995
Downtown Los Angeles, Los Angeles, CA $2,103 $2,895 $4,280 $3,243
Greater Wilshire, Los Angeles, CA N/A $2,675 $3,823 $4,085
Central Hollywood, Los Angeles, CA N/A $3,588 $4,750 $4,323
Hollywood United, Los Angeles, CA N/A $3,100 $6,500 $8,995

Top Counties Near Pasadena

There are a total of 7 counties located by Pasadena, CA. The average rent for rentals in these counties is $4,300. 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 $4,300. Vice versa, with an average rent of $4,300, Los Angeles, CA is the most expensive county by Pasadena, CA.

Typically, rent for studios in Pasadena, CA is 13.13% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Pasadena, CA is 1.22% more expensive than other counties nearby. Finally, rent for two bedrooms in Pasadena, CA is 4.29% 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 $2,085 $2,625 $3,650 $4,300

Top Zipcodes Near Pasadena



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

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 $3,402. 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 $2,400 and an average price per square feet of $4.57. There are a total of 4 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 $2,657 and an average price per square feet of $3.75. There are a total of 37 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 $3,500 and an average price per square feet of $3.20. There are a total of 47 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 0.25%, one bedroom rental prices have changed by 0.22%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Pasadena, CA?
A reasonable rent price in Pasadena, CA is around $2,721/month. You can search for these reasonably priced rental listings on RentHop.
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