Catalonia
111 N Madison Ave,
Pasadena, CA 91101
1-2 Beds | $3,430 - $6,840
Rental Market Trends in Pasadena, CA
What is the average rent in Pasadena, CA?
$2,333/month
Average Rent
661 Sq Ft
Average Apartment Size
+1.1%
Increase in the Last Year
As of December 2024, the average rent in Pasadena, CA is $2,333 per month. This is 50% higher than the national average rent price of $1,560/month, making Pasadena one of the most expensive cities in the US. When you rent an apartment in Pasadena, you can expect to pay about $1,926 per month for a studio, $2,333 for a one-bedroom apartment, and around $2,991 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,594 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Pasadena, CA?
In the past year, rent has increased by 1.1%, which averages out to $26 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Pasadena, CA
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
2%
$700 - $1,000/month
17%
$1,001 - $1,500/month
30%
$1,501 - $2,000/month
50%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Pasadena?
Based on current rent prices, Catalina Villas, Normandie Heights and Villa Parke are the most affordable neighborhoods in Pasadena.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Pasadena?
Based on current rent prices, Playhouse Village, California Village and Old Town Pasadena are the most expensive neighborhoods in Pasadena.
Neighborhood
Average Rent
Average Sq Ft
Which Pasadena neighborhoods have the most rentals available?
The neighborhoods in Pasadena with the most apartments available are Old Town Pasadena, Playhouse Village and Lamanda Park .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Pasadena, CA?
Because the average rent in Pasadena is $2,333, you’ll want to make about $7,776 per month or $93,312 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Pasadena, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Pasadena, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$785/month
$1,985/month
One Bedroom
$1,139/month
$2,474/month
Two Bedroom
$1,282/month
$3,206/month
Three Bedroom
$1,499/month
$3,752/month
Nearby City Rent Trends
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Property Management Companies in Pasadena, CA
Greystar
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3,191
Communities
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884,510
Units
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829
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12 Communities in Pasadena
FPI Management
-
596
Communities
-
103,744
Units
-
214
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2 Communities in Pasadena
Moss & Company
-
119
Communities
-
8,397
Units
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34
Cities
2 Communities in Pasadena
David N. Schultz Incorporated
-
10
Communities
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179
Units
-
5
Cities
2 Communities in Pasadena
Bell Partners
-
253
Communities
-
80,747
Units
-
134
Cities
1 Community in Pasadena
Windsor Communities
-
140
Communities
-
44,447
Units
-
74
Cities
1 Community in Pasadena
Essex
-
148
Communities
-
45,801
Units
-
66
Cities
1 Community in Pasadena
Fairfield
-
102
Communities
-
27,948
Units
-
65
Cities
1 Community in Pasadena
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.