15 Apartments under 1400 for rent in Pasadena, CA

Last updated May 27 at 4:18pm UTC
Results within 5 miles of Pasadena, CA
3323 Cazador St
Glassell Park
Los Angeles, CA
Updated May 18 at 10:22am UTC
1 Bedroom
$1,395
Results within 10 miles of Pasadena, CA
City View at Downtown
1207 Miramar St
Los Angeles, CA
Updated May 27 at 12:42pm UTC
Studio
$1,356
1 Bedroom
Ask
1005 W 23rd St
Congress North
Los Angeles, CA
Updated May 26 at 9:49am UTC
Studio
$1,075
1026 Ingraham St
Westlake
Los Angeles, CA
Updated May 26 at 9:49am UTC
Studio
$1,295
816 S Park View
Pico Union
Los Angeles, CA
Updated May 25 at 4:50pm UTC
Studio
$1,199
5412 Carlton Way
Hollywood
Los Angeles, CA
Updated May 17 at 10:16am UTC
Studio
$1,295
2320 Ocean View Ave
Westlake
Los Angeles, CA
Updated May 17 at 10:13am UTC
Studio
$1,195
4348 Lockwood Ave.
Hollywood
Los Angeles, CA
Updated May 10 at 2:11pm UTC
Studio
$1,375
140 N Hoover Street
Westlake
Los Angeles, CA
Updated May 4 at 11:08am UTC
Studio
$1,395
10256 McClemont Ave
Tujunga
Los Angeles, CA
Updated April 30 at 1:27am UTC
1 Bedroom
$1,370
5260 Raber St
Highland Park
Los Angeles, CA
Updated May 3 at 1:55am UTC
Studio
$1,300
516 S Rampart Blvd
Westlake
Los Angeles, CA
Updated May 12 at 10:41am UTC
Studio
$1,300
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May 2018 Pasadena Rent Report

Welcome to the May 2018 Pasadena Rent Report. Pasadena rents declined over the past month. In this report, we'll evaluate trends in the Pasadena rental market, including comparisons to cities throughout the metro, state, and nation.

View full Pasadena Rent Report
Rent Report
Pasadena

May 2018 Pasadena Rent Report

Welcome to the May 2018 Pasadena Rent Report. Pasadena rents declined over the past month. In this report, we'll evaluate trends in the Pasadena rental market, including comparisons to cities throughout the metro, state, and nation.

Pasadena rents declined marginally over the past month

Pasadena rents have declined 0.1% over the past month, but have increased slightly by 1.1% in comparison to the same time last year. Currently, median rents in Pasadena stand at $1,600 for a one-bedroom apartment and $2,060 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in January. Pasadena's year-over-year rent growth lags the state average of 2.1%, as well as the national average of 1.5%.

Rents rising across the Los Angeles Metro

Throughout the past year, rent increases have been occurring not just in the city of Pasadena, but across the entire metro. Of the largest 10 cities that we have data for in the Los Angeles metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Garden Grove has seen the fastest rent growth in the metro, with a year-over-year increase of 5.3%. The median two-bedroom there costs $2,100, while one-bedrooms go for $1,630.
  • Over the past year, Huntington Beach has seen the biggest rent drop in the metro, with a decline of 0.2%. Median two-bedrooms there cost $2,380, while one-bedrooms go for $1,850.
  • Irvine has the most expensive rents of the largest cities in the Los Angeles metro, with a two-bedroom median of $2,680; rents went down 0.2% over the past month but rose 2.6% over the past year.
  • Lancaster has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,740; rents fell 0.1% over the past month but rose 5.1% over the past year.

Many large cities nationwide show more affordable rents compared to Pasadena

As rents have increased slightly in Pasadena, a few large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Pasadena is less affordable for renters.

  • Rents increased moderately in other cities across the state, with California as a whole logging rent growth of 2.1% over the past year. For example, rents have grown by 2.4% in San Jose, 1.9% in San Diego, and 1.3% in San Francisco.
  • Pasadena's median two-bedroom rent of $2,060 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 1.1% increase in Pasadena.
  • While Pasadena's rents rose slightly over the past year, many cities nationwide saw more substantial increases, including Houston (+3.1%), Phoenix (+2.3%), and Boston (+1.0%).
  • Renters will generally find more expensive prices in Pasadena than most large cities. For example, Houston has a median 2BR rent of $1,020, where Pasadena is more than twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Los Angeles $1,360 $1,740 0.1% 2.1%
Long Beach $1,370 $1,760 -0.1% 2.0%
Anaheim $1,640 $2,110 -0.3% 3.8%
Santa Ana $1,450 $1,860 -0.6% 1.8%
Irvine $2,080 $2,680 -0.2% 2.6%
Glendale $1,380 $1,770 0.8% -0.0%
Huntington Beach $1,850 $2,380 -0.9% -0.2%
Santa Clarita $1,980 $2,550 1.0% 4.8%
Garden Grove $1,630 $2,100 -0.1% 5.3%
Lancaster $1,350 $1,740 -0.1% 5.1%
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Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.