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These days, finding an affordable place to live in the Downtown Pasadena area can be challenging. Home prices in Downtown Pasadena are now at a median cost of $143,690, lower than the Pasadena average of $204,018.
The average cost of rent is $1,161/mo in Downtown Pasadena, primarily driven by the current value of real estate in the Downtown Pasadena area. In Downtown Pasadena, 70.44% of households rent, and 65.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Pasadena is $4,074 per month. Households that rent pay about 28.50% of their income on rent here. Downtown Pasadena’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Hubbell, Pasadena, TX: equally priced homes
- Houston Suburban Homes, Pasadena, TX: higher priced homes
- Downtown Jacinto City, Jacinto City, TX: equally priced homes
- Northshore, Houston, TX: higher priced homes
- Spencer View Terrace, Deer Park, TX: higher priced homes
- South Houston Gardens, Pasadena, TX: higher priced homes
- Pasadina, Houston, TX: higher priced homes
- East End, Houston, TX: higher priced homes
- Riviera East, Houston, TX: higher priced homes
- Southeast, Houston, TX: higher priced homes
Neighborhoods with Similar Populations
- Downtown Jamestown, Jamestown, NY: less expensive homes
- Boyd Acres, Bend, OR: higher priced homes
- fairwood, Spokane, WA: higher priced homes
- Athens, West Athens, CA: higher priced homes
- Western Hills Yarborough, Shreveport, LA: higher priced homes
- Rosemont, Orlando, FL: higher priced homes
- Robla, Sacramento, CA: higher priced homes
- Providence Crossing, Charlotte, NC: higher priced homes
- Fairview Shores, Orlando, FL: higher priced homes
- East Houston, Houston, TX: equally priced homes
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