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These days, finding an affordable place to live in the Pasadena area can be challenging. Home prices in Pasadena are now at a median cost of $441,839, lower than the Maryland average of $450,578.
The average cost of rent is $1,952/mo in Pasadena, primarily driven by the current value of real estate in the Pasadena area. In Pasadena, 15.73% of households rent, and 23.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pasadena is $11,107 per month. Households that rent pay about 17.57% of their income on rent here. Pasadena’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Riviera Beach, MD: less expensive homes
- Lake Shore, MD: higher priced homes
- Severna Park, MD: higher priced homes
- Glen Burnie, MD: less expensive homes
- Curtis Bay, MD: less expensive homes
- Millersville, MD: higher priced homes
- Arnold, MD: higher priced homes
- Ferndale, MD: less expensive homes
- Gibson Island, MD: higher priced homes
- Crownsville, MD: higher priced homes
Cities with Similar Populations
- Tifton, GA: less expensive homes
- Syracuse, UT: higher priced homes
- Bel Air North, MD: equally priced homes
- Bell, CA: higher priced homes
- Bixby, OK: less expensive homes
- Brooklyn Center, MN: less expensive homes
- West Odessa, TX: less expensive homes
- West Chicago, IL: less expensive homes
- Santa Paula, CA: higher priced homes
- Pearl, MS: less expensive homes
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