Altadena renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Altadena is about $1,876 per month. This puts it in the 75th percentile compared to the state average cost of rent, which is $1,958. Households in Altadena have a median income of $10,707 per month so the average renter in Altadena is spending roughly 18% of their earnings on housing.
Nationally, and in Altadena, home values are the data point most closely correlated with the cost of rent. The median price of a home in Altadena is $891,087 right now, which is lower than nearby cities, meaning that rents in Altadena also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Altadena while lower rent rates are often available in southwestern areas.
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