Pasadena, Maryland Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Pasadena, Maryland rental market.
Pasadena, Maryland
Average Apartment Rent
$2,253
Y-o-Y Change in Average
Apartment Rent
-0.3%
As of March 2026
Compared to a year ago, Pasadena, Maryland apartments have recorded a -0.3% rent decrease.
Pasadena, Maryland Average apartment rent trend
Pasadena, Maryland Average Apartment Rent
Pasadena, Maryland Apartment rent ranges
At 53.8%, apartments priced $2,000 - $2,500 represent the bulk of Pasadena, Maryland rentals, while condos priced Over $3,000 hold the lowest share of the market – 1.31%.
Pasadena, Maryland Housing tenure**
Renters take up 19% of Pasadena, Maryland real estate, occupying a total of 2,335 units, while homeowners live in 9,859 properties.
Median number of rooms of renter-occupied housing units**
5.1
Renter median household income**
$97,689
Average household size of renter-occupied housing units**
2.42
Rental vacancy rate**
1.4%
Pasadena, Maryland Renter-occupied housing units by no. of bedrooms**
There are 830 rentals in Pasadena, Maryland with 2 beds making up the highest share of the market, at 36%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 46 units. Overall, the median number of rooms in Pasadena, Maryland homes for rent is 5.1.
Pasadena, Maryland Renter-occupied units by age of householder**
Most condos for rent in Pasadena, Maryland are occupied by residents in the 25 - 34 years age group (38%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 2%.
Pasadena, Maryland Renter-occupied housing units by family type**
Pasadena, Maryland Renter-occupied housing units by the presence of own children**
A total of 1,288 apartments for rent in Pasadena, Maryland, or 55% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 779 units. All in all, the median size of a renter-occupied household in Pasadena, Maryland is 2.42.
Pasadena, Maryland Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 34% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Pasadena, Maryland.
Pasadena, Maryland Renter-occupied units by year structure built**
The highest share of Pasadena, Maryland apartment rentals, namely 50% or 1,170 units, were Built 2010 - 2019, followed by those Built 1980 - 1989 (15%, 349 units), and the ones Built 2000 - 2009 (10%, 236 units).
Pasadena, Maryland Renter-occupied units by year householder moved in**
Pasadena, Maryland Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Pasadena, Maryland renters have 2 vehicles available per household, 29% of them have 1 vehicle available, and 26% have 3 or more vehicles available.
Pasadena, Maryland Means of transportation to work of householders living in renter-occupied housing units**
Pasadena, Maryland Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Pasadena, Maryland apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
