Home prices
The median home in Pasadena costs $314,400. In comparison to its surrounding areas this is approximately $25,940 (7%) lower.It is roughly $96,900 (44%) higher in comparison to the rest of the country, and it is about $287,100 (47%) lower compared to the city of Washington.
Rents
In Pasadena the median monthly rent is $1,792. Compared to nearby areas this is roughly $196 (12%) higher.In comparison to the entire nation it is roughly $730 (68%) higher, and in comparison to the city of Washington is about $251 (16%) higher.
Nearby places
Riviera Beach
Riviera Beach is Pasadena's neighbor to the east. Its real estate prices are a bit less expensive. The median home in Riviera Beach costs $268,100, which is $46,300 (17%) lower than Pasadena. Rent there is fairly similar. In Riviera Beach the median rent is $1,801 a month, which is very similar to Pasadena.
Glen Burnie
Glen Burnie is Pasadena's neighbor to the west. The housing prices there are a little less expensive. The median home price in Glen Burnie is $256,500, which works out to $57,900 (22%) lower than Pasadena. Rents there are significantly less expensive. The median monthly rent in Glen Burnie is $1,320, which works out to $472 (35%) lower than Pasadena.
Lake Shore
Lake Shore is Pasadena's neighbor to the southeast. Its housing prices are a little more expensive. The median home in Lake Shore is valued at $382,500, which is $68,100 (17%) higher than Pasadena. Rents there are similar. The median monthly rent in Lake Shore is $1,737, which comes out to $55 (3%) lower than Pasadena.
Severna Park
Severna Park is Pasadena's neighbor to the south. The real estate prices there are a lot more expensive. The median home in Severna Park is valued at $546,800, which comes out to $232,400 (42%) higher than Pasadena. Its rents are pretty similar. The median rent in Severna Park is $1,744 per month, which works out to $48 (2%) lower than Pasadena.
Ferndale
Ferndale is roughly 4 miles northwest of Pasadena. Its housing prices are a little less expensive. The median home in Ferndale is valued at $247,800, which works out to $66,600 (26%) lower than Pasadena. Rent there is a bit less expensive. Ferndale's median rent is $1,378 a month, which comes out to $414 (30%) lower than Pasadena.