$1,500 Per Month
- 1 Bed
- 1 Bath
- 600 Sq Ft
- Condo for Rent
204 Southwood Rd Unit A, Pasadena, MD 21122
Property Id: 2707757 This is an efficiency apartment in Pasadena, Maryland 600 Sq Ft. Couple $1600 Single Occupancy $1500
Frequently Asked Questions
How much does it cost to rent a condo in Pasadena, MD?
The median rent for a condo in Pasadena, MD is $1,935 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Pasadena, MD?
To comfortably afford the median rent in Pasadena, MD, a household needs to earn roughly $80,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,000 per month in Pasadena, MD, renters typically need to show $6,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Pasadena, MD?
In Pasadena, MD, the price-to-rent ratio is 19.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Pasadena, MD are best for renting a condo?
The best neighborhood for renting in Pasadena, MD depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Parole, West Annapolis-Wardour, Victor Haven, Fells Point and Riverside, each with its own character and price range.
