Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Pasadena

Learn about the people, housing, costs and businesses in Pasadena, Texas

Median Home$203,451
Median Rent$1,330/month
Population149,809
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services13% healthcare
Home Value Growth+5.0% over 2 years
Young Adults33% of residentswell above average
Homeowners55% of occupied units
NotableAmenity Score72/100 · highly walkable area
Pasadena
TX

Frequently Asked Questions

What are today's mortgage rates in Pasadena?

As of today, the 30-year fixed mortgage rate for Pasadena is approximately 6.880% (6.915% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Pasadena
What is the median home price in Pasadena?

The median home value in Pasadena is $203k. The median monthly rent is $1,330. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pasadena?

Home values in Pasadena have increased 5.0% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Pasadena?

Based on a typical all-in ownership cost of $1,196/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pasadena is $67k/year.

Calculate your buying power
What industries drive the economy in Pasadena?

The largest employment sectors in Pasadena are public administration (23%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.