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Rental market trends in Burbank, CA

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Average Rent in Burbank, CA

Average Rent in Burbank, CA

Avg. RentAnnual Change
Studio - $1,785-35%
1 Bed - $2,359-19%
2 Beds - $3,192-10%
Last updated 3/2/2024

Average Apartment Cost in Burbank, CA

The average rent for apartments in Burbank, CA, is between $1,785 and $3,192 in 2024. For a studio apartment in Burbank, CA, the average rent is $1,785. When it comes to 1-bedroom apartments, the average rent in Burbank, CA, is $2,359. For a 2-bedroom apartment, the average rent is $3,192.

Apartment Rent Ranges in Burbank, CA

Apartment PricesProportion
0%
0%
2%
21%
77%

Neighborhood Apartment Rent Trends in Burbank, CA

NeighborhoodStudio Avg RentAnnual Change
Northwest District$2,939-9%
Chandler Park$1,950--
Media Center$1,800-5%
Mcneil$1,785-37%
Hillside District$1,720--
Rancho Adjacent$1,650--
Neighborhood1 Bed Avg RentAnnual Change
Magnolia Park$2,400+12%
Mcneil$2,396-10%
Chandler Park$2,375--
Hillside District$2,350+9%
Northwest District$2,300-24%
Neighborhood2 Beds Avg RentAnnual Change
Hillside District$3,463+1%
Dowtown Burbank$3,454+5%
Magnolia Park$3,400--
Northwest District$3,200-14%
Mcneil$3,055-1%
Chandler Park$2,795--
Rancho Adjacent$2,700--

How Other Cities Compare to Burbank, CA

CityStudio Avg RentAnnual Change
Santa Monica$2,818-11%
Irvine$2,666+2%
Hollywood$2,560+6%
Woodland Hills$2,433+28%
Marina Del Rey$2,423+6%
Studio City$2,245+15%
Beverly Hills$2,195--
Costa Mesa$2,148-5%
Thousand Oaks$2,141--
Los Angeles$2,118-9%
West Hollywood$2,095-13%
Fullerton$2,036-2%
Northridge$2,035+29%
North Hollywood$2,025-6%
Huntington Beach$1,997-12%
Anaheim$1,992+8%
Rancho Cucamonga$1,973-3%
Long Beach$1,750-12%
City1 Bed Avg RentAnnual Change
Culver City$3,727-8%
Santa Monica$3,521-7%
West Hollywood$3,397-5%
Marina Del Rey$3,260-2%
Irvine$2,967+5%
Studio City$2,755+14%
Thousand Oaks$2,747-11%
Woodland Hills$2,704-1%
Hollywood$2,698-18%
Los Angeles$2,614-5%
Costa Mesa$2,547+3%
Beverly Hills$2,495-20%
Huntington Beach$2,476+2%
Fullerton$2,397+2%
Northridge$2,385-5%
North Hollywood$2,382-9%
Rancho Cucamonga$2,355+3%
Long Beach$2,230-14%
Anaheim$2,055+5%
West Los Angeles$2,000--
Lancaster$1,882+11%
Corona$1,862-21%
City2 Beds Avg RentAnnual Change
Playa Vista$5,437-2%
Santa Monica$4,649-10%
West Hollywood$4,595-6%
Marina Del Rey$4,139+2%
Culver City$4,131-9%
Hollywood$3,845-11%
Beverly Hills$3,799-10%
Los Angeles$3,700-3%
Irvine$3,580+4%
Studio City$3,422+4%
Woodland Hills$3,358+1%
Costa Mesa$3,270+7%
Thousand Oaks$3,246-5%
Huntington Beach$2,9500%
Fullerton$2,937+4%
North Hollywood$2,925-9%
Rancho Cucamonga$2,896-2%
Long Beach$2,885-10%
Northridge$2,852-2%
Anaheim$2,550+6%
Lancaster$2,312+13%
Corona$2,310-14%

Burbank, CA Rent Trends

Studio1 Bed2 Beds
Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024
$1995$1995$1995$1969$1830$1883$1873$1898$1860$1923$1929$1823$1975
$2905$2828$2808$2571$2523$2889$2847$2837$2729$2373$2442$2400$2374
$3520$3673$3645$3553$3414$3624$3574$3568$3480$3204$3217$3191$3257
$3870$5870$4457$4382$3997$4470$4943$5416$5416$5416$5416$5416$5416

Neighborhood Information for Burbank, CA

What are the most affordable neighborhoods in Burbank, CA?

The most affordable neighborhoods in Burbank are Rancho Adjacent, where the average 1-bedroom apartment rent goes for $1,950, Media Center, where renters pay $2,100 on average for a 1-bedroom apartment, and Northwest District, where the average 1-bedroom apartment rent goes for $2,300. If you're looking for other great deals, check out the listings in Hillside District ($2,350 for a 1-bedroom apartment) or Chandler Park ($2,375 for a 1-bedroom apartment), compared to the $2,359 average for a Burbank 1-bedroom apartment.

What are the most expensive neighborhoods in Burbank, CA?

The most affordable neighborhoods in Burbank are Dowtown Burbank, where the average 1-bedroom apartment rent goes for $2,699, Magnolia Park, where renters pay $2,400 on average for a 1-bedroom apartment, and Mcneil, where the average 1-bedroom apartment rent goes for $2,396. If you're looking for other great deals, check out the listings in Chandler Park ($2,375 for a 1-bedroom apartment) or Hillside District ($2,350 for a 1-bedroom apartment), compared to the $2,359 average for a Burbank 1-bedroom apartment.

What are the most popular neighborhoods in Burbank, CA?

The most popular neighborhoods in Burbank are Media Center, where the average 1-bedroom apartment rent goes for $2,100, Mcneil, where renters pay $2,396 on average for a 1-bedroom apartment, and Rancho Adjacent, where the average 1-bedroom apartment rent goes for $1,950. If you're looking for other popular neighborhoods, check out the listings in Magnolia Park ($2,400 for a 1-bedroom apartment) or Chandler Park ($2,375 for a 1-bedroom apartment), compared to the $2,359 average for a Burbank 1-bedroom apartment.

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