- California
- Burbank
- Renter Market Trends
Rental market trends in Burbank, CA
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Average Apartment Cost in Burbank, CA
Apartment Rent Ranges in Burbank, CA
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 0% | 0% | 20% | 80% |
Neighborhood Apartment Rent Trends in Burbank, CA
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Rancho Adjacent | $2,350 | -- |
| Chandler Park | $1,975 | -- |
| Mcneil | $1,873 | +3% |
| Airport District | $1,550 | -- |
| Hillside District | $1,450 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Mcneil | $2,317 | -8% |
| Hillside District | $2,304 | +9% |
| Chandler Park | $1,950 | -- |
| Rancho Adjacent | $1,800 | -- |
| Airport District | $1,750 | -- |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Hillside District | $2,999 | -49% |
| Mcneil | $2,993 | +6% |
| Magnolia Park | $2,800 | +25% |
| Chandler Park | $2,585 | -24% |
| Rancho Adjacent | $2,350 | -- |
How Other Cities Compare to Burbank, CA
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Thousand Oaks | $2,340 | -- |
| Beverly Hills | $2,300 | +15% |
| West Hollywood | $2,250 | -9% |
| Hollywood | $2,149 | -17% |
| Los Angeles | $2,147 | -3% |
| Fullerton | $2,146 | -7% |
| Huntington Beach | $2,137 | +9% |
| Costa Mesa | $2,097 | 0% |
| Santa Ana | $2,048 | -19% |
| Studio City | $2,042 | +5% |
| Anaheim | $2,020 | +12% |
| Long Beach | $1,905 | +4% |
| Northridge | $1,903 | -8% |
| Rancho Cucamonga | $1,843 | -3% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Culver City | $3,817 | -4% |
| Irvine | $3,641 | +6% |
| Beverly Hills | $3,498 | +23% |
| West Hollywood | $3,295 | +3% |
| Santa Monica | $3,083 | -12% |
| Woodland Hills | $2,942 | +13% |
| Hollywood | $2,769 | -3% |
| Thousand Oaks | $2,694 | 0% |
| Costa Mesa | $2,667 | +6% |
| Studio City | $2,665 | +5% |
| Los Angeles | $2,660 | -1% |
| Santa Ana | $2,510 | -7% |
| Long Beach | $2,487 | -1% |
| West Los Angeles | $2,400 | -- |
| Northridge | $2,398 | +2% |
| Fullerton | $2,368 | -3% |
| Huntington Beach | $2,347 | 0% |
| Rancho Cucamonga | $2,326 | +7% |
| Pasadena | $2,250 | -6% |
| Anaheim | $2,078 | +2% |
| Lancaster | $1,779 | -11% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Santa Monica | $5,626 | +17% |
| Culver City | $4,622 | +25% |
| Irvine | $4,467 | +5% |
| Hollywood | $4,072 | -10% |
| Santa Ana | $3,930 | +13% |
| West Hollywood | $3,795 | -17% |
| Los Angeles | $3,631 | 0% |
| Woodland Hills | $3,494 | +6% |
| Costa Mesa | $3,464 | +12% |
| Studio City | $3,283 | +6% |
| Thousand Oaks | $3,036 | -9% |
| Fullerton | $2,956 | -1% |
| Huntington Beach | $2,937 | +3% |
| Northridge | $2,927 | +2% |
| Rancho Cucamonga | $2,885 | +6% |
| Long Beach | $2,882 | -11% |
| Pasadena | $2,844 | -20% |
| Anaheim | $2,659 | +3% |
| Lancaster | $2,001 | -9% |
Burbank, CA Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | Nov 2024 | Dec 2024 |
| $1923 | $1929 | $1823 | $1899 | $2005 | $2035 | $2077 | $2058 | $1931 | $1866 | $1901 | $1920 | $1985 |
| $2373 | $2442 | $2400 | $2471 | $2553 | $2414 | $2412 | $2293 | $2413 | $2211 | $2186 | $2286 | $2388 |
| $3204 | $3217 | $3191 | $3112 | $3048 | $3129 | $3210 | $3290 | $3147 | $3056 | $3210 | $3222 | $3285 |
| $5416 | $5416 | $5416 | $5416 | $5416 | $5416 | $5416 | $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 Airport District, where the average 1-bedroom apartment rent goes for $1,750, Rancho Adjacent, where renters pay $1,800 on average for a 1-bedroom apartment, and Chandler Park, where the average 1-bedroom apartment rent goes for $1,950. If you're looking for other great deals, check out the listings in Hillside District ($2,304 for a 1-bedroom apartment) or Mcneil ($2,317 for a 1-bedroom apartment), compared to the $2,266 average for an Burbank 1-bedroom apartment.
What are the most expensive neighborhoods in Burbank, CA?
The most expensive neighborhoods in Burbank are Mcneil, where the average rent for a 1-bedroom apartment is just $2,317. offering similar apartments at an average of Hillside District, $2,304, and Chandler Park, $1,950. For additional value-for-money options, consider Rancho Adjacent ($1,800 for a 1-bedroom apartment) or Airport District ($1,750 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Burbank average for a 1-bedroom apartment, which stands at $2,266.
What are the most popular neighborhoods in Burbank, CA?
The most popular neighborhoods in Burbank are Mcneil, where the average 1-bedroom apartment rent goes for $2,317, Rancho Adjacent, where renters pay $1,800 on average for a 1-bedroom apartment, and Chandler Park, where the average 1-bedroom apartment rent goes for $1,950. If you're looking for other popular neighborhoods, check out the listings in Airport District ($1,750 for a 1-bedroom apartment) or Hillside District ($2,304 for a 1-bedroom apartment), compared to the $2,266 average for an Burbank 1-bedroom apartment.
