Burbank, Los Angeles County, CA Rental Market Trends
The average rent for an apartment in Burbank is $2,431, a 8% increase compared to the previous year.
Average Rent in Burbank, Los Angeles County, CA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$2,431||8%||799 sq. ft.|
The average size for a Burbank, Los Angeles County, CA apartment is 799 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Burbank, Los Angeles County, CA Apartment Rent Ranges
- > $2,00065%
Burbank, Los Angeles County, CA Occupied Housing Units
- Renter-occupied Households39%
- Owner-occupied Households60%
17,284 or 39% of the households in Burbank, Los Angeles County, CA are renter-occupied while 26,241 or 60% are owner-occupied.
Average Rent in Burbank, Los Angeles County, CA By Neighborhood
|Lake View Terrace||$1,793|
The most affordable neighborhoods in Burbank are San Fernando, where the average rent goes for $1,513/month, Winnetka, where renters pay $1,526/mo on average, and Sunland, where the average rent goes for $1,571/mo. If you’re looking for other great deals, check out the listings from Mission Hills ($1,580), Panorama City ($1,591), and Sun Valley ($1,599), where the asking prices are below the average Burbank rent of $2,431/mo.
The most expensive neighborhoods in Burbank are Hidden Hills ($2,361), Valley Village ($2,399) and Toluka Lake ($2,400).
The most popular neighborhood in Burbank is Sherman Oaks, where there are 43 verified RENTCafé listings with an average rent of $2,062. Next up is North Hollywood, where apartments go for $2,024/month, followed by Van Nuys with $1,757 If you’re looking to rent in Burbank’s most popular neighborhoods, make sure to also check out Studio City, where renters pay $2,351 on average, and Canoga Park, where the average monthly rent is $1,922.
Burbank | Rent Comparison by Neighborhood
Rent in Arleta is 15% lower than in Canoga Park
Arleta rent is 33% lower than Burbank average
Canoga Park rent is 21% lower than Burbank average
How Burbank Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Burbank rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!