Burbank, IL Rental Market Trends
The average rent for an apartment in Burbank is $980, a 7% increase compared to the previous year, when the average rent was $917.
Average Rent in Burbank, IL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$980||7%||781 sq. ft.|
The average size for a Burbank, IL apartment is 781 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, IL Apartment Rent Ranges
Burbank, IL Occupied Housing Units
- Renter-occupied Households25%
- Owner-occupied Households74%
2,329 or 25% of the households in Burbank, IL are renter-occupied while 6,868 or 74% are owner-occupied.
Burbank, IL Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
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!