Average Rent in Burbank, CA

Current Versus Historical Burbank, CA Rents

Burbank rentals average $2,088 for a studio rental to $9,100 for a 4-bedroom rental. The median price of all currently available listings is $2,850, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $268 (18.35%) year-over-year from $1,458 to $1,725. 1-bedroom rentals prices have increased by $170 (8.59%) year-over-year from $1,980 to $2,150. 2-bedroom rentals prices have decreased by $263 (-8.47%) year-over-year from $3,100 to $2,838. 3-bedroom rentals prices have increased by $525 (12.00%) year-over-year from $4,375 to $4,900. 4-bedroom rentals prices have decreased by $2,863 (-32.31%) year-over-year from $8,863 to $6,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 6.17% this month. 1-bedroom rents have gone up by 4.07% this month. 2-bedroom rents have gone down by 3.62% this month. 3-bedroom rents have gone up by 34.31% this month. 4-bedroom rents have gone down by 4.76% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.10	$1,725	$1,458 (18.35%)	$1,308 (31.85%)
1 BR	$3.57	$2,150	$1,980 (8.59%)	$1,737 (23.78%)
2 BR	$2.83	$2,838	$3,100 (-8.47%)	$2,261 (25.51%)
3 BR	$3.34	$4,900	$4,375 (12.00%)	$3,666 (33.67%)
4+ BR	$2.50	$6,000	$8,863 (-32.31%)	$5,275 (13.74%)

Historical Rents in Burbank, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Burbank

There are a total of 4 cities nearby Burbank. The average rent in Burbank is currently $4,600 per month. Our records show that Glendale, CA, with an average rent of $2,963, is the most affordable city nearby. In contrast, the most expensive city near Burbank, CA is Beverly Hills, CA. Monthly rents here are on average $10,750 per month.

Let's compare Burbank, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Burbank, CA is 0.43% more affordable than other cities nearby. One bedrooms are about 20.86% more affordable. Two bedrooms in Burbank, CA are about 60.67% more affordable. Finally, rent for three bedrooms are about 1.90% more affordable. Want more information? Check out the top 4 cities near Burbank, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Glendale, CA	$2,121	$2,100	$2,963	$2,963
Los Angeles, CA	$1,995	$2,688	$3,955	$4,300
West Hollywood, CA	$2,750	$3,150	$5,950	$4,900
Beverly Hills, CA	$2,073	$3,325	$5,995	$10,750

Top Neighborhoods Near Burbank

There are a total of 5 neighborhoods in or near Burbank. Some of these neighborhoods include Mid-Town North Hollywood, Hollywood Hills West, and Mid-City West. We've included all of these top 5 neighborhoods in or near Burbank, CA in the following chart.

The average rent for these 5 neighborhoods in or near Burbank, CA is currently around $6,775 per month. Meaning, only five neighborhoods have a higher average rent than $6,775. Interestingly, the neighborhoods' average rent is higher than Burbank's average rent, which is only $2,850. Out of all the neighborhoods in or near Burbank, Mid-Town North Hollywood has the most affordable average rent at $3,061 per month. Whereas, at $19,500 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Burbank. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Mid-Town North Hollywood, Los Angeles, CA	$2,200	$2,625	$3,071	$3,061
Hollywood Hills West, Los Angeles, CA	$1,882	$2,282	$4,480	$6,450
Mid-City West, Los Angeles, CA	$1,675	$3,236	$5,800	$6,775
Sherman Oaks, Los Angeles, CA	$2,106	$1,995	$3,300	$7,495
Bel Air-Beverly Crest, Los Angeles, CA	N/A	$3,800	$6,250	$19,500

Top Counties Near Burbank

There are a total of 5 counties located by Burbank, CA.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Burbank

There are a total of 7 zipcodes in or near Burbank, CA. The average rent for all of these zipcodes is $7,000.

The following chart includes the top 7 zipcodes in Burbank, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
91601, Los Angeles, CA	$2,200	$2,704	$3,061	$3,154
90068, Los Angeles, CA	N/A	$2,748	$5,295	$9,947
90046, Los Angeles, CA	$1,882	$2,418	$4,675	$6,888
90028, Los Angeles, CA	$2,050	$2,310	$3,895	$3,151
90069, Los Angeles, CA	$3,299	$4,250	$7,250	$9,100
90210, Los Angeles, CA	N/A	$11,000	$17,250	$25,000
90048, Los Angeles, CA	$1,975	$3,295	$6,240	$7,000

Frequently Asked Questions - Burbank Average Rents

What is the average rent price in Burbank, CA?

The average monthly rental price for Burbank, CA apartments for rent is approximately $2,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Burbank, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Burbank, CA.

How much is a studio apartment in Burbank, CA?

The average monthly rental price for studio apartments is $2,088 and an average price per square feet of $5.10. There are a total of 2 studio apartment listings currently available for rent in Burbank.

How much is a one bedroom apartment in Burbank, CA?

The average monthly rental price for one bedroom apartments is $2,415 and an average price per square feet of $3.57. There are a total of 8 one bedroom apartment listings currently available for rent in Burbank.

How much is a two bedroom apartment in Burbank, CA?

The average monthly rental price for two bedroom apartments is $3,083 and an average price per square feet of $2.83. There are a total of 10 two bedroom apartment listings currently available for rent in Burbank.

How have rent prices in Burbank, CA changed this year?

Rent prices for rentals in Burbank, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.18%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by -0.08%, and three bedroom rental prices have changed by 0.12% year-over-year.

What is a reasonable rent price in Burbank, CA?

A reasonable rent price in Burbank, CA is around $2,280/month. You can search for these reasonably priced rental listings on RentHop.