Average Rent in Burbank, CA

Home » CA » Burbank » Burbank

Current Versus Historical Burbank, CA Rents

Burbank rentals average $0 for a studio rental to $9,500 for a 4-bedroom rental. The median price of all currently available listings is $3,794, or roughly $4 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $395 (22.19%) year-over-year from $1,780 to $2,175. 1-bedroom rentals prices have increased by $318 (14.91%) year-over-year from $2,132 to $2,450. 2-bedroom rentals prices have increased by $717 (24.02%) year-over-year from $2,983 to $3,700. 3-bedroom rentals prices have increased by $758 (17.88%) year-over-year from $4,242 to $5,000. 4-bedroom rentals prices have increased by $3,833 (67.65%) year-over-year from $5,667 to $9,500. 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 up by 19.72% this month. 1-bedroom rents have gone up by 11.86% this month. 2-bedroom rents have gone down by 5.08% this month. 3-bedroom rents have gone down by 2.91% this month. 4-bedroom rents have gone up by 15.41% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$3.89	$2,450	$2,132 (14.91%)	$1,708 (43.39%)
2 BR	$3.34	$3,700	$2,983 (24.02%)	$2,531 (46.20%)
3 BR	$3.44	$5,000	$4,242 (17.88%)	$3,375 (48.15%)
4+ BR	$2.75	$9,500	$5,667 (67.65%)	$6,952 (36.65%)

Historical Rents in Burbank, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Burbank

There are a total of 5 cities nearby Burbank. The average rent in Burbank is currently $4,500 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Glendale, CA, with an average rent of $3,700, 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 $12,000 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 inf% more affordable than other cities nearby. One bedrooms are about 10.42% more affordable. Two bedrooms in Burbank, CA are about 5.45% more affordable. Finally, rent for three bedrooms are about 4.76% more affordable. Want more information? Check out the top 5 cities near Burbank, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Glendale, CA	$2,298	$2,390	$3,300	$3,700
Burbank, CA	N/A	$2,400	$3,663	$3,794
Los Angeles, CA	$2,085	$2,650	$3,863	$4,500
West Hollywood, CA	$3,125	$3,906	$5,324	$5,471
Beverly Hills, CA	$2,499	$4,173	$6,300	$12,000

Top Neighborhoods Near Burbank

There are a total of 11 neighborhoods in or near Burbank. Some of these neighborhoods include Van Nuys, Mid-Town North Hollywood, and Greater Wilshire. We've included all of these top 11 neighborhoods in or near Burbank, CA in the following chart.

The average rent for these 11 neighborhoods in or near Burbank, CA is currently around $5,395 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $5,395. Interestingly, the neighborhoods' average rent is higher than Burbank's average rent, which is only $3,794. Out of all the neighborhoods in or near Burbank, Van Nuys has the most affordable average rent at $3,250 per month. Whereas, at $19,725 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
Van Nuys, Los Angeles, CA	$1,673	$1,895	$2,698	$3,250
Mid-Town North Hollywood, Los Angeles, CA	$2,090	$2,326	$3,456	$3,725
Greater Wilshire, Los Angeles, CA	N/A	$2,300	$3,760	$3,999
Central Hollywood, Los Angeles, CA	N/A	$3,517	$4,457	$4,426
Silver Lake, Los Angeles, CA	N/A	$3,000	$4,500	$4,750
Mid-City West, Los Angeles, CA	$2,673	$3,250	$4,583	$5,395
Sherman Oaks, Los Angeles, CA	$1,711	$2,446	$3,350	$5,898
Hollywood Hills West, Los Angeles, CA	$1,938	$2,895	$4,250	$7,495
Studio City, Los Angeles, CA	N/A	$2,900	$3,800	$8,873
Hollywood United, Los Angeles, CA	$1,750	$3,000	$5,380	$8,995
Bel Air-Beverly Crest, Los Angeles, CA	$2,313	$3,750	$9,200	$19,725

Top Counties Near Burbank

There are a total of 11 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 is one zipcode in or near Burbank, CA. The average rent for this zipcode is $9,498.

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

Zipcode	Studio	1 Bed	2 Bed	All
91604, Los Angeles, CA	N/A	$2,900	$3,800	$9,498

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 $3,794. 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 $0 and an average price per square feet of $0.00. There are a total of 1 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 $2,400 and an average price per square feet of $3.89. There are a total of 23 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 $3,663 and an average price per square feet of $3.34. There are a total of 40 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 0.22%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.24%, and three bedroom rental prices have changed by 0.18% year-over-year.

What is a reasonable rent price in Burbank, CA?

A reasonable rent price in Burbank, CA is around $3,035/month. You can search for these reasonably priced rental listings on RentHop.