Average Rent in Burbank, CA

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Current Versus Historical Burbank, CA Rents

Burbank rentals average $2,250 for a studio rental to $9,300 for a 4-bedroom rental. The median price of all currently available listings is $3,813, or roughly $4 per square feet.

For the apartment units and housing in December 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $23 (1.22%) year-over-year from $1,840 to $1,863. 1-bedroom rentals prices have increased by $391 (18.10%) year-over-year from $2,159 to $2,550. 2-bedroom rentals prices have increased by $667 (22.44%) year-over-year from $2,974 to $3,642. 3-bedroom rentals prices have increased by $1,158 (34.15%) year-over-year from $3,392 to $4,550. 4-bedroom rentals prices have increased by $3,278 (57.85%) year-over-year from $5,667 to $8,945. 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 5.89% this month. 1-bedroom rents have gone up by 9.68% this month. 2-bedroom rents have gone down by 0.38% this month. 3-bedroom rents have gone down by 5.50% this month. 4-bedroom rents have gone up by 4.66% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.06	$1,863	$1,840 (1.22%)	$1,692 (10.07%)
1 BR	$4.27	$2,550	$2,159 (18.10%)	$1,733 (47.12%)
2 BR	$3.70	$3,642	$2,974 (22.44%)	$2,616 (39.21%)
3 BR	$3.27	$4,550	$3,392 (34.15%)	$3,750 (21.33%)
4+ BR	$2.90	$8,945	$5,667 (57.85%)	$6,569 (36.18%)

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 $3,086, 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 $10,950 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 on par with the other cities nearby. One bedrooms are about 3.65% more affordable. Two bedrooms in Burbank, CA are about 4.05% more affordable. Finally, rent for three bedrooms are about 24.89% 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	$2,295	$2,350	$3,036	$3,086
Burbank, CA	$2,250	$2,600	$3,700	$3,813
Los Angeles, CA	$2,059	$2,695	$3,850	$4,500
West Hollywood, CA	$3,235	$3,600	$5,500	$5,075
Beverly Hills, CA	$2,195	$3,500	$6,325	$10,950

Top Neighborhoods Near Burbank

There are a total of 10 neighborhoods in or near Burbank. Some of these neighborhoods include Hollywood Studio District, Mid-Town North Hollywood, and Greater Wilshire. We've included all of these top 10 neighborhoods in or near Burbank, CA in the following chart.

The average rent for these 10 neighborhoods in or near Burbank, CA is currently around $5,650 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $5,650. Interestingly, the neighborhoods' average rent is higher than Burbank's average rent, which is only $3,813. Out of all the neighborhoods in or near Burbank, Hollywood Studio District has the most affordable average rent at $3,150 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
Hollywood Studio District, Los Angeles, CA	$1,795	$1,950	$3,150	$3,150
Mid-Town North Hollywood, Los Angeles, CA	$2,085	$2,491	$3,500	$3,598
Greater Wilshire, Los Angeles, CA	N/A	$2,600	$3,795	$4,000
Central Hollywood, Los Angeles, CA	N/A	$3,588	$4,376	$4,500
Mid-City West, Los Angeles, CA	$2,617	$3,200	$4,865	$5,300
Sherman Oaks, Los Angeles, CA	$1,995	$2,300	$3,048	$6,000
Hollywood Hills West, Los Angeles, CA	$2,059	$2,875	$4,050	$6,900
Studio City, Los Angeles, CA	N/A	$2,900	$3,950	$7,998
Hollywood United, Los Angeles, CA	N/A	$3,200	$5,425	$9,000
Bel Air-Beverly Crest, Los Angeles, CA	$2,495	$3,873	$8,500	$19,500

Top Counties Near Burbank

There are a total of 10 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 $8,250.

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	$3,650	$8,250

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 $3,813. 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 $2,250 and an average price per square feet of $4.06. 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 $2,600 and an average price per square feet of $4.27. There are a total of 17 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 $3,700 and an average price per square feet of $3.70. There are a total of 37 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 0.01%, one bedroom rental prices have changed by 0.18%, two bedroom rental prices have changed by 0.22%, and three bedroom rental prices have changed by 0.34% year-over-year.

What is a reasonable rent price in Burbank, CA?

A reasonable rent price in Burbank, CA is around $3,050/month. You can search for these reasonably priced rental listings on RentHop.