Living at NoHo
11059 McCormick St,
North Hollywood, CA 91601
$2,126 - $3,948 Total Monthly Price
Studio - 3 Beds
Rental Market Trends in Burbank, CA
What is the average rent in Burbank, CA?
$2,232/month
Average Rent
593 Sq Ft
Average Apartment Size
-0.7%
Decrease in the Last Year
As of March 2026, the average rent in Burbank, CA is $2,232 per month. This is 37% higher than the national average rent price of $1,626/month, making Burbank one of the most expensive cities in the US. When you rent an apartment in Burbank, you can expect to pay about $1,898 per month for a studio, $2,232 for a one-bedroom apartment, and around $2,893 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,824 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Burbank, CA?
In the past year, rent has decreased by 0.7%, which averages out to $15 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Burbank, CA
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
8%
$1,001 - $1,500/month
25%
$1,501 - $2,000/month
65%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Burbank?
Based on current rent prices, Rancho Adjacent, Ava and Vega are the most affordable neighborhoods in Burbank.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Burbank?
Based on current rent prices, Chandler Park, Northwest District and McNeil are the most expensive neighborhoods in Burbank.
Neighborhood
Average Rent
Average Sq Ft
Which Burbank neighborhoods have the most rentals available?
The neighborhoods in Burbank with the most apartments available are Northwest District, Chandler Park and McNeil .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Burbank, CA?
Because the average rent in Burbank is $2,232, you’ll want to make about $7,440 per month or $89,280 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Burbank, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Burbank, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,931/month
$2,457/month
One Bedroom
$1,844/month
$3,035/month
Two Bedroom
$2,295/month
$3,914/month
Three Bedroom
$2,716/month
$5,129/month
Nearby City Rent Trends
Apartment communities in Burbank we think you'll love
Property Management Companies in Burbank, CA
Bur-Cal Management Corp.
-
19
Communities
-
866
Units
-
4
Cities
16 Communities in Burbank
Greystar
-
3,475
Communities
-
956,724
Units
-
896
Cities
5 Communities in Burbank
Frost Chaddock Developers
-
17
Communities
-
716
Units
-
9
Cities
5 Communities in Burbank
SKY Properties Inc
-
15
Communities
-
376
Units
-
7
Cities
5 Communities in Burbank
North Oak Real Estate Investments Inc.
-
64
Communities
-
1,428
Units
-
15
Cities
4 Communities in Burbank
AvalonBay
-
194
Communities
-
70,427
Units
-
134
Cities
3 Communities in Burbank
Moss & Company
-
142
Communities
-
9,839
Units
-
35
Cities
3 Communities in Burbank
Walsh & Company
-
27
Communities
-
3,570
Units
-
21
Cities
3 Communities in Burbank
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.