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Rental Market Trends in Burbank, CA

What is the average rent in Burbank, CA?

$2,297/month

Average Rent

592 Sq Ft

Average Apartment Size

+3.4%

Increase in the Last Year

As of June 2025, the average rent in Burbank, CA is $2,297 per month. This is 41% higher than the national average rent price of $1,628/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 $1,927 per month for a studio, $2,297 for a one-bedroom apartment, and around $2,965 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,921 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,927/month
389 Sq Ft
One Bedroom
$2,297/month
592 Sq Ft
Two Bedroom
$2,965/month
898 Sq Ft
Three Bedroom
$3,921/month
1,222 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,568/month
578 Sq Ft
Two Bedroom
$3,941/month
975 Sq Ft
Three Bedroom
$5,575/month
1,547 Sq Ft
Four Bedroom
$13,082/month
2,978 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,214/month
596 Sq Ft
Two Bedroom
$3,348/month
965 Sq Ft
Three Bedroom
$4,605/month
1,430 Sq Ft
Four Bedroom
$2,522/month
660 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,268/month
450 Sq Ft
Two Bedroom
$3,748/month
1,153 Sq Ft
Three Bedroom
$5,061/month
1,450 Sq Ft
Four Bedroom
$4,792/month
1,520 Sq Ft

How much has average rent changed in Burbank, CA?

In the past year, rent has increased by 3.4%, which averages out to $78 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Burbank, CA
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Burbank, CA
Percentage*
Rent Range
0% Below $700/month
2% $700 - $1,000/month
9% $1,001 - $1,500/month
23% $1,501 - $2,000/month
66% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Burbank?

Based on current rent prices, Rancho Adjacent, Chandler Park and Ava are the most affordable neighborhoods in Burbank.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Rancho Adjacent
$2,018/month
587 Sq Ft
Chandler Park
$2,211/month
579 Sq Ft
Ava
$2,426/month
714 Sq Ft
McNeil
$2,477/month
704 Sq Ft
Northwest District
$2,621/month
591 Sq Ft
Vega
$2,830/month
677 Sq Ft

What are the most expensive neighborhoods in Burbank?

Based on current rent prices, Vega, Northwest District and McNeil are the most expensive neighborhoods in Burbank.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Vega
$2,830/month
677 Sq Ft
Northwest District
$2,621/month
591 Sq Ft
McNeil
$2,477/month
704 Sq Ft
Ava
$2,426/month
714 Sq Ft
Chandler Park
$2,211/month
579 Sq Ft
Rancho Adjacent
$2,018/month
587 Sq Ft

Which Burbank neighborhoods have the most rentals available?

The neighborhoods in Burbank with the most apartments available are McNeil, Northwest District and Vega .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
McNeil
$2,477/month
704 Sq Ft
Northwest District
$2,621/month
591 Sq Ft
Vega
$2,830/month
677 Sq Ft
Ava
$2,426/month
714 Sq Ft
Rancho Adjacent
$2,018/month
587 Sq Ft
Chandler Park
$2,211/month
579 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Burbank, CA?

Because the average rent in Burbank is $2,297, you’ll want to make about $7,656 per month or $91,872 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.

City

Burbank, CA

1,143 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Burbank, CA

Apartment Averages

Rancho Adjacent

Burbank, CA

Vega

Burbank, CA

Studio
$1,971/month
$1,572/month
One Bedroom
$1,873/month
$1,885/month
Two Bedroom
$2,303/month
$2,568/month
Three Bedroom
$2,709/month
$2,891/month
Search
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Nearby City Rent Trends

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Apartment communities in Burbank we think you'll love

Atrio Burbank Apartments

Atrio Burbank Apartments

1901 N Buena Vista St,
Burbank, CA 91504

1-4 Beds | $3,370 - $12,345

AVA Burbank

AVA Burbank

401 N Pass Ave,
Burbank, CA 91505

Studio - 3 Beds | $1,800 - $4,445

AVA Toluca Hills

AVA Toluca Hills

3600 Barham Blvd,
Los Angeles, CA 90068

Studio - 2 Beds | $1,869 - $4,205

Living at NoHo

Living at NoHo

11059 McCormick St,
North Hollywood, CA 91601

Studio - 3 Beds | $2,249 - $3,538

Property Management Companies in Burbank, CA

Bur-Cal Management Corp.
Bur-Cal Management Corp.
  • 10

    Communities

  • 551

    Units

  • 2

    Cities

9 Communities in Burbank
Frost Chaddock Developers
Frost Chaddock Developers
  • 20

    Communities

  • 780

    Units

  • 9

    Cities

8 Communities in Burbank
Greystar
Greystar
  • 3,269

    Communities

  • 908,540

    Units

  • 845

    Cities

5 Communities in Burbank
North Oak Real Estate Investments Inc.
North Oak Real Estate Investments Inc.
  • 60

    Communities

  • 1,288

    Units

  • 16

    Cities

5 Communities in Burbank
R.W. Selby & Company, Inc.
R.W. Selby & Company, Inc.
  • 30

    Communities

  • 4,787

    Units

  • 13

    Cities

4 Communities in Burbank
AvalonBay
AvalonBay
  • 232

    Communities

  • 78,946

    Units

  • 151

    Cities

3 Communities in Burbank
Walsh & Company
Walsh & Company
  • 27

    Communities

  • 3,554

    Units

  • 21

    Cities

3 Communities in Burbank
FPI Management
FPI Management
  • 613

    Communities

  • 104,121

    Units

  • 218

    Cities

2 Communities in Burbank

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United States California Burbank Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity