Average Rental Rates in Burbank, CA
In order to provide you with the most relevant information during your apartment search in Burbank, California, the following summary offers up-to-date statistics regarding average rental rates as of May 2010. These averages were generated using 942 applicable apartment listings that were posted throughout this month in Burbank. The average price of a studio apartment in Burbank is $1,198. A one bedroom apartment has an average list price of $1,349. If you’re interested in an apartment with several rooms in Burbank, then, on average, a two bedroom rental will cost you $1,821. Average rent for a three bedroom apartment is $2,723.
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Average Rents for Locations Near Burbank, CA
If you’re a potential renter who enjoys everything that Burbank, California, has to offer, but would rather find a place to rent that’s outside the city, then you’ll want to know the May average rental rates of listings near Burbank. You can get a better idea of what it costs to rent two bedroom apartments in nearby communities by looking at the average rental rates of those locations. In Burbank, Ca, a two bedroom rental will on average cost $1,821. Maybe you’d rather live in North Hollywood, Ca, where the average price of a two bedroom apartment costs $1,624. Studio City, Ca is another alternative. The average price of a two bedroom rental in Studio City, Ca is $2,246. In Valley Village, Ca, the average price of a two bedroom rental runs $1,640. The neighboring community of Hollywood, Ca has an average rental price of $975 for a two bedroom rental. Also nearby is Sun Valley, Ca. The average cost of a two bedroom rental property in Sun Valley, Ca is $1,349. Another potential option is West Hollywood, Ca, where a two bedroom rental has an average cost of $2,803. You can also try Glendale, Ca. The average price of a two bedroom apartment in Glendale, Ca is $1,672.
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Burbank, CA, Rental History and Trends
According to rental history data, as of May, any changes to the average rental rates for Burbank, California, from December to May is reflected in the following averages. These average rates were generated using 3192 apartment listings that were posted throughout the past six months in Burbank. By having knowledge about cost changes over time and other trends could prove helpful during your search for the perfect property. The average rental rate in December was $1,869, as compared to one-month later during January, which was $1,792. In February, the average rental rate was $1,771 while in March the average rental price was $1,780. Most recently, in April and May, the average rental prices were $1,822 and $1,821, respectively.
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