Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Burbank area can be challenging. Home prices in Burbank are now at a median cost of $822,647, higher than the California average of $648,235.
The average cost of rent is $2,072/mo in Burbank, primarily driven by the current value of real estate in the Burbank area. While nearly 27.62% of residents own their homes outright in Burbank, 53.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Burbank is $7,827 per month. Households that rent pay about 26.48% of their income on rent here. Burbank's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- North Hollywood, CA: less expensive homes
- Valley Village, CA: equally priced homes
- Sun Valley, CA: less expensive homes
- Glendale, CA: equally priced homes
- Studio City, CA: higher priced homes
- La Crescenta, CA: less expensive homes
- Sunland, CA: less expensive homes
- Tujunga, CA: less expensive homes
- Montrose, CA: less expensive homes
- La Crescenta-Montrose, CA: higher priced homes
Cities with Similar Populations
- Norfolk, VA: less expensive homes
- Mechanicsburg, PA: less expensive homes
- Memphis, TN: less expensive homes
- McDonough, GA: less expensive homes
- Madison, AL: less expensive homes
- Mesa, AZ: less expensive homes
- Marysville, WA: less expensive homes
- Maryville, TN: less expensive homes
- Madison, WI: less expensive homes
- Merced, CA: less expensive homes
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