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 $46,499, lower than the Detroit average of $215,900.
The average cost of rent is $1,112/mo in Burbank, primarily driven by the current value of real estate in the Burbank area. While nearly 59.38% of residents own their homes outright in Burbank, 61.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Burbank is $3,803 per month. Households that rent pay about 29.23% of their income on rent here. Burbank's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Denby, Detroit, MI: equally priced homes
- Regent Park, Detroit, MI: equally priced homes
- Yorkshire Woods, Detroit, MI: less expensive homes
- Mohican Regent, Detroit, MI: less expensive homes
- East English Village, Detroit, MI: higher priced homes
- Finney, Grosse Pointe, MI: higher priced homes
- Conner, Detroit, MI: less expensive homes
- Pulaski, Detroit, MI: less expensive homes
- Morningside, Detroit, MI: higher priced homes
- Ravendale, Detroit, MI: equally priced homes
Neighborhoods with Similar Populations
- Sun City, Georgetown, TX: higher priced homes
- Wynken Blynken anchor Nod, Hialeah, FL: higher priced homes
- Downtown Pensacola, Pensacola, FL: higher priced homes
- Ballantyne East, Charlotte, NC: higher priced homes
- Windsor Spring, Hephzibah, GA: higher priced homes
- West End, Fontana, CA: higher priced homes
- Vistancia, Peoria, AZ: higher priced homes
- Sunset Heights, Orem, UT: higher priced homes
- St. Dennis, Louisville, KY: higher priced homes
- South Chicago, Chicago, IL: higher priced homes
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