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 $221,255, lower than the Illinois average of $242,002.
The average cost of rent is $1,274/mo in Burbank, primarily driven by the current value of real estate in the Burbank area. While nearly 39.58% of residents own their homes outright in Burbank, 20.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Burbank is $6,218 per month. Households that rent pay about 20.49% of their income on rent here. Burbank's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Bridgeview, IL: less expensive homes
- Hometown, IL: less expensive homes
- Oak Lawn, IL: equally priced homes
- Bedford Park, IL: equally priced homes
- Chicago Ridge, IL: less expensive homes
- Hickory Hills, IL: equally priced homes
- Justice, IL: less expensive homes
- Summit, IL: less expensive homes
- Evergreen Park, IL: equally priced homes
- Worth, IL: less expensive homes
Cities with Similar Populations
- Englewood, NJ: higher priced homes
- Hackettstown, NJ: higher priced homes
- Gulf Breeze, FL: higher priced homes
- Roslindale, MA: higher priced homes
- Glen Cove, NY: higher priced homes
- Smithtown, NY: higher priced homes
- South Lake Tahoe, CA: higher priced homes
- Sugar Hill, GA: higher priced homes
- Superior, WI: less expensive homes
- Haymarket, VA: higher priced homes
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