Apartments in Magnolia Park Burbank

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Burbank:
September Rent Report

Welcome to the September 2026 Burbank Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 2026 key findings and figures for the Burbank rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Burbank and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Burbank average rent prices in the chart below.

Monthly Rent Report

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1 BR       2 BR

Burbank Rent Prices Decrease From August to September

Burbank rent prices decreased over the last month. From August to September, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Burbank one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from August to September, Burbank experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Burbank two-bedroom apartments currently stands at $.

September Prices: Burbank vs. Surrounding Areas

Rent Prices in Burbank and Surrounding Areas

Rent prices have decreased in Burbank over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Burbank suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Burbank suburbs

  • Rents did not decrease in any of the Burbank suburbs.

September 2026 Pricing Trends: Burbank vs. National Comparisons

Burbank Rent Prices More Affordable Than Major Cities

Rent growth in Burbank over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Burbank average rent prices appear to be relatively affordable for local residents.

The price for a Burbank one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Burbank and surrounding area rent prices, take a look at the complete data set below.

Data set for Burbank and suburbs

1 BR September 1 BR M/M % Change 2 BR September 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.