Cheap Apartments for Rent in the Downtown Burbank Neighborhood of Burbank, CA from $600 (158 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Burbank area of Burbank.

property at 206 W Cedar Ave
$1,375

Total Monthly Price

Base Rent$1,375
Total Monthly Price$1,375
Studio, 1 Bath Home for Rent
Available Now
Affordability

206 W Cedar Ave

BurbankCA91502
property at 1437 Broadway
$1,575

Total Monthly Price

Base Rent$1,575
Total Monthly Price$1,575
4 Bedroom, 2 Bath Home for Rent
Available Now
Furnished

1437 Broadway

BurbankCA91504

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501 E Magnolia Blvd
$2,200 - $2,750

Total Monthly Price

Base Rent$2,200 - $2,750
Total Monthly Price$2,200 - $2,750
1 to 2 Bedroom Apartment Available Now

501 E Magnolia Blvd

501 E Magnolia BlvdBurbank, CA 91501
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506 E Palm Ave
Studio to 2 Bedroom Apartments

506 E Palm Ave

506 E Palm AveBurbank, CA 91501
  • Utilities Included

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Downtown Burbank, Burbank, CA Local Guide

Cheapest Available Downtown Burbank Apartments for Rent

 

The cheapest available apartment rental in the Downtown Burbank area of Los Angeles, CA is a Studio unit found at Lake Street Apartments priced from $1,650. Park Verdugo Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,725. Here are the most affordable Downtown Burbank apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Lake Street Apartments0BR/1.0BAStudio,1BA$1,650
Park Verdugo Apartments0BR/1.0BAStudio,1BA$1,725
Citra ApartmentsStudioStudio,1BA$1,795
#1391BR/1.0BA1BR,1BA$1,800
Lake1BR/1.0BA1BR,1BA$1,845
324 E Santa Anita AveOne Bedroom1BR,1BA$1,850
Olive Plaza Senior Apartments 55+1bd/1ba1BR,1BA$1,875
204 W Verdugo AveOne-Bedroom1BR,1BA$1,885

Best Value Apartments for Rent in Downtown Burbank, CA

As of September 12, 2026 the best value apartment in the Downtown Burbank area is the $2.51 price per square foot 2 Bedrooms + 2 Baths Model at 445 E Magnolia Blvd in the in the Burbank neighborhood starting from $3,138. The second greatest value Downtown Burbank apartment is the LOGGIA APTS Model at Loggia Apartments starting at $2,650 with a $2.41 price per square foot in the Burbank neighborhood. Here is today’s list of the best values for Downtown Burbank apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
445 E Magnolia Blvd2 Bedrooms + 2 Baths2BR,2BA$2.51
Loggia ApartmentsLOGGIA APTS2BR,2BA$2.41
Burbank Tropicana2BR/1BA2BR,1BA$2.10
615 E Providencia Ave2x12BR,1BA$2.33
1157 Alameda Ave2x2.52BR,2.5BA$2.47
1169 W Alameda Ave2BR/1.0BA2BR,1BA$2.44
215 E Elmwood AveUnavailable1BR,1BA$2.33
928 W Angeleno Ave928 W Angeleno Ave1BR,1BA$1.78
324 E Santa Anita AveOne Bedroom1BR,1BA$2.47
Lake1BR/1.0BA1BR,1BA$2.59

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Burbank, Burbank, CA

Ranked #1

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Burbank, Burbank, CA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown Burbank, Burbank, and the greater Los Angeles area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Burbank Apartments

What is a cheap apartment in Downtown Burbank?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Burbank is under $1,885.

What is the price of a cheap apartment in Downtown Burbank?

The cheapest apartment in Downtown Burbank is #139 which is listed at $1,800, while the average apartment in Downtown Burbank costs $2,990.

What types of apartments are the cheapest in Downtown Burbank?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Downtown Burbank that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Burbank?

Cheap apartments in Downtown Burbank have an average cost of $106 which is $2,884 cheaper than the average rent for all rentals in Downtown Burbank.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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