Cheap Apartments for Rent in the Magnolia Park Neighborhood of Burbank, CA from $1,700 (39 Rentals)

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

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Whitnall Park
1 to 3 Bedroom Apartments

Whitnall Park

632 N Whitnall HwyBurbank, CA 91505
  • Smoke Free
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341 N Florence St
2 to 3 Bedroom Apartments

341 N Florence St

341 N Florence StBurbank, CA 91505

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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540 N Clybourn Ave
1 to 2 Bedroom Apartments

540 N Clybourn Ave

540 N Clybourn AveBurbank, CA 91505
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550 N Clybourn Ave
1 to 2 Bedroom Apartments

550 N Clybourn Ave

550 N Clybourn AveBurbank, CA 91505
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2707 W Clark Ave
1 to 2 Bedroom Apartments

2707 W Clark Ave

2707 W Clark AveBurbank, CA 91505

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Parc Pointe Apartments
Studio to 3 Bedroom Apartments

Parc Pointe Apartments

620 N Hollywood WayBurbank, CA 91505
  • Utilities Included
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609 N Hollywood Way
Studio to 2 Bedroom Apartments

609 N Hollywood Way

605-609 N Hollywood WayBurbank, CA 91505
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Media Crest @ 701
1 to 2 Bedroom Apartments

Media Crest @ 701

701-711 N Hollywood WayBurbank, CA 91505
Student Housing
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400 N Hollywood Way
1 to 3 Bedroom Apartments

400 N Hollywood Way

400 N Hollywood WayBurbank, CA 91505
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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4401 W Verdugo Ave
Studio to 2 Bedroom Apartments

4401 W Verdugo Ave

4401 W Verdugo AveBurbank, CA 91505
  • Utilities Included
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1207 N Cordova St
1 Bedroom Apartments

1207 N Cordova St

1207 N Cordova StBurbank, CA 91505
  • Utilities Included
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1411 N Pepper St
1 to 2 Bedroom Apartments

1411 N Pepper St

1411 N Pepper StBurbank, CA 91505
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Regency At The Park
1 to 2 Bedroom Apartments

Regency At The Park

600 N Whitnall HwyBurbank, CA 91505
  • Utilities Included
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2708 W Clark Ave
1 to 2 Bedroom Apartments

2708 W Clark Ave

2708 W Clark AveBurbank, CA 91505
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Edison Apartments
Studio to 2 Bedroom Apartments

Edison Apartments

1321 N Edison BlvdBurbank, CA 91505

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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5121 Ledge Ave
3 Bedroom Apartments

5121 Ledge Ave

5121 Ledge AveNorth Hollywood, CA 91601
  • Utilities Included
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4837 Clybourn
Studio to 2 Bedroom Apartments

4837 Clybourn

4837 Clybourn AveNorth Hollywood, CA 91601
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Showing Results 1-39, Page 1 of 1

Magnolia Park, Burbank, CA Local Guide

Cheapest Available Magnolia Park Apartments for Rent

 

The cheapest available apartment rental in the Magnolia Park area of Los Angeles, CA is a Studio unit found at Parc Pointe Apartments priced from $1,925. Waterstone Media Center has the second lowest priced unit, which is a Studio apartment currently listed from $2,005. Here are the most affordable Magnolia Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Parc Pointe ApartmentsStudioStudio,1BA$1,925
Waterstone Media CenterStudio AStudio,1BA$2,005
Park Avenue Apartments1x11BR,1BA$2,193
hol5202BR/2.0BA2BR,2BA$3,000
Madison Toluca2 Bed 2 Bath2BR,2BA$3,027

Best Value Apartments for Rent in Magnolia Park, CA

As of May 12, 2026 the best value apartment in the Magnolia Park area is the $3.00 price per square foot 2BR/2.0BA Model at hol520 in the in the Toluca Woods neighborhood starting from $3,000. The second greatest value Magnolia Park apartment is the 842 N Screenland Dr Model at 842 N Screenland Dr, Unit #C starting at $2,795 with a $3.11 price per square foot in the Toluca Woods neighborhood. Here is today’s list of the best values for Magnolia Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
hol5202BR/2.0BA2BR,2BA$3.00
842 N Screenland Dr, Unit #C842 N Screenland Dr2BR,1BA$3.11
Madison Toluca2 Bed 2 Bath2BR,2BA$3.48
Park Avenue Apartments1x11BR,1BA$3.37
2518 W Chandler Blvd, Unit 25182518 W Chandler Blvd1BR,1BA$4.17
Waterstone Media CenterStudio AStudio ,1BA$3.77
Parc Pointe ApartmentsStudioStudio ,1BA$3.77

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

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
Magnolia Park, Burbank, CA

Ranked #11

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Magnolia Park Apartments

What is the price of a cheap apartment in Magnolia Park?

The cheapest apartment in Magnolia Park is Park Avenue Apartments which is listed at $2,193, while the average apartment in Magnolia Park costs $3,245.

What types of apartments are the cheapest in Magnolia Park?

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 9 regular apartments in Magnolia Park 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 Magnolia Park?

Cheap apartments in Magnolia Park have an average cost of $1,820 which is $1,425 cheaper than the average rent for all rentals in Magnolia Park.

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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