Cheap Apartments for Rent in the Magnolia Park Neighborhood of Burbank, CA from $1,500 (39 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
341 N Florence St
2 to 3 Bedroom Apartments

341 N Florence St

341 N Florence StBurbank, CA 91505
close
View Me
Whitnall Park
1 to 3 Bedroom Apartments

Whitnall Park

632 N Whitnall HwyBurbank, CA 91505
  • Smoke Free

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.

close
View Me
540 N Clybourn Ave
1 to 2 Bedroom Apartments

540 N Clybourn Ave

540 N Clybourn AveBurbank, CA 91505
close
View Me
2707 W Clark Ave
1 to 2 Bedroom Apartments

2707 W Clark Ave

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

550 N Clybourn Ave

550 N Clybourn AveBurbank, 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.

close
View Me
Parc Pointe Apartments
Studio to 3 Bedroom Apartments

Parc Pointe Apartments

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

609 N Hollywood Way

605-609 N Hollywood WayBurbank, CA 91505
close
View Me
701 N Hollywood Way
1 to 2 Bedroom Apartments

701 N Hollywood Way

701-711 N Hollywood WayBurbank, CA 91505
Student Housing
close
View Me
Park Avenue Apartments
1 to 2 Bedroom Apartments

Park Avenue Apartments

730 N Whitnall HwyBurbank, CA 91505
Senior Living
  • Utilities Included
close
View Me
4401 W Verdugo Ave
Studio to 2 Bedroom Apartments

4401 W Verdugo Ave

4401 W Verdugo AveBurbank, CA 91505
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
1207 N Cordova St
1 Bedroom Apartments

1207 N Cordova St

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

1411 N Pepper St

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

Regency At The Park

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

2708 W Clark Ave

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

Edison Apartments

1321 N Edison BlvdBurbank, CA 91505

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

close
View Me
5121 Ledge Ave
3 Bedroom Apartments

5121 Ledge Ave

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

4837 Clybourn

4837 Clybourn AveNorth Hollywood, CA 91601
  • Utilities Included

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 Waterstone Media Center priced from $2,368. Parc Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,395. Here are the most affordable Magnolia Park apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Waterstone Media CenterStudio AStudio,1BA$2,368
Parc Pointe Apartments1 Bedroom/1 Bath1BR,1BA$2,395
1230 N Hollywood Way1 Bed 1 Bath1BR,1BA$2,650
400 N Hollywood Way2x2xDen3BR,2BA$3,375
Madison Toluca3 Bed 2 Bath B3BR,2BA$3,702

Best Value Apartments for Rent in Magnolia Park, CA

As of December 25, 2025 the best value apartment in the Magnolia Park area is the $2.25 price per square foot 2x2xDen Model at 400 N Hollywood Way in the in the Toluca Woods neighborhood starting from $3,375. The second greatest value Magnolia Park apartment is the 3 Bed 2 Bath E Model at Madison Toluca starting at $3,707 with a $3.51 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.
400 N Hollywood Way2x2xDen3BR,2BA$2.25
Madison Toluca3 Bed 2 Bath E3BR,2BA$3.51
Parc Pointe Apartments1 Bedroom/1 Bath1BR,1BA$3.47
1230 N Hollywood Way1 Bed 1 Bath1BR,1BA$4.42
Waterstone Media CenterStudio AStudio ,1BA$4.45

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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Magnolia Park, Burbank, CA

Ranked #10

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Magnolia Park Apartments

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 $1,943 which is $1,595 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.

Helpful Local Expert Guides

decorative image for The 10 Best Affordable Neighborhoods in Los Angeles, CA article

The 10 Best Affordable Neighborhoods in Los Angeles, CA

Written by: Rachel Presser

Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.

decorative image for A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles article

A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles

Written by: Rachel Presser

When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

decorative image for More Than Just Hollywood: A Local Experts Deep Dive into LA Living article

More Than Just Hollywood: A Local Experts Deep Dive into LA Living

Written by: Rachel Presser

Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

Articles, How-To's, and Tips

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!