Cheap Apartments for Rent in the Magnolia Park Neighborhood of Burbank, CA from $1,700 (40 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
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Los Angeles's Best Affordable Neighborhoods

Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

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341 N Florence St
2 to 3 Bedroom Apartments

341 N Florence St

341 N Florence StBurbank, CA 91505
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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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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721 N Hollywood Way
Studio to 3 Bedroom Apartments

721 N Hollywood Way

721 N Hollywood WayBurbank, CA 91505
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4401 W Verdugo Ave
Studio to 2 Bedroom Apartments

4401 W Verdugo Ave

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

1207 N Cordova St

1207 N Cordova StBurbank, CA 91505
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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
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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

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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Showing Results 1-40, 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 $2,120. 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$2,120
Park Avenue Apartments1x11BR,1BA$2,193
520 N. Hollywood Way2BR/2.0BA2BR,2BA$2,850

Best Value Apartments for Rent in Magnolia Park, CA

As of August 15, 2026 the best value apartment in the Magnolia Park area is the $3.24 price per square foot 2BR/2.0BA Model at 520 N. Hollywood Way in the in the Toluca Woods neighborhood starting from $2,850. The second greatest value Magnolia Park apartment is the 1420 N Hollywood Way Model at 1420 N Hollywood Way, Unit A starting at $1,950 with a $2.79 price per square foot in the Chandler Park 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.
520 N. Hollywood Way2BR/2.0BA2BR,2BA$3.24
1420 N Hollywood Way, Unit A1420 N Hollywood Way1BR,1BA$2.79
Park Avenue Apartments1x11BR,1BA$3.37
Waterstone Media CenterStudio AStudio ,1BA$3.98
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 #5

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 $2,488.

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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