
Cheap Homes for Rent in Magnolia Park Neighborhood of Burbank, CA from $1,600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Magnolia Park area of Burbank.

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.

549 N Niagara St
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.

624 N Toluca Park Dr
Magnolia Park, Burbank, CA Local Guide

How much does it cost to rent a home in Magnolia Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Park 2 Bedroom Homes for Rent | $3,092 | $1,699 | $4,000 |
| Magnolia Park 3 Bedroom Homes for Rent | $5,673 | $4,800 | $6,695 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Magnolia Park Neighborhood of Burbank, CA.
Explore Burbank
Magnolia Park, Burbank, CA Local Guide
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Best Value Apartments for Rent in Magnolia Park, CA
As of June 21, 2026 the best value apartment in the Magnolia Park area is the $3.13 price per square foot 2 Bed 2 Bath Model at Madison Toluca in the in the Toluca Woods neighborhood starting from $2,859. The second greatest value Magnolia Park apartment is the 842 N Screenland Dr Model at 842 N Screenland Dr, Unit #C starting at $2,749 with a $3.05 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Madison Toluca | 2 Bed 2 Bath | 2BR,2BA | $3.13 |
| 842 N Screenland Dr, Unit #C | 842 N Screenland Dr | 2BR,1BA | $3.05 |
| hol520 | 2BR/2.0BA | 2BR,2BA | $3.41 |
| 335 N Florence St, Unit 335 | 335 N Florence St | 1BR,1BA | $3.33 |
| Park Avenue Apartments | 1x1 | 1BR,1BA | $3.37 |
| 541 N Naomi St, Unit E | 541 N Naomi St | 1BR,1BA | $3.60 |
| Waterstone Media Center | Studio A | Studio ,1BA | $4.13 |
| Parc Pointe Apartments | Studio | Studio ,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleMagnolia Park, Burbank, CA
Ranked #9
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Magnolia Park
What type of rentals are currently available in Magnolia Park?
There are currently 78 Apartments for Rent in Magnolia Park, CA with pricing that ranges from $1,950 to $3,372. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia Park ranging from $1,699 to $6,695.
What is the current price range for Rental Homes in Magnolia Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Magnolia Park ranges from $1,699 to $6,695 with an average monthly rent of $4,382.
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

The 10 Best Affordable Neighborhoods in Los Angeles, CA
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.