Cheap Homes for Rent in Magnolia Park Neighborhood of Burbank, CA from $1,600 (3 Rentals)

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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.

property at 549 N Niagara St

$2,780

Total Monthly Price

Total Monthly Price

Base Rent
$2,780

Total Monthly Price
$2,780

2 Bedroom, 1 Bath Townhome for Rent

Available Now

549 N Niagara St

BurbankCA91505

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.

Magnolia Park, Burbank, CA Local Guide

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Madison Toluca2 Bed 2 Bath2BR,2BA$3.13
842 N Screenland Dr, Unit #C842 N Screenland Dr2BR,1BA$3.05
hol5202BR/2.0BA2BR,2BA$3.41
335 N Florence St, Unit 335335 N Florence St1BR,1BA$3.33
Park Avenue Apartments1x11BR,1BA$3.37
541 N Naomi St, Unit E541 N Naomi St1BR,1BA$3.60
Waterstone Media CenterStudio AStudio ,1BA$4.13
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 #9

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 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

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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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.

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