Cheap Homes for Rent in Magnolia Park Neighborhood of Burbank, CA from $2,500 (5 Rentals)

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

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.

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.

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 1 Bed unit found at Waterstone Media Center II priced from $2,330. 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 Center IIOne Bedroom B1BR,1BA$2,330
Parc Pointe Apartments1 Bedroom/1 Bath1BR,1BA$2,395
Madison Toluca2 Bed 2 Bath2BR,2BA$2,616

Best Value Apartments for Rent in Magnolia Park, CA

As of November 07, 2025 the best value apartment in the Magnolia Park area is the $2.26 price per square foot 2x2xDen Model at 400 N Hollywood Way in the in the Toluca Woods neighborhood starting from $3,395. The second greatest value Magnolia Park apartment is the 3 Bed 2 Bath A Model at Madison Toluca starting at $3,354 with a $3.06 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$2.26
Madison Toluca3 Bed 2 Bath A3BR,2BA$3.06
hol5202BR/2.0BA2BR,2BA$3.00
504 N Rosemary Ln, Unit 504504 N Rosemary Ln2BR,1BA$4.88
Waterstone Media Center IIOne Bedroom A1BR,1BA$3.35
Parc Pointe Apartments1 Bedroom/1 Bath1BR,1BA$3.47
202 N Florence St, Unit 202202 N Florence St1BR,1BA$3.53
925 1/2 N Maple St, Unit 925925 1/2 N Maple StStudio ,1BA$4.50

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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.

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Quick Rent Budget Calculator

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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 #10

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 77 Apartments for Rent in Magnolia Park, CA with pricing that ranges from $1,800 to $3,900. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Magnolia Park ranging from $2,525 to $5,995.

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 $2,525 to $5,995 with an average monthly rent of $4,397.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.