Rental market snapshot for Burbank, Illinois

Burbank, Illinois Rental Property Market Overview

The average rent for an apartment in Burbank is $1,929. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 0.62% over the past year.

Burbank is a village in Cook County, Illinois, United States. The population was 19,081 at the 2010 census.

Last Updated December 23, 2022

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Average monthly rent graph in Burbank Illinois | Cost of Living

  • The most expensive ZIP Code in Burbank is 60459 with an average price of $2,100
  • The cheapest ZIP Code in Burbank is 60459 with an average price of $1,890

Burbank ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
160459$2,100

Live near Burbank, Illinois's Top Sights and Attractions

Michael Looney Park is a 3-acre park located in the heart of downtown Burbank. The park features a playground, picnic tables, a walking path, and a gazebo.

Macarthur Park is a beautiful park located in the heart of Burbank, Illinois. The park features a large pond, walking trails, a playground, and a picnic area.

Rice Park is a beautiful park located in the heart of Burbank. The park features a large pond, walking trails, and a playground.

Millette Memorial Park is a beautiful park located in the heart of Burbank, Illinois. The park features a large pond, walking trails, a playground, and a picnic area.

Harr Park is a small park located in the center of Burbank, Illinois. The park features a playground, a small gazebo, and a few benches. The park is surrounded by trees and is a popular spot for locals to take a break from their day.

Fitzgerald Park is a beautiful park located in the heart of Burbank, Illinois. The park features a variety of amenities including a playground, picnic areas, a walking path, and a pond. The park is also home to a variety of events throughout the year, including the Burbank Summer Concert Series and the Burbank Fall Festival.

Newcastle Park is a beautiful park located in the heart of Burbank, Illinois. The park features a variety of amenities including a playground, picnic areas, a walking path, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and squirrels.

Commissioners Park is a beautiful park located in Burbank, Illinois. The park features a variety of amenities including a playground, a picnic area, a walking path, and a pond. The park is also home to a variety of events throughout the year, including concerts, festivals, and farmers markets.

Burbank, Illinois area median rent change by ZIP Code map

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How does Burbank compare to other cities in Illinois ?

citymedian price
Peoria$1,035
North Aurora$2,295
Hillside$1,882
Park Forest$1,800
Park Ridge$2,292
Elmwood Park$2,375
Glen Ellyn$2,250
South Elgin$2,095
Palatine$1,400

Average household income in Burbank area graph - US Census

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The median household income in Burbank in 2021 was $70,052. This represents a 25.3% change from 2011 when the median was $55,927.

#categorypercent
0Less than $10,0002.2%
1$10,000 to $14,9994.0%
2$15,000 to $19,9993.6%
3$20,000 to $24,9992.3%
4$25,000 to $29,9994.2%
5$30,000 to $34,9994.7%
6$35,000 to $39,9997.0%
7$40,000 to $44,9994.2%
8$45,000 to $49,9994.3%
9$50,000 to $59,9997.0%
10$60,000 to $74,99910.6%
11$75,000 to $99,99916.2%
12$100,000 to $124,99911.4%
13$125,000 to $149,9996.4%
14$150,000 to $199,9996.5%
15$200,000 or more5.3%

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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