1 Day Ago
Location
240 S 3rd St, Burbank, CA 91502, USA
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Property Overview
The property thi240 achieves an impressive Zumper Expert Rating of 8.4, supported by a perfect price rating of 10, reflecting its excellent value for amenities and location. Additionally, it features a strong amenities rating of 8 and a location rating of 9, showcasing convenience to key points of interest and quality living standards. With a trustworthiness rating of 8, this property offers transparency and reliability, enhanced by its proximity to a top-rated high school just 0.2 miles away.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Less expensive
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 400 sqft | $1,675 /mo | 1 unit available | Gene & Anthony | David N. Schultz Incorporated | (818) 714-7688 Stunning Studio Apartment now available at 240 S. Third St., centrally located near beautiful downtown Burbank. Studio/1BA Apartment $1,675/month Bedrooms: Studio Bathrooms: 1 Parking: 1 dedicated; Covered Parking Pet Policy: Cats only. 2 MAX. Deposit: $1,675 (oac) OPEN HOUSE SCHEDULE: None - Call Gene & Anthony at (818) 714-7688 Schedule an appointment to see this great apartment! UNIT FEATURES: - Second Floor Unit - Laminate Wood Flooring Throughout - AC & Heater Wall Units - Gas Stove/Oven - Stainless Steel Kitchen Sink - Granite Countertops - Freshly Painted Kitchen Cabinets - Re-glazed Bathroom Sink & Bathtub & Tile - New Bathroom Fixtures - New Lighting Fixtures - Ample Natural Lighting - Cable-Ready - Freshly Painted Walls COMMUNITY FEATURES: - Gated Property - On-site Management - Laundry On-site - Courtyard LEASE TERMS: 12 month lease required, $30 non-refundable credit check fee per adult. Additional pet deposit if applicable. If you have any questions, or if you would like to schedule an appointment time to view the unit, please contact the building managers, Gene & Anthony at (818) 714-7688 . PROFESSIONALLY MANAGED BY: David N. Schultz Incorporated + 715 North Central Avenue Suite 300, Glendale CA 91203 + Visit www DNSrents com to see all our available apartments PHOTOS: Please note: Photos may not be of the actual vacancy, but rather of a similar unit within the building. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 24 |
|---|
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About thi240
Gene & Anthony | David N. Schultz Incorporated | (818) 714-7688 Stunning Studio Apartment now available at 240 S. Third St., centrally located near beautiful downtown Burbank. Studio/1BA Apartment $1,675/month Bedrooms: Studio Bathrooms: 1 Parking: 1 dedicated; Covered Parking Pet Policy: Cats only. 2 MAX. Deposit: $1,675 (oac) OPEN HOUSE SCHEDULE: None - Call Gene & Anthony at (818) 714-7688 Schedule an appointment to see this great apartment! UNIT FEATURES: - Second Floor Unit - Laminate Wood Flooring Throughout - AC & Heater Wall Units - Gas Stove/Oven - Stainless Steel Kitchen Sink - Granite Countertops - Freshly Painted Kitchen Cabinets - Re-glazed Bathroom Sink & Bathtub & Tile - New Bathroom Fixtures - New Lighting Fixtures - Ample Natural Lighting - Cable-Ready - Freshly Painted Walls COMMUNITY FEATURES: - Gated Property - On-site Management - Laundry On-site - Courtyard LEASE TERMS: 12 month lease required, $30 non-refundable credit check fee per adult. Additional pet deposit if applicable. If you have any questions, or if you would like to schedule an appointment time to view the unit, please contact the building managers, Gene & Anthony at (818) 714-7688 . PROFESSIONALLY MANAGED BY: David N. Schultz Incorporated + 715 North Central Avenue Suite 300, Glendale CA 91203 + Visit www DNSrents com to see all our available apartments PHOTOS: Please note: Photos may not be of the actual vacancy, but rather of a similar unit within the building.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, thi240 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, thi240 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
thi240 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, thi240 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
thi240 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While thi240 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How thi240 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.2 mile away
- Less expensive
- Studio units are cheaper than other similar listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Burbank
studio apartments at thi240 cost about 4% less than the average rent price for studio apartments in Burbank.
Median rents as of Mar 21 2026.
Burbank
| Month | Median Rent |
|---|---|
| April 2024 | $1,793 |
| May 2024 | $1,700 |
| June 2024 | $1,831 |
| July 2024 | $1,827 |
| August 2024 | $1,791 |
| September 2024 | $1,799 |
| October 2024 | $1,767 |
| November 2024 | $1,761 |
| December 2024 | $1,788 |
| January 2025 | $1,871 |
| February 2025 | $1,764 |
| March 2025 | $1,757 |
| April 2025 | $1,811 |
| May 2025 | $1,871 |
| June 2025 | $1,820 |
| July 2025 | $1,826 |
| August 2025 | $1,842 |
| September 2025 | $1,884 |
| October 2025 | $1,802 |
| November 2025 | $1,795 |
| December 2025 | $1,797 |
| January 2026 | $1,748 |
| February 2026 | $1,716 |
| March 2026 | $1,746 |
Affordability calculator
Can I afford to live at 240 S 3rd St?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$67,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $67,000 annually to afford this studio monthly rent price of $1,675.
For more information on rent affordability, visit our rent calculator.
Schools near thi240
Joaquin Miller Elementary School
720 e providencia ave
burbank, CA, 91501
K-5Public
A-
Burbank Unified Independent Learning Academy (Buila)
3715 allan ave
burbank, CA, 91505
K-12Public
B+
Computer Science Virtual Academy
333 s beaudry ave 11th floor
los angeles, CA, 90017
K-12Public
STEAM Virtual Academy
333 s beaudry ave 11th fl
los angeles, CA, 90017
K-12Public
Leadership & Public Service Virtual Academy
333 s beaudry ave 11th floor
los angeles, CA, 90017
K-12Public
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Internet available near thi240
Getting around Burbank near 240 S 3rd St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
6/10
Popular public transit options are just a short walk from this location.
Points of interest for 240 S 3rd St, Burbank
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
8/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
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