Apartments for Rent in Burbank, Detroit, MI

Burbank, Detroit apartment availability

Burbank's rental market offers a good selection of listings, with an average of 28 rentals available each month in 2024. The neighborhood's inventory is largely comprised of 3-bedroom apartments, followed by 2-bedroom units. A smaller number of 1-bedroom apartments and studios are also available. Many Burbank apartments feature desirable amenities, including hardwood floors, found in about 21% of rentals, and garage parking, available in around 22% of listings. Outdoor spaces are also a highlight in about 14% of apartments, adding to the neighborhood's appeal.

Burbank, Detroit rental market trends

Burbank, Detroit's rental market is experiencing a modest growth, with the average monthly rent across all property types increasing by 3.35% year-over-year to $1,096. The trend varies by bedroom count, with 2-bedrooms seeing the largest increase of 11.51% to $997, while 1-bedrooms and studios have decreased by 8.59% and 21.42% respectively.

The most expensive month to rent in Burbank is April, with prices 11.38% higher than in January, the least expensive month. This suggests that renters looking for a better deal should consider searching during the winter months. Overall, the Burbank rental market is relatively stable, offering a range of options for renters across different property types and price points.

Why Burbank, Detroit is a great place to live

Burbank is a top choice for renters prioritizing social living in Detroit. According to 2024 data, the neighborhood's strong social life score is attributed to its well-developed street infrastructure, frequent transit options, and a balanced age distribution among residents. Additionally, Burbank's walk score and safety ratings make it an attractive spot for those who value community interaction and convenience. With these factors combined, Burbank offers an ideal environment for renters seeking a vibrant and connected lifestyle.