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Studio Apartment for Rent in Burbank, IL

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    $2,339 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Chicago - Midway

    7524 State Rd, Bedford Park, IL 60638

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Chicago - Midway

    (773) 303-6511

    7524 State Rd, Bedford Park, IL 60638

Why Live in Burbank

Burbank, Illinois, a relatively young suburb established in 1970, is known for its strong community ties and cultural diversity. Residents enjoy a variety of local amenities, including St. Albert the Great Catholic Church and Masjid Al-Istiqamah, as well as diverse dining options like Spicy Thai Lao Restaurant and La Michoacana Azteca. The city features 1970s-era homes, primarily split-levels and bungalows, with some modern constructions blending into the architectural landscape. Burbank's educational institutions include the highly rated Reavis High School, known for its sports programs, and St. Laurence High School, which receives top marks. For recreation, Macarthur Park hosts the Fusion Recplex, offering a fitness center, walking track, and various classes, while the Burbank Park District Water Park provides seasonal aquatic fun. Haunted Trails Family Entertainment Center adds to the list of things to do with mini golf, an arcade, and laser tag. Shopping is convenient with big-box stores along Cicero and Harlem Avenues, and local events like the annual Party in the Park and activities at Prairie Trails Public Library foster a sense of community. Burbank is 14 miles from downtown Chicago, with PACE buses and nearby Metra stations facilitating commutes. However, potential residents should be aware of noise from the nearby railyard, Chicago Midway International Airport, and busy roads.

Frequently Asked Questions

How much does it cost to rent a home in Burbank, IL?
The median rent for a home in Burbank, IL is $2,660 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Burbank, IL?
To comfortably afford the median rent in Burbank, IL, a household needs to earn roughly $106,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,660 per month in Burbank, IL, renters typically need to show $7,980 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Burbank, IL?
In Burbank, IL, the price-to-rent ratio is 9.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Burbank, IL are best for renting a home?
The best neighborhood for renting in Burbank, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lakeview East, Lincoln Square, Auburn Gresham, Hyde Park and Kenwood, each with its own character and price range.

Rental Home Trends in Burbank, IL

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,660
Median Single Family Home Rent
$2,630
Median Condo Rent
$1,790
How to Rent a Home