Affordable Housing In Burbank
Los Angeles County, California

9 Low Income Apartment Communities In Burbank

2325 and 2335 N Fairview

2325 N Fairview St
Burbank, CA
Call For Rent
1-4 BR
HCV Welcome

Pacific Manor

609 N Glenoaks Blvd
Burbank, CA
Subsidized

Burbank Senior Artist Colony

240 E Verdugo Ave
Burbank, CA
HCV Welcome

Burbank Accessible Apartments

600 S San Fernando Blvd
Burbank, CA
Accessible
Disabled Supportive Housing
HCV Welcome
Subsidized

Harvard Plaza

340 E Harvard Rd
Burbank, CA
62+
Accessible
Elderly Supportive Housing
Subsidized

Wesley Towers

201 E Verdugo Ave
Burbank, CA
62+
Accessible
Elderly Supportive Housing
Subsidized

Senior Artists Colony

400 Block San Fernando
Burbank, CA
HCV Welcome

Media Village Senior Housing Project

325 N 3rd St
Burbank, CA
HCV Welcome

Verdugo Towers

151 E Verdugo Ave
Burbank, CA
62+
Accessible
Elderly Supportive Housing
Subsidized
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Guide To Affordable Housing in Burbank, California

According to federal housing data and AffordableHousingOnline.com research, there are 9 low income housing apartment communities offering 992 affordable apartments for rent in Burbank, California. Burbank features 556 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 436 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Burbank.

Burbank, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 992
Total Housing Units with Rental Assistance 556
Percentage of Housing Units Occupied By Renters 59.33%
Average Renter Household Size 2.30
Average Household Size 2.52
Median Household Income $66,076 ±$2,351
Median Rent $1,409 ±$23
Percentage Of Renters Overburdened 53.02% ± 2.69pp
Total Population 104,725

Population and Household Demographics

Burbank is a City in Los Angeles County, California with a population of 104,725. There are 41,361 households in the city with an average household size of 2.52 persons. 59.33% of households in Burbank are renters.

Income and Rent Overburden in Burbank

The median gross income for households in Burbank is $66,076 a year, or $5,506 a month. The median rent for the city is $1,409 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Burbank, a household making less than $4,697 a month would be considered overburdened when renting an apartment at or above the median rent. 53.02% of households who rent are overburdened in Burbank.1

Area Median Income In Burbank

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Burbank, the AMI is calculated from all households within Los Angeles County.

In Burbank, HUD calculates the Area Median Income for a family of four as $73,100

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Burbank

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Burbank HUD Rental Assistance in Burbank

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $21,950 $25,050 $28,200 $31,300 $33,850 $36,350 $39,010 $43,430
50% of Median $36,550 $41,800 $47,000 $52,200 $56,400 $60,600 $64,750 $68,950
80% of Median $58,450 $66,800 $75,150 $83,500 $90,200 $96,900 $103,550 $110,250

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Burbank

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $36,550 $41,800 $47,000 $52,200 $56,400 $60,600 $64,750 $68,950
60% of Median $43,860 $50,160 $56,400 $62,640 $67,680 $72,720 $77,700 $82,740

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Burbank is $56,400 a year, or $4,700 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,700 by 30% to get a maximum rent of $1,410 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $914 $979 $1,175 $1,358 $1,515 $1,671
60% $1,097 $1,175 $1,410 $1,629 $1,818 $2,006
Fair Market Rents in Burbank

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,279 $1,517 $1,956 $2,614 $2,857