Much like other places in this area, it is a little less expensive compared to the entire country. It is somewhat less expensive compared to the city of Chicago.
Home prices
Burbank's median home cost is $192,600. This is is very similar in comparison to the surrounding areas.It is roughly $24,900 (11%) lower in comparison to the nation as a whole, and it is about $65,400 (25%) lower compared to the city of Chicago.
Rents
Burbank's median rent is $1,108 a month. It is approximately $97 (9%) higher in comparison to its nearby areas.In comparison to the United States as a whole it is roughly $46 (4%) higher, and is is very similar in comparison to the city of Chicago.
Nearby places
Bridgeview
Bridgeview is Burbank's neighbor to the west. The real estate prices there are a bit less expensive. The price of the median home in Bridgeview is $183,400, which comes out to $9,200 (5%) lower than Burbank. The rent there is somewhat less expensive. Bridgeview's median monthly rent is $968, which is $140 (14%) lower than Burbank.
Oak Lawn
Oak Lawn is Burbank's neighbor to the south. Its housing prices are a bit more expensive. Oak Lawn's median home cost is $204,000, which comes out to $11,400 (5%) higher than Burbank. Rent there is similar. The median rent in Oak Lawn is $1,072 a month, which works out to $36 (3%) lower than Burbank.
Chicago Ridge
Chicago Ridge is about 2 miles south from Burbank. Its housing prices are somewhat less expensive. The cost of the median home in Chicago Ridge is $160,500, which is $32,100 (19%) lower than Burbank. Rent there is a little less expensive. The median monthly rent in Chicago Ridge is $996, which is $112 (11%) lower than Burbank.
Justice
Justice is roughly 2 miles west of Burbank. The housing prices there are a bit less expensive. Justice's median home value is $180,600, which works out to $12,000 (6%) lower than Burbank. Rent there is similar. In Justice the median monthly rent is $1,069, which works out to $39 (3%) lower than Burbank.
Hickory Hills
Hickory Hills is roughly 2 miles southwest of Burbank. Real estate prices there are somewhat more expensive. The price of the median home in Hickory Hills is $229,700, which comes out to $37,100 (16%) higher than Burbank. Rents there are a little less expensive. The median monthly rent in Hickory Hills is $950, which is $158 (16%) lower than Burbank.
