Burbank is known as a media city, home to Warner Brothers and Disney Studios, and this industrial background is reflected in housing prices.

The most notable upscale residential area is Toluca Lake. It is famous for being the former residence of Bob Hope and Bing Crosby, and due to its proximity to studios, it has consistently been favored by those in the media industry. The median home price is estimated to be between $2 million and $2.5 million.

Burbank Hills and the Skyline area are also worth noting. This area, developed along the ridgeline, has many homes with views of the Los Angeles basin, with median prices ranging from $1.3 million to $1.6 million.

The Rancho area, which is close to downtown, also tends to have relatively high prices, with many single-family homes on large lots commonly trading between $1.1 million and $1.3 million.

The high prices in these areas are influenced by proximity to studios, views, and low-density development regulations. Toluca Lake is particularly noted as an example where the history of celebrity residents has solidified its local brand.

The overall median home price in Burbank is known to be around $1.05 million, while Toluca Lake is nearly double that. Even within Burbank, there are clear price differences based on proximity to studios.

Among Korean professional households, those working in entertainment and media sometimes consider Burbank Hills or the Rancho area as their residence. The reduced commuting burden and proximity to Glendale and Pasadena are seen as advantages that broaden their living options.

• Toluca Lake - median price around $2 million to $2.5 million, studio proximity, celebrity resident history
• Burbank Hills/Skyline - median price around $1.3 million to $1.6 million, secured views
• Rancho area - median price around $1.1 million to $1.3 million, large single-family home lots

Since Burbank is not a large city, it is necessary to compare price differences in detail by area, and especially for Toluca Lake, it is advisable to plan a budget thoroughly before approaching due to its high entry price.