Monthly Rent Report
Burbank Rent Report — August 2020
Asking rents in ZIP 91501, Los Angeles, from 88 listings.
Median 1BR rent in Burbank was $1,850 in August 2020, up 4.4% (+$78) from July 2020. The middle half of 1BR listings asked between $1,800 and $1,885. That puts Burbank $55 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 88 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | — | — | $1,100 – $1,424 | 4 |
| Studio | $1,250 | — | — | $1,100 – $1,424 | 4 |
| 1BR | $1,850 | +$78 (+4.4%) | — | $1,800 – $1,885 | 11 |
| 1BR | $1,850 | +$78 (+4.4%) | — | $1,719 – $1,880 | 12 |
| 2BR | $2,295 | −$100 (-4.2%) | — | $2,250 – $2,584 | 18 |
| 2BR | $2,295 | −$100 (-4.2%) | — | $2,250 – $2,621 | 16 |
| 3BR | $4,300 | −$200 (-4.4%) | — | $3,650 – $5,750 | 7 |
| 3BR | $4,400 | −$100 (-2.2%) | — | $3,925 – $6,375 | 6 |
| 4BR | $5,800 | −$2,425 (-29.5%) | — | $5,800 – $8,900 | 3 |
| 4BR | $5,800 | −$2,425 (-29.5%) | — | $5,800 – $8,900 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — August 2020
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,595 | −$345 (-21.6%) |
| Studio | $1,250 | $1,595 | −$345 (-21.6%) |
| 1BR | $1,850 | $1,795 | +$55 (+3.1%) |
| 1BR | $1,850 | $1,795 | +$55 (+3.1%) |
| 2BR | $2,295 | $2,400 | −$105 (-4.4%) |
| 2BR | $2,295 | $2,400 | −$105 (-4.4%) |
| 3BR | $4,300 | $3,350 | +$950 (+28.4%) |
| 3BR | $4,400 | $3,350 | +$1,050 (+31.3%) |
| 4BR | $5,800 | $3,950 | +$1,850 (+46.8%) |
| 4BR | $5,800 | $3,950 | +$1,850 (+46.8%) |
Citywide figure is the median of zip-level medians across 116 Los Angeles zip codes with listings in August 2020.