Monthly Rent Report
Burbank Rent Report — September 2020
Asking rents in ZIP 91501, Los Angeles, from 79 listings.
Median 1BR rent in Burbank was $1,500 in September 2020, down 18.9% (−$350) from August 2020. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Burbank $295 below the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 79 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | +$150 (+12.0%) | — | $1,400 – $1,425 | 3 |
| Studio | $1,400 | +$150 (+12.0%) | — | $1,400 – $1,425 | 3 |
| 1BR | $1,500 | −$350 (-18.9%) | — | $1,500 – $1,500 | 1 |
| 1BR | $1,720 | −$130 (-7.0%) | — | $1,600 – $1,890 | 14 |
| 2BR | $2,345 | +$50 (+2.2%) | — | $2,261 – $2,588 | 18 |
| 2BR | $2,345 | +$50 (+2.2%) | — | $2,261 – $2,588 | 18 |
| 3BR | $3,450 | −$950 (-21.6%) | — | $3,425 – $3,825 | 11 |
| 3BR | $4,300 | −$100 (-2.3%) | — | $4,300 – $4,300 | 1 |
| 4BR | $5,800 | $0 (0.0%) | — | $5,500 – $5,800 | 3 |
| 4BR | $5,800 | $0 (0.0%) | — | $5,500 – $5,800 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2020. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — September 2020
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,495 | −$95 (-6.4%) |
| Studio | $1,400 | $1,495 | −$95 (-6.4%) |
| 1BR | $1,500 | $1,795 | −$295 (-16.4%) |
| 1BR | $1,720 | $1,795 | −$75 (-4.2%) |
| 2BR | $2,345 | $2,349 | −$3 (-0.1%) |
| 2BR | $2,345 | $2,349 | −$3 (-0.1%) |
| 3BR | $3,450 | $3,213 | +$238 (+7.4%) |
| 3BR | $4,300 | $3,213 | +$1,088 (+33.9%) |
| 4BR | $5,800 | $3,900 | +$1,900 (+48.7%) |
| 4BR | $5,800 | $3,900 | +$1,900 (+48.7%) |
Citywide figure is the median of zip-level medians across 117 Los Angeles zip codes with listings in September 2020.