Monthly Rent Report
Burbank Rent Report — October 2020
Asking rents in ZIP 91501, Los Angeles, from 14 listings.
Median 1BR rent in Burbank was $1,875 in October 2020, up 25.0% (+$375) from September 2020. The middle half of 1BR listings asked between $1,875 and $1,875. That puts Burbank $80 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 14 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,348 | −$52 (-3.8%) | — | $1,324 – $1,371 | 2 |
| Studio | $1,450 | +$50 (+3.6%) | — | $1,450 – $1,450 | 1 |
| 1BR | $1,875 | +$375 (+25.0%) | — | $1,875 – $1,875 | 1 |
| 1BR | $1,850 | +$350 (+23.3%) | — | $1,700 – $1,875 | 5 |
| 2BR | $2,200 | −$145 (-6.2%) | — | $2,200 – $2,200 | 1 |
| 2BR | $1,995 | −$350 (-14.9%) | — | $1,995 – $1,995 | 1 |
| 3BR | $2,650 | −$800 (-23.2%) | — | $2,650 – $2,650 | 1 |
| 4BR | $5,800 | $0 (0.0%) | — | $5,800 – $5,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2020. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2020
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,348 | $1,549 | −$201 (-13.0%) |
| Studio | $1,450 | $1,549 | −$99 (-6.4%) |
| 1BR | $1,875 | $1,795 | +$80 (+4.5%) |
| 1BR | $1,850 | $1,795 | +$55 (+3.1%) |
| 2BR | $2,200 | $2,425 | −$225 (-9.3%) |
| 2BR | $1,995 | $2,425 | −$430 (-17.7%) |
| 3BR | $2,650 | $3,449 | −$798 (-23.2%) |
| 4BR | $5,800 | $4,200 | +$1,600 (+38.1%) |
Citywide figure is the median of zip-level medians across 120 Los Angeles zip codes with listings in October 2020.