Monthly Rent Report
Burbank Rent Report — December 2020
Asking rents in ZIP 91501, Los Angeles, from 7 listings.
Median 1BR rent in Burbank was $1,650 in December 2020, up 3.1% (+$50) from November 2020. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Burbank $113 below the Los Angeles citywide 1BR median of $1,763. The month's figures are based on 7 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$650 (-31.0%) | — | $1,400 – $1,500 | 2 |
| 1BR | $1,650 | +$50 (+3.1%) | — | $1,650 – $1,650 | 2 |
| 2BR | $2,950 | +$855 (+40.8%) | — | $2,950 – $2,950 | 1 |
| 3BR | $3,200 | −$450 (-12.3%) | — | $3,200 – $3,200 | 1 |
| 4BR | $3,995 | — | — | $3,995 – $3,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2020. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — December 2020
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,475 | −$25 (-1.7%) |
| 1BR | $1,650 | $1,763 | −$113 (-6.4%) |
| 2BR | $2,950 | $2,395 | +$555 (+23.2%) |
| 3BR | $3,200 | $3,495 | −$295 (-8.4%) |
| 4BR | $3,995 | $3,993 | +$3 (+0.1%) |
Citywide figure is the median of zip-level medians across 121 Los Angeles zip codes with listings in December 2020.