Monthly Rent Report
Burbank Rent Report — May 2021
Asking rents in ZIP 91501, Los Angeles, from 23 listings.
Median 1BR rent in Burbank was $1,650 in May 2021, down 2.1% (−$35) from April 2021. The middle half of 1BR listings asked between $1,625 and $1,750. That puts Burbank $148 below the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 23 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | −$400 (-22.2%) | — | $1,400 – $1,400 | 1 |
| 1BR | $1,650 | −$35 (-2.1%) | — | $1,625 – $1,750 | 3 |
| 1BR | $1,650 | −$35 (-2.1%) | — | $1,625 – $1,750 | 3 |
| 2BR | $2,500 | +$300 (+13.6%) | — | $2,320 – $2,700 | 10 |
| 2BR | $2,450 | +$250 (+11.4%) | — | $2,300 – $2,523 | 3 |
| 3BR | $3,250 | −$750 (-18.8%) | — | $3,250 – $3,250 | 1 |
| 3BR | $3,400 | −$600 (-15.0%) | — | $3,400 – $3,400 | 1 |
| 4BR | $4,950 | — | — | $4,950 – $4,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — May 2021
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,521 | −$121 (-7.9%) |
| 1BR | $1,650 | $1,798 | −$148 (-8.2%) |
| 1BR | $1,650 | $1,798 | −$148 (-8.2%) |
| 2BR | $2,500 | $2,450 | +$50 (+2.0%) |
| 2BR | $2,450 | $2,450 | $0 (0.0%) |
| 3BR | $3,250 | $3,295 | −$45 (-1.4%) |
| 3BR | $3,400 | $3,295 | +$105 (+3.2%) |
| 4BR | $4,950 | $3,990 | +$960 (+24.1%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.