Monthly Rent Report
Burbank Rent Report — August 2021
Asking rents in ZIP 91501, Los Angeles, from 21 listings.
Median 1BR rent in Burbank was $1,725 in August 2021, down 9.2% (−$175) from July 2021 and down 6.8% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,800. That puts Burbank $138 below the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 21 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,475 | −$120 (-7.5%) | +$225 (+18.0%) | $1,475 – $1,475 | 1 |
| Studio | $1,475 | −$120 (-7.5%) | +$225 (+18.0%) | $1,475 – $1,475 | 1 |
| 1BR | $1,725 | −$175 (-9.2%) | −$125 (-6.8%) | $1,675 – $1,800 | 4 |
| 1BR | $1,650 | −$250 (-13.2%) | −$200 (-10.8%) | $1,650 – $1,650 | 1 |
| 2BR | $2,150 | −$600 (-21.8%) | −$145 (-6.3%) | $2,150 – $2,150 | 1 |
| 2BR | $2,325 | −$425 (-15.5%) | +$30 (+1.3%) | $2,150 – $2,450 | 4 |
| 3BR | $3,350 | −$200 (-5.6%) | −$1,050 (-23.9%) | $3,274 – $3,425 | 4 |
| 3BR | $4,500 | +$950 (+26.8%) | +$100 (+2.3%) | $4,500 – $4,500 | 1 |
| 4BR | $7,973 | — | +$2,173 (+37.5%) | $7,734 – $8,211 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — August 2021
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,475 | $1,549 | −$73 (-4.7%) |
| Studio | $1,475 | $1,549 | −$73 (-4.7%) |
| 1BR | $1,725 | $1,863 | −$137 (-7.4%) |
| 1BR | $1,650 | $1,863 | −$212 (-11.4%) |
| 2BR | $2,150 | $2,680 | −$530 (-19.8%) |
| 2BR | $2,325 | $2,680 | −$355 (-13.2%) |
| 3BR | $3,350 | $3,595 | −$245 (-6.8%) |
| 3BR | $4,500 | $3,595 | +$905 (+25.2%) |
| 4BR | $7,973 | $4,350 | +$3,623 (+83.3%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.