Monthly Rent Report
Burbank Rent Report — August 2020
Asking rents in ZIP 91502, Los Angeles, from 141 listings.
Median 1BR rent in Burbank was $1,850 in August 2020, flat versus July 2020 and down 10.4% year-over-year. The middle half of 1BR listings asked between $1,761 and $1,950. That puts Burbank $55 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 141 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. August 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,385 | — | −$165 (-10.6%) | $1,385 – $1,385 | 1 |
| Studio | $1,385 | — | −$165 (-10.6%) | $1,385 – $1,385 | 1 |
| 1BR | $1,850 | $0 (0.0%) | −$215 (-10.4%) | $1,761 – $1,950 | 26 |
| 1BR | $1,850 | $0 (0.0%) | −$215 (-10.4%) | $1,750 – $1,950 | 28 |
| 2BR | $2,295 | $0 (0.0%) | −$400 (-14.8%) | $2,150 – $2,495 | 33 |
| 2BR | $2,295 | $0 (0.0%) | −$400 (-14.8%) | $2,100 – $2,443 | 39 |
| 3BR | $3,195 | +$95 (+3.1%) | −$335 (-9.5%) | $3,050 – $3,195 | 7 |
| 3BR | $3,148 | +$48 (+1.5%) | −$382 (-10.8%) | $3,025 – $3,195 | 6 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — August 2020
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,385 | $1,595 | −$210 (-13.2%) |
| Studio | $1,385 | $1,595 | −$210 (-13.2%) |
| 1BR | $1,850 | $1,795 | +$55 (+3.1%) |
| 1BR | $1,850 | $1,795 | +$55 (+3.1%) |
| 2BR | $2,295 | $2,400 | −$105 (-4.4%) |
| 2BR | $2,295 | $2,400 | −$105 (-4.4%) |
| 3BR | $3,195 | $3,350 | −$155 (-4.6%) |
| 3BR | $3,148 | $3,350 | −$202 (-6.0%) |
Citywide figure is the median of zip-level medians across 116 Los Angeles zip codes with listings in August 2020.