Monthly Rent Report
Burbank Rent Report — October 2020
Asking rents in ZIP 91502, Los Angeles, from 17 listings.
Median 1BR rent in Burbank was $1,550 in October 2020, down 3.1% (−$50) from September 2020 and down 10.1% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,550. That puts Burbank $245 below the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 17 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2020 | Vs. October 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | — | +$70 (+5.1%) | $1,450 – $1,450 | 1 |
| Studio | $1,000 | — | −$380 (-27.5%) | $1,000 – $1,000 | 1 |
| 1BR | $1,550 | −$50 (-3.1%) | −$175 (-10.1%) | $1,550 – $1,550 | 1 |
| 1BR | $1,850 | +$250 (+15.6%) | +$125 (+7.2%) | $1,850 – $1,850 | 1 |
| 2BR | $2,220 | −$75 (-3.3%) | −$272 (-10.9%) | $2,078 – $2,500 | 12 |
| 2BR | $2,050 | −$245 (-10.7%) | −$442 (-17.8%) | $2,050 – $2,050 | 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 | $1,450 | $1,549 | −$99 (-6.4%) |
| Studio | $1,000 | $1,549 | −$549 (-35.4%) |
| 1BR | $1,550 | $1,795 | −$245 (-13.6%) |
| 1BR | $1,850 | $1,795 | +$55 (+3.1%) |
| 2BR | $2,220 | $2,425 | −$205 (-8.5%) |
| 2BR | $2,050 | $2,425 | −$375 (-15.5%) |
Citywide figure is the median of zip-level medians across 120 Los Angeles zip codes with listings in October 2020.