Monthly Rent Report
Burbank Rent Report — November 2020
Asking rents in ZIP 91502, Los Angeles, from 25 listings.
Median 1BR rent in Burbank was $1,725 in November 2020, up 11.3% (+$175) from October 2020 and down 6.8% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,773. That puts Burbank $70 below the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 25 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2020 | Vs. November 2019 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | +$295 (+29.5%) | +$20 (+1.6%) | $1,295 – $1,295 | 1 |
| 1BR | $1,725 | +$175 (+11.3%) | −$125 (-6.8%) | $1,700 – $1,773 | 7 |
| 2BR | $2,200 | −$20 (-0.9%) | +$28 (+1.3%) | $2,123 – $2,698 | 15 |
| 3BR | $3,485 | — | +$790 (+29.3%) | $3,480 – $3,490 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2020. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — November 2020
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,550 | −$255 (-16.5%) |
| 1BR | $1,725 | $1,795 | −$70 (-3.9%) |
| 2BR | $2,200 | $2,394 | −$194 (-8.1%) |
| 3BR | $3,485 | $3,600 | −$115 (-3.2%) |
Citywide figure is the median of zip-level medians across 120 Los Angeles zip codes with listings in November 2020.