Monthly Rent Report
Burbank Rent Report — February 2021
Asking rents in ZIP 91502, Los Angeles, from 32 listings.
Median 1BR rent in Burbank was $1,450 in February 2021, down 11.9% (−$195) from January 2021 and down 17.7% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,450. That puts Burbank $363 below the Los Angeles citywide 1BR median of $1,813. The month's figures are based on 32 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2021 | Vs. February 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | +$315 (+27.8%) | −$50 (-3.3%) | $1,450 – $1,450 | 1 |
| 1BR | $1,450 | −$195 (-11.9%) | −$312 (-17.7%) | $1,450 – $1,450 | 1 |
| 1BR | $1,785 | +$140 (+8.5%) | +$23 (+1.3%) | $1,706 – $1,905 | 14 |
| 2BR | $2,195 | +$320 (+17.1%) | −$400 (-15.4%) | $2,195 – $2,195 | 1 |
| 2BR | $2,500 | +$625 (+33.3%) | −$95 (-3.7%) | $2,195 – $2,763 | 10 |
| 3BR | $3,310 | +$510 (+18.2%) | +$460 (+16.1%) | $3,231 – $3,368 | 4 |
| 3BR | $3,340 | +$540 (+19.3%) | +$490 (+17.2%) | $3,340 – $3,340 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2021. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — February 2021
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,550 | −$100 (-6.5%) |
| 1BR | $1,450 | $1,813 | −$362 (-20.0%) |
| 1BR | $1,785 | $1,813 | −$27 (-1.5%) |
| 2BR | $2,195 | $2,446 | −$250 (-10.2%) |
| 2BR | $2,500 | $2,446 | +$55 (+2.2%) |
| 3BR | $3,310 | $3,448 | −$137 (-4.0%) |
| 3BR | $3,340 | $3,448 | −$107 (-3.1%) |
Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in February 2021.