Monthly Rent Report
Burbank Rent Report — March 2021
Asking rents in ZIP 91502, Los Angeles, from 63 listings.
Median 1BR rent in Burbank was $1,695 in March 2021, up 16.9% (+$245) from February 2021 and down 3.1% year-over-year. The middle half of 1BR listings asked between $1,595 and $1,775. That puts Burbank $100 below the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 63 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. March 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | −$150 (-10.3%) | −$297 (-18.6%) | $1,300 – $1,300 | 1 |
| 1BR | $1,695 | +$245 (+16.9%) | −$55 (-3.1%) | $1,595 – $1,775 | 17 |
| 1BR | $1,695 | +$245 (+16.9%) | −$55 (-3.1%) | $1,595 – $1,775 | 17 |
| 2BR | $2,605 | +$105 (+4.2%) | −$241 (-8.5%) | $2,199 – $2,830 | 12 |
| 2BR | $2,605 | +$105 (+4.2%) | −$241 (-8.5%) | $2,199 – $2,830 | 12 |
| 3BR | $3,595 | +$255 (+7.6%) | +$263 (+7.9%) | $3,568 – $3,623 | 2 |
| 3BR | $3,595 | +$255 (+7.6%) | +$263 (+7.9%) | $3,568 – $3,623 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — March 2021
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,500 | −$200 (-13.3%) |
| 1BR | $1,695 | $1,795 | −$100 (-5.6%) |
| 1BR | $1,695 | $1,795 | −$100 (-5.6%) |
| 2BR | $2,605 | $2,450 | +$155 (+6.3%) |
| 2BR | $2,605 | $2,450 | +$155 (+6.3%) |
| 3BR | $3,595 | $3,375 | +$220 (+6.5%) |
| 3BR | $3,595 | $3,375 | +$220 (+6.5%) |
Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in March 2021.