Monthly Rent Report

Burbank Rent Report — May 2021

Asking rents in ZIP 91502, Los Angeles, from 29 listings.

Median 1BR rent in Burbank was $1,795 in May 2021, up 1.1% (+$20) from April 2021 and up 2.6% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,795. That puts Burbank in line with the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 29 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2021Vs. May 2020P25–P75 RangeListings
Studio$1,400−$85 (-5.7%)−$95 (-6.4%)$1,400 – $1,4001
Studio$1,400−$85 (-5.7%)−$95 (-6.4%)$1,400 – $1,4001
1BR$1,795+$20 (+1.1%)+$45 (+2.6%)$1,795 – $1,7951
1BR$1,725−$50 (-2.8%)−$25 (-1.4%)$1,695 – $1,7959
2BR$1,850−$532 (-22.4%)−$720 (-28.0%)$1,850 – $1,8501
2BR$2,325−$57 (-2.4%)−$245 (-9.5%)$2,325 – $2,32510
3BR$3,950+$713 (+22.0%)+$805 (+25.6%)$3,950 – $3,9504
3BR$3,950+$713 (+22.0%)+$805 (+25.6%)$3,950 – $3,9502

Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.

Burbank vs. Los AngelesMay 2021

BedroomsBurbank MedianLos Angeles Citywide MedianDifference
Studio$1,400$1,521−$121 (-7.9%)
Studio$1,400$1,521−$121 (-7.9%)
1BR$1,795$1,798−$3 (-0.2%)
1BR$1,725$1,798−$73 (-4.1%)
2BR$1,850$2,450−$600 (-24.5%)
2BR$2,325$2,450−$125 (-5.1%)
3BR$3,950$3,295+$655 (+19.9%)
3BR$3,950$3,295+$655 (+19.9%)

Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.

Advertisement