Monthly Rent Report
Burbank Rent Report — July 2021
Asking rents in ZIP 91502, Los Angeles, from 7 listings.
Median 1BR rent in Burbank was $1,595 in July 2021, down 11.6% (−$210) from June 2021 and down 13.8% year-over-year. The middle half of 1BR listings asked between $1,595 and $1,595. That puts Burbank $250 below the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 7 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,575 | +$250 (+18.9%) | — | $1,575 – $1,575 | 1 |
| Studio | $1,525 | +$200 (+15.1%) | — | $1,525 – $1,525 | 1 |
| 1BR | $1,595 | −$210 (-11.6%) | −$255 (-13.8%) | $1,595 – $1,595 | 1 |
| 1BR | $2,195 | +$390 (+21.6%) | +$345 (+18.6%) | $2,195 – $2,195 | 1 |
| 2BR | $3,295 | +$946 (+40.2%) | +$1,000 (+43.6%) | $3,295 – $3,295 | 1 |
| 2BR | $2,433 | +$83 (+3.5%) | +$138 (+6.0%) | $2,364 – $2,501 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — July 2021
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,575 | $1,525 | +$50 (+3.3%) |
| Studio | $1,525 | $1,525 | $0 (0.0%) |
| 1BR | $1,595 | $1,845 | −$250 (-13.6%) |
| 1BR | $2,195 | $1,845 | +$350 (+19.0%) |
| 2BR | $3,295 | $2,529 | +$767 (+30.3%) |
| 2BR | $2,433 | $2,529 | −$96 (-3.8%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in July 2021.