Monthly Rent Report
Burbank Rent Report — October 2020
Asking rents in ZIP 91504, Los Angeles, from 49 listings.
Median 1BR rent in Burbank was $2,055 in October 2020, up 14.2% (+$255) from September 2020. The middle half of 1BR listings asked between $1,933 and $2,140. That puts Burbank $260 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 49 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$30 (-2.1%) | — | $1,395 – $1,395 | 1 |
| 1BR | $2,055 | +$255 (+14.2%) | — | $1,933 – $2,140 | 3 |
| 1BR | $1,800 | $0 (0.0%) | — | $1,675 – $1,870 | 11 |
| 2BR | $1,850 | −$525 (-22.1%) | — | $1,850 – $1,850 | 1 |
| 2BR | $2,278 | −$97 (-4.1%) | — | $2,128 – $2,663 | 6 |
| 3BR | $3,800 | +$450 (+13.4%) | — | $3,781 – $3,800 | 10 |
| 3BR | $3,800 | +$450 (+13.4%) | — | $3,775 – $3,800 | 13 |
| 4BR | $4,142 | −$54 (-1.3%) | — | $4,142 – $4,142 | 1 |
| 4BR | $4,271 | +$75 (+1.8%) | — | $4,207 – $4,336 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2020. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2020
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,549 | −$154 (-9.9%) |
| 1BR | $2,055 | $1,795 | +$260 (+14.5%) |
| 1BR | $1,800 | $1,795 | +$5 (+0.3%) |
| 2BR | $1,850 | $2,425 | −$575 (-23.7%) |
| 2BR | $2,278 | $2,425 | −$147 (-6.1%) |
| 3BR | $3,800 | $3,449 | +$352 (+10.2%) |
| 3BR | $3,800 | $3,449 | +$352 (+10.2%) |
| 4BR | $4,142 | $4,200 | −$58 (-1.4%) |
| 4BR | $4,271 | $4,200 | +$71 (+1.7%) |
Citywide figure is the median of zip-level medians across 120 Los Angeles zip codes with listings in October 2020.