Monthly Rent Report
Burbank Rent Report — March 2021
Asking rents in ZIP 91504, Los Angeles, from 69 listings.
Median 1BR rent in Burbank was $1,795 in March 2021, up 4.1% (+$71) from February 2021. 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 $1,795. The month's figures are based on 69 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$220 (+17.3%) | — | $1,495 – $1,495 | 1 |
| Studio | $1,495 | +$220 (+17.3%) | — | $1,495 – $1,495 | 1 |
| 1BR | $1,795 | +$71 (+4.1%) | — | $1,795 – $1,795 | 1 |
| 1BR | $1,722 | −$2 (-0.1%) | — | $1,620 – $1,950 | 22 |
| 2BR | $2,850 | +$1,125 (+65.2%) | — | $2,275 – $3,175 | 3 |
| 2BR | $2,150 | +$425 (+24.6%) | — | $2,010 – $2,275 | 19 |
| 3BR | $3,400 | $0 (0.0%) | — | $3,400 – $3,400 | 1 |
| 3BR | $3,295 | −$105 (-3.1%) | — | $3,295 – $3,295 | 20 |
| 4BR | $3,395 | −$427 (-11.2%) | — | $3,395 – $3,395 | 1 |
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 | $1,495 | $1,500 | −$5 (-0.3%) |
| Studio | $1,495 | $1,500 | −$5 (-0.3%) |
| 1BR | $1,795 | $1,795 | $0 (0.0%) |
| 1BR | $1,722 | $1,795 | −$73 (-4.1%) |
| 2BR | $2,850 | $2,450 | +$400 (+16.3%) |
| 2BR | $2,150 | $2,450 | −$300 (-12.2%) |
| 3BR | $3,400 | $3,375 | +$25 (+0.7%) |
| 3BR | $3,295 | $3,375 | −$80 (-2.4%) |
| 4BR | $3,395 | $3,800 | −$405 (-10.7%) |
Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in March 2021.