Monthly Rent Report
Burbank Rent Report — April 2020
Asking rents in ZIP 91506, Los Angeles, from 31 listings.
Median 1BR rent in Burbank was $2,160 in April 2020, down 9.9% (−$237) from March 2020. The middle half of 1BR listings asked between $1,886 and $2,458. That puts Burbank $338 above the Los Angeles citywide 1BR median of $1,823. The month's figures are based on 31 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,615 | −$215 (-11.7%) | — | $1,459 – $1,848 | 4 |
| Studio | $1,685 | −$145 (-7.9%) | — | $1,615 – $2,010 | 3 |
| 1BR | $2,160 | −$237 (-9.9%) | — | $1,886 – $2,458 | 4 |
| 1BR | $2,720 | +$323 (+13.5%) | — | $2,720 – $2,720 | 1 |
| 2BR | $2,200 | −$222 (-9.2%) | — | $2,074 – $2,524 | 4 |
| 2BR | $2,500 | +$78 (+3.2%) | — | $2,200 – $2,900 | 7 |
| 3BR | $3,550 | +$150 (+4.4%) | — | $3,075 – $3,946 | 6 |
| 3BR | $3,600 | +$200 (+5.9%) | — | $3,300 – $3,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2020. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — April 2020
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,615 | $1,648 | −$32 (-2.0%) |
| Studio | $1,685 | $1,648 | +$38 (+2.3%) |
| 1BR | $2,160 | $1,823 | +$338 (+18.5%) |
| 1BR | $2,720 | $1,823 | +$898 (+49.2%) |
| 2BR | $2,200 | $2,397 | −$197 (-8.2%) |
| 2BR | $2,500 | $2,397 | +$103 (+4.3%) |
| 3BR | $3,550 | $3,420 | +$130 (+3.8%) |
| 3BR | $3,600 | $3,420 | +$180 (+5.3%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in April 2020.