Monthly Rent Report
Burbank Rent Report — May 2020
Asking rents in ZIP 91506, Los Angeles, from 74 listings.
Median 1BR rent in Burbank was $1,950 in May 2020, down 9.7% (−$210) from April 2020. The middle half of 1BR listings asked between $1,915 and $2,565. That puts Burbank in line with the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 74 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,565 | −$120 (-7.1%) | — | $1,500 – $1,705 | 13 |
| Studio | $1,533 | −$152 (-9.1%) | — | $1,463 – $1,670 | 10 |
| 1BR | $1,950 | −$210 (-9.7%) | — | $1,915 – $2,565 | 13 |
| 1BR | $1,950 | −$210 (-9.7%) | — | $1,866 – $2,411 | 10 |
| 2BR | $2,173 | −$27 (-1.3%) | — | $1,984 – $2,425 | 12 |
| 2BR | $2,173 | −$27 (-1.3%) | — | $1,961 – $2,675 | 14 |
| 3BR | $3,000 | −$550 (-15.5%) | — | $3,000 – $3,000 | 1 |
| 3BR | $3,000 | −$550 (-15.5%) | — | $3,000 – $3,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2020. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — May 2020
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,565 | $1,650 | −$85 (-5.2%) |
| Studio | $1,533 | $1,650 | −$117 (-7.1%) |
| 1BR | $1,950 | $1,950 | $0 (0.0%) |
| 1BR | $1,950 | $1,950 | $0 (0.0%) |
| 2BR | $2,173 | $2,550 | −$377 (-14.8%) |
| 2BR | $2,173 | $2,550 | −$377 (-14.8%) |
| 3BR | $3,000 | $3,395 | −$395 (-11.6%) |
| 3BR | $3,000 | $3,395 | −$395 (-11.6%) |
Citywide figure is the median of zip-level medians across 118 Los Angeles zip codes with listings in May 2020.