Monthly Rent Report
Burbank Rent Report — July 2020
Asking rents in ZIP 91506, Los Angeles, from 41 listings.
Median 1BR rent in Burbank was $1,795 in July 2020, down 0.3% (−$5) from June 2020. The middle half of 1BR listings asked between $1,650 and $2,015. That puts Burbank in line with the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 41 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,635 | +$20 (+1.2%) | — | $1,618 – $1,960 | 3 |
| Studio | $1,635 | +$20 (+1.2%) | — | $1,618 – $1,960 | 3 |
| 1BR | $1,795 | −$5 (-0.3%) | — | $1,650 – $2,015 | 7 |
| 1BR | $1,795 | −$5 (-0.3%) | — | $1,650 – $2,015 | 7 |
| 2BR | $2,395 | +$345 (+16.8%) | — | $2,300 – $2,725 | 7 |
| 2BR | $2,395 | +$345 (+16.8%) | — | $2,300 – $2,725 | 7 |
| 3BR | $4,200 | +$1,153 (+37.8%) | — | $4,200 – $4,200 | 1 |
| 3BR | $4,100 | +$1,053 (+34.5%) | — | $4,050 – $4,150 | 2 |
| 4BR | $3,970 | — | — | $3,960 – $3,980 | 2 |
| 4BR | $3,970 | — | — | $3,960 – $3,980 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2020. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — July 2020
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,635 | $1,655 | −$20 (-1.2%) |
| Studio | $1,635 | $1,655 | −$20 (-1.2%) |
| 1BR | $1,795 | $1,795 | $0 (0.0%) |
| 1BR | $1,795 | $1,795 | $0 (0.0%) |
| 2BR | $2,395 | $2,497 | −$101 (-4.1%) |
| 2BR | $2,395 | $2,497 | −$101 (-4.1%) |
| 3BR | $4,200 | $3,325 | +$875 (+26.3%) |
| 3BR | $4,100 | $3,325 | +$775 (+23.3%) |
| 4BR | $3,970 | $4,123 | −$153 (-3.7%) |
| 4BR | $3,970 | $4,123 | −$153 (-3.7%) |
Citywide figure is the median of zip-level medians across 118 Los Angeles zip codes with listings in July 2020.