Monthly Rent Report
Burbank Rent Report — August 2020
Asking rents in ZIP 91506, Los Angeles, from 33 listings.
Median 1BR rent in Burbank was $1,795 in August 2020, flat versus July 2020. The middle half of 1BR listings asked between $1,735 and $1,945. That puts Burbank in line with the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 33 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$185 (-11.3%) | — | $1,374 – $1,500 | 4 |
| Studio | $1,450 | −$185 (-11.3%) | — | $1,374 – $1,500 | 4 |
| 1BR | $1,795 | $0 (0.0%) | — | $1,735 – $1,945 | 3 |
| 1BR | $1,795 | $0 (0.0%) | — | $1,735 – $1,945 | 3 |
| 2BR | $2,650 | +$255 (+10.6%) | — | $2,498 – $3,075 | 7 |
| 2BR | $2,650 | +$255 (+10.6%) | — | $2,498 – $3,075 | 7 |
| 3BR | $3,823 | −$277 (-6.8%) | — | $3,409 – $4,236 | 2 |
| 3BR | $2,995 | −$1,105 (-27.0%) | — | $2,835 – $3,823 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — August 2020
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,595 | −$145 (-9.1%) |
| Studio | $1,450 | $1,595 | −$145 (-9.1%) |
| 1BR | $1,795 | $1,795 | $0 (0.0%) |
| 1BR | $1,795 | $1,795 | $0 (0.0%) |
| 2BR | $2,650 | $2,400 | +$250 (+10.4%) |
| 2BR | $2,650 | $2,400 | +$250 (+10.4%) |
| 3BR | $3,823 | $3,350 | +$473 (+14.1%) |
| 3BR | $2,995 | $3,350 | −$355 (-10.6%) |
Citywide figure is the median of zip-level medians across 116 Los Angeles zip codes with listings in August 2020.