Monthly Rent Report

Burbank Rent Report — October 2020

Asking rents in ZIP 91506, Los Angeles, from 9 listings.

Median 1BR rent in Burbank was $1,845 in October 2020, down 4.0% (−$77) from September 2020. The middle half of 1BR listings asked between $1,820 and $1,870. That puts Burbank $50 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 9 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2020Vs. Year AgoP25–P75 RangeListings
Studio$1,550$1,525 – $1,5752
1BR$1,845−$77 (-4.0%)$1,820 – $1,8702
1BR$1,575−$347 (-18.1%)$1,575 – $1,5751
2BR$2,595+$348 (+15.5%)$2,595 – $2,5951
3BR$3,775+$875 (+30.2%)$3,538 – $4,0132
3BR$2,995+$95 (+3.3%)$2,995 – $2,9951

Median, P25, and P75 are asking rents from listings posted in October 2020. Changes compare against the nearest prior month with data.

Burbank vs. Los AngelesOctober 2020

BedroomsBurbank MedianLos Angeles Citywide MedianDifference
Studio$1,550$1,549+$1 (+0.1%)
1BR$1,845$1,795+$50 (+2.8%)
1BR$1,575$1,795−$220 (-12.3%)
2BR$2,595$2,425+$170 (+7.0%)
3BR$3,775$3,449+$327 (+9.5%)
3BR$2,995$3,449−$453 (-13.2%)

Citywide figure is the median of zip-level medians across 120 Los Angeles zip codes with listings in October 2020.

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