Monthly Rent Report
Burbank Rent Report — January 2021
Asking rents in ZIP 91506, Los Angeles, from 5 listings.
Median 1BR rent in Burbank was $1,575 in January 2021, up 65.8% (+$625) from December 2020 and down 22.1% year-over-year. The middle half of 1BR listings asked between $1,575 and $1,575. That puts Burbank $175 below the Los Angeles citywide 1BR median of $1,750. The month's figures are based on 5 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2020 | Vs. January 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | $0 (0.0%) | −$392 (-23.2%) | $1,300 – $1,300 | 1 |
| 1BR | $1,575 | +$625 (+65.8%) | −$447 (-22.1%) | $1,575 – $1,575 | 1 |
| 2BR | $1,850 | −$150 (-7.5%) | −$145 (-7.3%) | $1,850 – $1,850 | 1 |
| 3BR | $3,350 | −$500 (-13.0%) | −$462 (-12.1%) | $3,350 – $3,350 | 1 |
| 4BR | $3,695 | — | $0 (0.0%) | $3,695 – $3,695 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2021. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — January 2021
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,495 | −$195 (-13.0%) |
| 1BR | $1,575 | $1,750 | −$175 (-10.0%) |
| 2BR | $1,850 | $2,375 | −$525 (-22.1%) |
| 3BR | $3,350 | $3,429 | −$78 (-2.3%) |
| 4BR | $3,695 | $4,575 | −$880 (-19.2%) |
Citywide figure is the median of zip-level medians across 122 Los Angeles zip codes with listings in January 2021.