Monthly Rent Report
Burbank Rent Report — February 2021
Asking rents in ZIP 91506, Los Angeles, from 20 listings.
Median 1BR rent in Burbank was $1,650 in February 2021, up 4.8% (+$75) from January 2021 and up 3.1% year-over-year. The middle half of 1BR listings asked between $1,584 and $2,001. That puts Burbank $163 below the Los Angeles citywide 1BR median of $1,813. The month's figures are based on 20 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2021 | Vs. February 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | +$50 (+3.8%) | +$55 (+4.2%) | $1,350 – $1,350 | 1 |
| Studio | $1,750 | +$450 (+34.6%) | +$455 (+35.1%) | $1,693 – $2,063 | 3 |
| 1BR | $1,650 | +$75 (+4.8%) | +$50 (+3.1%) | $1,584 – $2,001 | 8 |
| 1BR | $1,250 | −$325 (-20.6%) | −$350 (-21.9%) | $1,250 – $1,250 | 1 |
| 2BR | $2,300 | +$450 (+24.3%) | −$1,095 (-32.3%) | $2,038 – $2,450 | 3 |
| 2BR | $1,850 | $0 (0.0%) | −$1,545 (-45.5%) | $1,850 – $1,850 | 1 |
| 3BR | $3,700 | +$350 (+10.4%) | +$100 (+2.8%) | $3,700 – $3,700 | 1 |
| 3BR | $3,300 | −$50 (-1.5%) | −$300 (-8.3%) | $3,300 – $3,300 | 1 |
| 4BR | $6,750 | +$3,055 (+82.7%) | — | $6,750 – $6,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2021. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — February 2021
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,550 | −$200 (-12.9%) |
| Studio | $1,750 | $1,550 | +$200 (+12.9%) |
| 1BR | $1,650 | $1,813 | −$162 (-9.0%) |
| 1BR | $1,250 | $1,813 | −$562 (-31.0%) |
| 2BR | $2,300 | $2,446 | −$145 (-5.9%) |
| 2BR | $1,850 | $2,446 | −$595 (-24.4%) |
| 3BR | $3,700 | $3,448 | +$253 (+7.3%) |
| 3BR | $3,300 | $3,448 | −$147 (-4.3%) |
| 4BR | $6,750 | $4,412 | +$2,338 (+53.0%) |
Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in February 2021.