Monthly Rent Report
Burbank Rent Report — March 2021
Asking rents in ZIP 91506, Los Angeles, from 20 listings.
Median 1BR rent in Burbank was $1,893 in March 2021, up 51.4% (+$643) from February 2021 and down 21.1% year-over-year. The middle half of 1BR listings asked between $1,860 and $1,978. That puts Burbank $98 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 20 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. March 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$50 (-2.9%) | −$130 (-7.1%) | $1,643 – $2,013 | 3 |
| Studio | $1,700 | −$50 (-2.9%) | −$130 (-7.1%) | $1,643 – $2,013 | 3 |
| 1BR | $1,893 | +$643 (+51.4%) | −$505 (-21.1%) | $1,860 – $1,978 | 6 |
| 1BR | $1,550 | +$300 (+24.0%) | −$847 (-35.3%) | $1,550 – $1,550 | 1 |
| 2BR | $2,050 | −$250 (-10.9%) | −$372 (-15.4%) | $1,975 – $2,623 | 3 |
| 2BR | $2,150 | −$150 (-6.5%) | −$272 (-11.2%) | $2,150 – $2,150 | 1 |
| 3BR | $4,200 | +$500 (+13.5%) | +$800 (+23.5%) | $4,200 – $4,200 | 1 |
| 3BR | $4,200 | +$500 (+13.5%) | +$800 (+23.5%) | $4,200 – $4,200 | 1 |
| 4BR | $3,500 | −$3,250 (-48.1%) | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — March 2021
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,500 | +$200 (+13.3%) |
| Studio | $1,700 | $1,500 | +$200 (+13.3%) |
| 1BR | $1,893 | $1,795 | +$98 (+5.4%) |
| 1BR | $1,550 | $1,795 | −$245 (-13.6%) |
| 2BR | $2,050 | $2,450 | −$400 (-16.3%) |
| 2BR | $2,150 | $2,450 | −$300 (-12.2%) |
| 3BR | $4,200 | $3,375 | +$825 (+24.4%) |
| 3BR | $4,200 | $3,375 | +$825 (+24.4%) |
| 4BR | $3,500 | $3,800 | −$300 (-7.9%) |
Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in March 2021.