Monthly Rent Report
Burbank Rent Report — May 2021
Asking rents in ZIP 91506, Los Angeles, from 52 listings.
Median 1BR rent in Burbank was $1,773 in May 2021, down 9.0% (−$175) from April 2021 and down 9.1% year-over-year. The middle half of 1BR listings asked between $1,761 and $1,784. That puts Burbank $26 below the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 52 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,660 | −$100 (-5.7%) | +$128 (+8.3%) | $1,555 – $2,028 | 7 |
| Studio | $1,660 | −$100 (-5.7%) | +$128 (+8.3%) | $1,555 – $2,028 | 7 |
| 1BR | $1,773 | −$175 (-9.0%) | −$177 (-9.1%) | $1,761 – $1,784 | 2 |
| 1BR | $2,103 | +$155 (+8.0%) | +$153 (+7.8%) | $1,898 – $2,596 | 6 |
| 2BR | $2,048 | −$202 (-9.0%) | −$125 (-5.8%) | $1,988 – $2,096 | 4 |
| 2BR | $2,073 | −$177 (-7.9%) | −$100 (-4.6%) | $1,934 – $2,211 | 2 |
| 3BR | $3,300 | −$45 (-1.3%) | +$300 (+10.0%) | $3,300 – $3,300 | 1 |
| 3BR | $3,295 | −$50 (-1.5%) | +$295 (+9.8%) | $3,295 – $3,295 | 23 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — May 2021
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,660 | $1,521 | +$139 (+9.2%) |
| Studio | $1,660 | $1,521 | +$139 (+9.2%) |
| 1BR | $1,773 | $1,798 | −$25 (-1.4%) |
| 1BR | $2,103 | $1,798 | +$305 (+16.9%) |
| 2BR | $2,048 | $2,450 | −$402 (-16.4%) |
| 2BR | $2,073 | $2,450 | −$377 (-15.4%) |
| 3BR | $3,300 | $3,295 | +$5 (+0.2%) |
| 3BR | $3,295 | $3,295 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.