Monthly Rent Report
Burbank Rent Report — August 2021
Asking rents in ZIP 91506, Los Angeles, from 42 listings.
Median 1BR rent in Burbank was $1,475 in August 2021, down 15.7% (−$275) from July 2021 and down 17.8% year-over-year. The middle half of 1BR listings asked between $1,475 and $1,475. That puts Burbank $388 below the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 42 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | — | −$55 (-3.8%) | $1,395 – $1,395 | 1 |
| Studio | $1,395 | — | −$55 (-3.8%) | $1,395 – $1,395 | 1 |
| 1BR | $1,475 | −$275 (-15.7%) | −$320 (-17.8%) | $1,475 – $1,475 | 1 |
| 1BR | $1,750 | $0 (0.0%) | −$45 (-2.5%) | $1,750 – $1,750 | 5 |
| 2BR | $2,350 | −$845 (-26.4%) | −$300 (-11.3%) | $2,350 – $2,350 | 1 |
| 2BR | $2,325 | −$870 (-27.2%) | −$325 (-12.3%) | $2,224 – $2,425 | 4 |
| 3BR | $3,295 | $0 (0.0%) | −$527 (-13.8%) | $3,295 – $3,945 | 28 |
| 3BR | $7,000 | +$3,705 (+112.4%) | +$3,178 (+83.1%) | $7,000 – $7,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — August 2021
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,549 | −$153 (-9.9%) |
| Studio | $1,395 | $1,549 | −$153 (-9.9%) |
| 1BR | $1,475 | $1,863 | −$387 (-20.8%) |
| 1BR | $1,750 | $1,863 | −$112 (-6.0%) |
| 2BR | $2,350 | $2,680 | −$330 (-12.3%) |
| 2BR | $2,325 | $2,680 | −$355 (-13.2%) |
| 3BR | $3,295 | $3,595 | −$300 (-8.3%) |
| 3BR | $7,000 | $3,595 | +$3,405 (+94.7%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.