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Rental Insights for ZIP Code 91504 (Burbank, CA)

Housing Rentals in ZIP Code 91504 (Burbank, CA)

91504 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 91504

The 91504 ZIP Code is primarily located in Burbank, CA in Los Angeles County. The median housing rent payment in this California region is $1,728 per month. About 45.9% of total housing units in this Los Angeles County ZIP Code are occupied by renters, while the estimated rental vacancy rate is 3.1%.

The median rent in ZIP Code 91504 of $1,728 per month is 15% higher than the aggregate California median monthly rent of $1,503, and is 63% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 29.8% of residents in ZIP Code 91504 pay between $1,000 and $1,499 per month for rent. That is 4% higher than in California overall, in which 28.6% of total state residents pay between $1,000 and $1,499 per month for housing. Just 0.8% of ZIP Code 91504 renters pay less than $500 for monthly rent.

ZIP Code 91504 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 91504

See the chart below for a comparison of monthly rental costs in ZIP Code 91504, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 91504 along with those in the state of California and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 91504

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 91504 California U.S.
Less than $500 0.8% 4.9% 9.4%
$500 to $999 7.4% 16.5% 36.2%
$1,000 to $1,499 29.8% 28.6% 30.0%
$1,500 to $1,999 26.3% 23.2% 14.0%
$2,000 to $2,499 19.9% 13.4% 5.6%
$2,500 to $2,999 10.2% 6.9% 2.4%
$3,000 or more 5.7% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 91504

Renters in ZIP Code 91504 use an estimated 30.89% of their income to cover their monthly rent payments. That is about 1% lower than in California overall. The estimate for California overall is 31.23% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 91504 renters use about 4% more of their income to cover rent expense. Household income figures for ZIP Code 91504 come in higher than in California as a whole. The median annual household income in ZIP Code 91504 of $83,994 sits approximately 12% higher than the overall California median income of $75,235 and approximately 34% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 91504

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 91504, California, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 91504 along with the same calculations in the state of California and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 91504

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 91504 California U.S.
Less than 15.0 percent 10.8% 10.3% 13.1%
15.0 to 19.9 percent 9.1% 11.2% 12.9%
20.0 to 24.9 percent 14.5% 12.2% 12.9%
25.0 to 29.9 percent 14.1% 11.5% 11.6%
30.0 to 34.9 percent 8.5% 9.6% 9.1%
35.0 percent or more 43.1% 45.2% 40.5%

Household Income in ZIP Code 91504

See the table below for the regional comparison of annual household income in ZIP Code 91504.

Income ZIP 91504 California U.S.
Less than $10,000 5.0% 4.8% 6.0%
$10,000 to $14,999 2.8% 4.1% 4.3%
$15,000 to $24,999 5.9% 7.5% 8.9%
$25,000 to $34,999 5.7% 7.5% 8.9%
$35,000 to $49,999 9.4% 10.5% 12.3%
$50,000 to $74,999 15.8% 15.5% 17.2%
$75,000 to $99,999 13.1% 12.4% 12.7%
$100,000 to $149,999 16.6% 16.6% 15.1%
$150,000 to $199,999 9.5% 8.9% 6.8%
$200,000 or more 16.4% 12.2% 7.7%

Household Income in ZIP Code 91504

See the chart below for a comparison of annual household income figures in ZIP Code 91504, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 91504 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 91504

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 91504.

ZIP 91504 California U.S.
Median Housing Rent $1,728 $1,503 $1,062
Renter-Occupied Housing Units 45.9% 45.2% 36.0%
Rental Vacancy Rate 3.1% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.68 2.88 2.49
Average # of Bedrooms Per Unit 2.41 2.63 2.75
Percent of Income Spent on Rent 30.89% 31.23% 29.83%
Per Capita Income $43,562 $36,955 $34,103
Median Household Income $120,326 $106,916 $88,607
Living Below the Poverty Line 5.7% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 91504

In ZIP Code 91504 (Burbank, CA), and estimated 45.9% of housing units are occupied by renters. This region has an approximate rental vacany rate of 3.1%.

The per capita income in 91504 is estimated at $43,562, which goes along with an estimated median household income of $120,326. About 5.7% of residents in this Los Angeles County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.68 occupants, while the units have an aggregate average size of 2.41 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 30.89% of their income on housing rental costs.

Rental FAQs for ZIP Code 91504

1

What is the median monthly rent in ZIP Code 91504?

Median rent for housing in ZIP Code 91504 in Los Angeles County in California is approximately $1,728 per month.
2

Is it expensive to rent in ZIP Code 91504?

Rent in ZIP Code 91504 is higher than average in the state of California overall. The median monthly rent of $1,728 in ZIP Code 91504 is approximately 15% higher than the California median of $1,503. Additionally, median rent in this Burbank, CA region ($1,728) is about 63% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 91504?

High-priced rentals are less common in ZIP Code 91504 than in California overall. The percentage of rentals in ZIP Code 91504 that cost $3,000 or more per month (5.7%) is about 15% lower than the California rate of 6.7% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 138% lower than the aforementioned 91504 rate of 5.7%.
4

Are affordable rentals common in ZIP Code 91504?

Affordable rentals are less common in ZIP Code 91504 than in California overall. The percentage of housing rentals in ZIP Code 91504 costing $999 or less per month (8.2%) is approximately 62% lower than the California rate of 21.4% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 82% higher than the previously mentioned 91504 rate of 8.2%.
5

What is the most common cost range that rentals fall into in ZIP Code 91504?

The most common range for rental cost in ZIP Code 91504 is between $1,000 and $1,499 per month. About 29.8% of renters in 91504 pay in this range for monthly rent. In comparison, approximately 28.6% of renters in the state of California fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 91504 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 91504 is lower than the rental vacancy rate in the state of California overall. Rental vacancy of 3.1% in ZIP Code 91504 is about 14% lower than the California rate of 3.6%. Looking more broadly, rental vacancy in this Burbank, CA region (3.1%) is an estimated 48% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 91504? How does it compare to other California regions?

Median household income in ZIP Code 91504 is higher than in the state of California overall. Annual household income of $83,994 in ZIP Code 91504 is about 12% higher than the California median of $75,235. Additionally, median household income in this Burbank, CA region ($83,994) is approximately 34% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 91504 spend on housing costs?

Renters in ZIP Code 91504 spend a lower amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 91504 spend an estimated 30.89% of their income on rent payments, which is about 1% lower than the overall California estimated rate of 31.23%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 4% lower than the ZIP Code 91504 estimated rate of 30.89%.
9

Do renters in ZIP Code 91504 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 91504 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 91504 spending 30 percent or more of their income on rent costs (51.6%) is approximately 6% lower than the California rate of 54.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 4% lower than the aforementioned 91504 rate of 51.6%.
10

What is the average household size of renter-occupied units in ZIP Code 91504?

The average household size of renter-occupied units in ZIP Code 91504 is lower than in the state of California overall. Annual household size of 2.68 in ZIP Code 91504 is about 7% lower than the California median of 2.88. Additionally, median household size in this Burbank, CA region (2.68) is approximately 8% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other California ZIP Codes