Real Estate Investing in Burbank, California (91506)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 91506 (Burbank, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 39.2 — hard to cash-flow at these prices.
What’s happening in Burbank, CA (91506)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 91506 Burbank
ZIP 91506 inside Los Angeles County looks affordable on the surface — median value of $1.2M — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 91506 can be a a viable market for hunting ground — but the discount at $1.2M reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Burbank have seen price recovery that 91506 has not matched. Los Angeles County data supports the view that the spread is structural rather than temporary.
Who lives in 91506 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 91506 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Burbank:
Property Strategy for 91506
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $792,390 | $2,160 | 2.0% | +1.7% | $792,390 |
| 2BR | $1,036,092 | $2,700 | 1.9% | +5.2% | $518,046 |
| 3BR | $1,233,830 | $3,420 | 2.0% | +5.8% | $411,277 |
| 4BR | $1,419,129 | $3,810 | 1.9% | +6.0% | $354,782 |
| 5BR | $1,581,628 | — | — | +5.2% | $316,326 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 91506 Compare?
| Metric | 91506 | Burbank | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $1,209,300 | $1,121,661 | N/A | $761,003 |
| 5-Year CAGR | 3.2% | 3.6% | N/A | 5.7% |
| Avg Rent | $2,572 | $2,800 | N/A | - |
| Cap Rate | 1.7% | 2.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 91506 (Burbank, CA). Anonymous, moderated, never written by AI.
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Property managers serving Los Angeles County
Manage rentals here? List your business →A Better Property Management Company Inc. provides property management services in Long Beach, Seal Beach, and Southern California. summary from their website
ACF Property Management leases shopping center spaces nationwide, managing over 37 shopping centers in 11 states from California to Florida. summary from their website
summary from their website summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,209,300 |
| Monthly Rent | $2,572 |
| Price-to-Rent | 39.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 4.9% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +3.2% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 91506
Population: 18,773
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 91506
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Berenece Carlson Home Hospital
East Valley Senior High
Lankershim Elementary
Maurice Sendak Elementary
Toluca Lake Elementary
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are homes affordable in Burbank, CA?
Expect median prices around $1.2M in Burbank, CA. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
Can I house hack in Burbank, CA?
House hacking in Burbank, CA is a tougher. With home values around $1.2M and rents at $2,572/mo, owner-occupants can offset a meaningful share of PITI.
What is it like being a landlord in Burbank, CA?
Landlord-friendliness in Burbank, CA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Burbank, CA a good place for real estate investing?
With a 2.0/5 investability score, Burbank, CA ranks as a solid market for rental property investors. Median prices of $1.2M and rents of $2,572/mo drive the underlying numbers.
How deep is the rental pool in Burbank, CA?
Working renters make up the core of the Burbank, CA tenant base. The pool is reasonable for investors targeting long-term holds.
You know 91506 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 91506 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 91506 ranks in Los Angeles-Long Beach-Anaheim, CA
Every ZIP in this metro, ranked. Free.
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