Monthly Rent Report
Burbank Rent Report — May 2022
Asking rents in ZIP 91501, Los Angeles, from 6 listings.
Median 1BR rent in Burbank was $2,150 in May 2022, up 13.2% (+$250) from April 2022 and up 30.3% year-over-year. The middle half of 1BR listings asked between $2,150 and $2,150. That puts Burbank $200 above the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 6 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,575 | +$3 (+0.2%) | +$175 (+12.5%) | $1,575 – $1,575 | 1 |
| 1BR | $2,150 | +$250 (+13.2%) | +$500 (+30.3%) | $2,150 – $2,150 | 1 |
| 2BR | $2,895 | +$745 (+34.7%) | +$445 (+18.2%) | $2,895 – $2,895 | 1 |
| 3BR | $4,200 | +$600 (+16.7%) | +$800 (+23.5%) | $4,200 – $4,200 | 1 |
| 4BR | $9,000 | — | +$4,050 (+81.8%) | $9,000 – $9,000 | 1 |
| 4BR | $9,000 | — | +$4,050 (+81.8%) | $9,000 – $9,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — May 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,575 | $1,620 | −$45 (-2.8%) |
| 1BR | $2,150 | $1,950 | +$200 (+10.3%) |
| 2BR | $2,895 | $2,800 | +$95 (+3.4%) |
| 3BR | $4,200 | $3,995 | +$205 (+5.1%) |
| 4BR | $9,000 | $5,100 | +$3,900 (+76.5%) |
| 4BR | $9,000 | $5,100 | +$3,900 (+76.5%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.