Monthly Rent Report
Burbank Rent Report — October 2022
Asking rents in ZIP 91501, Los Angeles, from 25 listings.
Median 1BR rent in Burbank was $2,300 in October 2022, up 9.5% (+$200) from September 2022 and up 39.4% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,300. That puts Burbank $204 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 25 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$250 (-12.8%) | +$275 (+19.3%) | $1,575 – $1,825 | 2 |
| Studio | $1,950 | $0 (0.0%) | +$525 (+36.8%) | $1,950 – $1,950 | 2 |
| 1BR | $2,300 | +$200 (+9.5%) | +$650 (+39.4%) | $2,300 – $2,300 | 1 |
| 1BR | $1,975 | −$125 (-6.0%) | +$325 (+19.7%) | $1,938 – $2,138 | 3 |
| 2BR | $2,250 | −$1,745 (-43.7%) | +$55 (+2.5%) | $2,250 – $2,250 | 1 |
| 2BR | $3,248 | −$747 (-18.7%) | +$1,053 (+47.9%) | $2,695 – $3,900 | 4 |
| 3BR | $4,195 | +$245 (+6.2%) | +$1,245 (+42.2%) | $4,195 – $4,195 | 1 |
| 3BR | $3,455 | −$495 (-12.5%) | +$505 (+17.1%) | $3,385 – $4,595 | 5 |
| 4BR | $6,995 | +$1,000 (+16.7%) | −$500 (-6.7%) | $6,995 – $6,995 | 1 |
| 4BR | $8,995 | +$3,000 (+50.0%) | +$1,500 (+20.0%) | $6,995 – $8,995 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,795 | −$95 (-5.3%) |
| Studio | $1,950 | $1,795 | +$155 (+8.6%) |
| 1BR | $2,300 | $2,096 | +$204 (+9.7%) |
| 1BR | $1,975 | $2,096 | −$121 (-5.8%) |
| 2BR | $2,250 | $2,900 | −$650 (-22.4%) |
| 2BR | $3,248 | $2,900 | +$348 (+12.0%) |
| 3BR | $4,195 | $3,948 | +$248 (+6.3%) |
| 3BR | $3,455 | $3,948 | −$492 (-12.5%) |
| 4BR | $6,995 | $4,838 | +$2,158 (+44.6%) |
| 4BR | $8,995 | $4,838 | +$4,158 (+85.9%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.