Monthly Rent Report
Burbank Rent Report — December 2022
Asking rents in ZIP 91501, Los Angeles, from 51 listings.
Median 1BR rent in Burbank was $1,700 in December 2022, down 27.7% (−$650) from November 2022 and up 0.3% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Burbank $393 below the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 51 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | −$55 (-2.8%) | +$545 (+40.4%) | $1,895 – $1,895 | 1 |
| Studio | $1,895 | −$55 (-2.8%) | +$545 (+40.4%) | $1,895 – $1,895 | 2 |
| 1BR | $1,700 | −$650 (-27.7%) | +$5 (+0.3%) | $1,700 – $1,700 | 1 |
| 1BR | $1,850 | −$500 (-21.3%) | +$155 (+9.1%) | $1,738 – $2,019 | 6 |
| 2BR | $2,795 | −$325 (-10.4%) | −$55 (-1.9%) | $2,594 – $3,450 | 30 |
| 2BR | $2,095 | −$1,025 (-32.9%) | −$755 (-26.5%) | $2,095 – $2,095 | 1 |
| 3BR | $3,700 | +$245 (+7.1%) | −$1,300 (-26.0%) | $3,700 – $3,700 | 1 |
| 3BR | $6,800 | +$3,345 (+96.8%) | +$1,800 (+36.0%) | $6,800 – $6,800 | 1 |
| 4BR | $7,850 | −$1,145 (-12.7%) | — | $7,200 – $8,500 | 6 |
| 4BR | $7,200 | −$1,795 (-20.0%) | — | $7,200 – $7,200 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — December 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,795 | +$100 (+5.6%) |
| Studio | $1,895 | $1,795 | +$100 (+5.6%) |
| 1BR | $1,700 | $2,093 | −$392 (-18.8%) |
| 1BR | $1,850 | $2,093 | −$242 (-11.6%) |
| 2BR | $2,795 | $2,795 | $0 (0.0%) |
| 2BR | $2,095 | $2,795 | −$700 (-25.0%) |
| 3BR | $3,700 | $4,145 | −$445 (-10.7%) |
| 3BR | $6,800 | $4,145 | +$2,655 (+64.1%) |
| 4BR | $7,850 | $4,998 | +$2,853 (+57.1%) |
| 4BR | $7,200 | $4,998 | +$2,203 (+44.1%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.