Monthly Rent Report
Burbank Rent Report — March 2022
Asking rents in ZIP 91502, Los Angeles, from 7 listings.
Median 1BR rent in Burbank was $1,795 in March 2022, down 7.7% (−$150) from February 2022 and up 5.9% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,795. That puts Burbank $105 below the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 7 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,375 | −$8,525 (-86.1%) | +$75 (+5.8%) | $1,375 – $1,375 | 1 |
| 1BR | $1,795 | −$150 (-7.7%) | +$100 (+5.9%) | $1,795 – $1,795 | 1 |
| 2BR | $3,520 | +$1,220 (+53.0%) | +$915 (+35.1%) | $3,452 – $3,613 | 4 |
| 3BR | $4,015 | +$100 (+2.6%) | +$420 (+11.7%) | $4,015 – $4,015 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — March 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,375 | $1,600 | −$225 (-14.1%) |
| 1BR | $1,795 | $1,900 | −$105 (-5.5%) |
| 2BR | $3,520 | $2,775 | +$745 (+26.8%) |
| 3BR | $4,015 | $3,700 | +$315 (+8.5%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in March 2022.