Monthly Rent Report
Burbank Rent Report — July 2022
Asking rents in ZIP 91502, Los Angeles, from 22 listings.
Median 1BR rent in Burbank was $1,750 in July 2022, down 50.6% (−$1,790) from June 2022 and down 20.3% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts Burbank $350 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 22 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,750 | −$1,790 (-50.6%) | −$445 (-20.3%) | $1,750 – $1,750 | 1 |
| 1BR | $3,490 | −$50 (-1.4%) | +$1,295 (+59.0%) | $3,490 – $3,490 | 1 |
| 2BR | $3,200 | +$1,013 (+46.3%) | −$95 (-2.9%) | $3,200 – $3,200 | 1 |
| 2BR | $3,500 | +$1,313 (+60.0%) | +$205 (+6.2%) | $2,975 – $3,630 | 15 |
| 3BR | $4,435 | — | — | $4,343 – $4,435 | 3 |
| 3BR | $4,250 | — | — | $4,250 – $4,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — July 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,750 | $2,100 | −$350 (-16.7%) |
| 1BR | $3,490 | $2,100 | +$1,390 (+66.2%) |
| 2BR | $3,200 | $2,995 | +$205 (+6.8%) |
| 2BR | $3,500 | $2,995 | +$505 (+16.9%) |
| 3BR | $4,435 | $3,900 | +$535 (+13.7%) |
| 3BR | $4,250 | $3,900 | +$350 (+9.0%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.