Monthly Rent Report
Burbank Rent Report — August 2022
Asking rents in ZIP 91502, Los Angeles, from 55 listings.
Median 1BR rent in Burbank was $3,300 in August 2022, down 5.4% (−$190) from July 2022 and up 83.8% year-over-year. The middle half of 1BR listings asked between $3,300 and $3,300. That puts Burbank $1,205 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 55 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | — | — | $1,795 – $1,795 | 1 |
| 1BR | $3,300 | −$190 (-5.4%) | +$1,505 (+83.8%) | $3,300 – $3,300 | 1 |
| 1BR | $2,100 | −$1,390 (-39.8%) | +$305 (+17.0%) | $2,075 – $2,250 | 34 |
| 2BR | $3,500 | $0 (0.0%) | +$1,205 (+52.5%) | $2,935 – $3,745 | 15 |
| 2BR | $2,900 | −$600 (-17.1%) | +$605 (+26.4%) | $2,900 – $2,900 | 1 |
| 3BR | $4,345 | −$90 (-2.0%) | — | $4,298 – $4,393 | 2 |
| 3BR | $4,440 | +$5 (+0.1%) | — | $4,440 – $4,440 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — August 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,773 | +$23 (+1.3%) |
| 1BR | $3,300 | $2,095 | +$1,205 (+57.5%) |
| 1BR | $2,100 | $2,095 | +$5 (+0.2%) |
| 2BR | $3,500 | $2,880 | +$620 (+21.5%) |
| 2BR | $2,900 | $2,880 | +$20 (+0.7%) |
| 3BR | $4,345 | $3,795 | +$550 (+14.5%) |
| 3BR | $4,440 | $3,795 | +$645 (+17.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.