Monthly Rent Report
Burbank Rent Report — December 2022
Asking rents in ZIP 91502, Los Angeles, from 43 listings.
Median 1BR rent in Burbank was $1,795 in December 2022, down 22.5% (−$522) from November 2022 and unchanged year-over-year. The middle half of 1BR listings asked between $1,795 and $1,795. That puts Burbank $298 below the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 43 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | +$245 (+15.8%) | +$220 (+14.0%) | $1,795 – $1,795 | 1 |
| 1BR | $1,795 | −$522 (-22.5%) | $0 (0.0%) | $1,795 – $1,795 | 1 |
| 1BR | $2,150 | −$167 (-7.2%) | +$355 (+19.8%) | $2,075 – $2,820 | 14 |
| 2BR | $3,290 | +$778 (+30.9%) | +$640 (+24.2%) | $2,995 – $3,806 | 14 |
| 2BR | $4,020 | +$1,508 (+60.0%) | +$1,370 (+51.7%) | $4,020 – $4,020 | 1 |
| 3BR | $5,200 | +$970 (+22.9%) | +$1,203 (+30.1%) | $4,950 – $5,200 | 5 |
| 3BR | $5,200 | +$970 (+22.9%) | +$1,203 (+30.1%) | $3,995 – $5,200 | 7 |
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 | $1,795 | $1,795 | $0 (0.0%) |
| 1BR | $1,795 | $2,093 | −$297 (-14.2%) |
| 1BR | $2,150 | $2,093 | +$58 (+2.7%) |
| 2BR | $3,290 | $2,795 | +$495 (+17.7%) |
| 2BR | $4,020 | $2,795 | +$1,225 (+43.8%) |
| 3BR | $5,200 | $4,145 | +$1,055 (+25.5%) |
| 3BR | $5,200 | $4,145 | +$1,055 (+25.5%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.