Monthly Rent Report
Burbank Rent Report — May 2022
Asking rents in ZIP 91504, Los Angeles, from 8 listings.
Median 1BR rent in Burbank was $1,925 in May 2022, down 3.5% (−$70) from April 2022 and down 8.1% year-over-year. The middle half of 1BR listings asked between $1,925 and $1,925. That puts Burbank $25 below the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 8 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,095 | +$995 (+90.5%) | +$545 (+35.2%) | $2,095 – $2,095 | 2 |
| Studio | $2,300 | +$1,200 (+109.1%) | +$750 (+48.4%) | $2,300 – $2,300 | 1 |
| 1BR | $1,925 | −$70 (-3.5%) | −$170 (-8.1%) | $1,925 – $1,925 | 1 |
| 2BR | $2,995 | +$370 (+14.1%) | +$1,145 (+61.9%) | $2,995 – $2,995 | 1 |
| 2BR | $2,200 | −$425 (-16.2%) | +$350 (+18.9%) | $2,200 – $2,200 | 1 |
| 3BR | $3,500 | −$300 (-7.9%) | −$700 (-16.7%) | $3,500 – $3,500 | 1 |
| 4BR | $5,700 | −$1,100 (-16.2%) | +$700 (+14.0%) | $5,700 – $5,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — May 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,095 | $1,620 | +$475 (+29.3%) |
| Studio | $2,300 | $1,620 | +$680 (+42.0%) |
| 1BR | $1,925 | $1,950 | −$25 (-1.3%) |
| 2BR | $2,995 | $2,800 | +$195 (+7.0%) |
| 2BR | $2,200 | $2,800 | −$600 (-21.4%) |
| 3BR | $3,500 | $3,995 | −$495 (-12.4%) |
| 4BR | $5,700 | $5,100 | +$600 (+11.8%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.