Monthly Rent Report
Burbank Rent Report — July 2022
Asking rents in ZIP 91504, Los Angeles, from 43 listings.
Median 1BR rent in Burbank was $1,995 in July 2022, flat versus June 2022 and up 1.0% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Burbank $105 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 43 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$95 (+6.8%) | — | $1,495 – $1,495 | 1 |
| 1BR | $1,995 | $0 (0.0%) | +$20 (+1.0%) | $1,995 – $1,995 | 1 |
| 1BR | $2,300 | +$305 (+15.3%) | +$325 (+16.5%) | $2,250 – $2,400 | 13 |
| 2BR | $2,700 | −$1,099 (-28.9%) | +$700 (+35.0%) | $2,700 – $2,700 | 1 |
| 2BR | $2,925 | −$874 (-23.0%) | +$925 (+46.3%) | $2,588 – $3,193 | 7 |
| 3BR | $4,850 | +$1,350 (+38.6%) | +$855 (+21.4%) | $3,295 – $5,621 | 12 |
| 3BR | $4,200 | +$700 (+20.0%) | +$205 (+5.1%) | $3,850 – $4,550 | 2 |
| 4BR | $4,775 | −$325 (-6.4%) | −$2,725 (-36.3%) | $4,450 – $5,100 | 4 |
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 |
|---|---|---|---|
| Studio | $1,495 | $1,695 | −$200 (-11.8%) |
| 1BR | $1,995 | $2,100 | −$105 (-5.0%) |
| 1BR | $2,300 | $2,100 | +$200 (+9.5%) |
| 2BR | $2,700 | $2,995 | −$295 (-9.8%) |
| 2BR | $2,925 | $2,995 | −$70 (-2.3%) |
| 3BR | $4,850 | $3,900 | +$950 (+24.4%) |
| 3BR | $4,200 | $3,900 | +$300 (+7.7%) |
| 4BR | $4,775 | $5,273 | −$497 (-9.4%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.