Monthly Rent Report
Burbank Rent Report — August 2022
Asking rents in ZIP 91504, Los Angeles, from 82 listings.
Median 1BR rent in Burbank was $2,350 in August 2022, up 17.8% (+$355) from July 2022 and up 27.0% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,894. That puts Burbank $255 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 82 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | +$55 (+3.7%) | $0 (0.0%) | $1,550 – $1,550 | 2 |
| 1BR | $2,350 | +$355 (+17.8%) | +$500 (+27.0%) | $2,250 – $2,894 | 24 |
| 1BR | $1,995 | $0 (0.0%) | +$145 (+7.8%) | $1,995 – $1,995 | 1 |
| 2BR | $3,590 | +$665 (+22.7%) | +$600 (+20.1%) | $2,500 – $3,845 | 13 |
| 2BR | $2,490 | −$435 (-14.9%) | −$500 (-16.7%) | $2,490 – $2,490 | 1 |
| 3BR | $4,500 | −$350 (-7.2%) | +$1,205 (+36.6%) | $4,500 – $4,500 | 1 |
| 3BR | $3,295 | −$1,555 (-32.1%) | $0 (0.0%) | $3,295 – $4,925 | 27 |
| 4BR | $5,800 | +$1,025 (+21.5%) | — | $5,100 – $6,725 | 6 |
| 4BR | $6,800 | +$2,025 (+42.4%) | — | $6,800 – $6,800 | 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 | $1,550 | $1,773 | −$222 (-12.6%) |
| 1BR | $2,350 | $2,095 | +$255 (+12.2%) |
| 1BR | $1,995 | $2,095 | −$100 (-4.8%) |
| 2BR | $3,590 | $2,880 | +$710 (+24.7%) |
| 2BR | $2,490 | $2,880 | −$390 (-13.5%) |
| 3BR | $4,500 | $3,795 | +$705 (+18.6%) |
| 3BR | $3,295 | $3,795 | −$500 (-13.2%) |
| 4BR | $5,800 | $5,200 | +$600 (+11.5%) |
| 4BR | $6,800 | $5,200 | +$1,600 (+30.8%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.