Monthly Rent Report
Burbank Rent Report — November 2022
Asking rents in ZIP 91504, Los Angeles, from 27 listings.
Median 1BR rent in Burbank was $2,045 in November 2022, up 20.3% (+$345) from October 2022 and up 10.5% year-over-year. The middle half of 1BR listings asked between $2,045 and $2,045. That puts Burbank in line with the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 27 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,045 | +$345 (+20.3%) | +$195 (+10.5%) | $2,045 – $2,045 | 1 |
| 1BR | $1,795 | +$95 (+5.6%) | −$55 (-3.0%) | $1,795 – $1,795 | 1 |
| 2BR | $3,300 | −$110 (-3.2%) | +$700 (+26.9%) | $2,995 – $3,495 | 8 |
| 2BR | $1,950 | −$1,460 (-42.8%) | −$650 (-25.0%) | $1,950 – $1,950 | 1 |
| 3BR | $5,000 | +$1,705 (+51.7%) | +$1,705 (+51.7%) | $5,000 – $5,000 | 1 |
| 3BR | $3,700 | +$405 (+12.3%) | +$405 (+12.3%) | $3,700 – $3,700 | 1 |
| 4BR | $6,250 | +$1,150 (+22.5%) | — | $6,250 – $6,250 | 7 |
| 4BR | $6,250 | +$1,150 (+22.5%) | — | $6,250 – $6,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — November 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,045 | $2,066 | −$21 (-1.0%) |
| 1BR | $1,795 | $2,066 | −$271 (-13.1%) |
| 2BR | $3,300 | $2,873 | +$428 (+14.9%) |
| 2BR | $1,950 | $2,873 | −$922 (-32.1%) |
| 3BR | $5,000 | $3,700 | +$1,300 (+35.1%) |
| 3BR | $3,700 | $3,700 | $0 (0.0%) |
| 4BR | $6,250 | $5,000 | +$1,250 (+25.0%) |
| 4BR | $6,250 | $5,000 | +$1,250 (+25.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.