Monthly Rent Report
Burbank Rent Report — December 2022
Asking rents in ZIP 91505, Los Angeles, from 101 listings.
Median 1BR rent in Burbank was $2,352 in December 2022, down 4.8% (−$118) from November 2022 and down 19.2% year-over-year. The middle half of 1BR listings asked between $2,339 and $2,413. That puts Burbank $260 above the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 101 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | −$365 (-18.6%) | +$100 (+6.7%) | $1,575 – $1,625 | 2 |
| Studio | $1,650 | −$315 (-16.0%) | +$150 (+10.0%) | $1,550 – $1,780 | 15 |
| 1BR | $2,352 | −$118 (-4.8%) | −$558 (-19.2%) | $2,339 – $2,413 | 3 |
| 1BR | $2,473 | +$3 (+0.1%) | −$437 (-15.0%) | $1,995 – $3,000 | 20 |
| 2BR | $2,985 | −$415 (-12.2%) | +$980 (+48.9%) | $2,879 – $3,167 | 6 |
| 2BR | $2,698 | −$702 (-20.6%) | +$693 (+34.6%) | $2,595 – $3,199 | 41 |
| 3BR | $4,000 | +$50 (+1.3%) | +$800 (+25.0%) | $4,000 – $4,000 | 1 |
| 3BR | $6,050 | +$2,100 (+53.2%) | +$2,850 (+89.1%) | $4,476 – $6,425 | 10 |
| 4BR | $10,900 | +$4,500 (+70.3%) | — | $10,900 – $10,900 | 1 |
| 4BR | $10,900 | +$4,500 (+70.3%) | — | $10,900 – $10,900 | 2 |
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 | $1,600 | $1,795 | −$195 (-10.9%) |
| Studio | $1,650 | $1,795 | −$145 (-8.1%) |
| 1BR | $2,352 | $2,093 | +$260 (+12.4%) |
| 1BR | $2,473 | $2,093 | +$380 (+18.2%) |
| 2BR | $2,985 | $2,795 | +$190 (+6.8%) |
| 2BR | $2,698 | $2,795 | −$97 (-3.5%) |
| 3BR | $4,000 | $4,145 | −$145 (-3.5%) |
| 3BR | $6,050 | $4,145 | +$1,905 (+46.0%) |
| 4BR | $10,900 | $4,998 | +$5,903 (+118.1%) |
| 4BR | $10,900 | $4,998 | +$5,903 (+118.1%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.