Monthly Rent Report
Burbank Rent Report — March 2022
Asking rents in ZIP 91506, Los Angeles, from 10 listings.
Median 1BR rent in Burbank was $2,000 in March 2022, down 24.2% (−$640) from February 2022 and up 5.7% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Burbank $100 above the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 10 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,100 | −$300 (-21.4%) | −$600 (-35.3%) | $1,100 – $1,100 | 1 |
| 1BR | $2,000 | −$640 (-24.2%) | +$108 (+5.7%) | $2,000 – $2,000 | 1 |
| 2BR | $2,500 | −$750 (-23.1%) | +$350 (+16.3%) | $2,500 – $2,500 | 1 |
| 3BR | $3,295 | −$1,655 (-33.4%) | −$905 (-21.5%) | $3,295 – $3,783 | 6 |
| 4BR | $6,195 | — | +$2,695 (+77.0%) | $6,195 – $6,195 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — March 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,100 | $1,600 | −$500 (-31.3%) |
| 1BR | $2,000 | $1,900 | +$100 (+5.3%) |
| 2BR | $2,500 | $2,775 | −$275 (-9.9%) |
| 3BR | $3,295 | $3,700 | −$405 (-10.9%) |
| 4BR | $6,195 | $4,500 | +$1,695 (+37.7%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in March 2022.