Monthly Rent Report
Burbank Rent Report — May 2022
Asking rents in ZIP 91506, Los Angeles, from 13 listings.
Median 1BR rent in Burbank was $1,650 in May 2022, down 25.0% (−$550) from April 2022 and down 21.5% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Burbank $300 below the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 13 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,048 | −$42 (-2.0%) | +$388 (+23.3%) | $2,021 – $2,074 | 2 |
| 1BR | $1,650 | −$550 (-25.0%) | −$452 (-21.5%) | $1,650 – $1,650 | 1 |
| 2BR | $4,495 | −$480 (-9.6%) | +$2,423 (+116.9%) | $4,495 – $4,495 | 1 |
| 2BR | $3,380 | −$1,595 (-32.1%) | +$1,308 (+63.1%) | $3,195 – $3,565 | 2 |
| 3BR | $4,750 | +$950 (+25.0%) | +$1,455 (+44.2%) | $4,750 – $4,859 | 6 |
| 3BR | $4,895 | +$1,095 (+28.8%) | +$1,600 (+48.6%) | $4,895 – $4,895 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — May 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,048 | $1,620 | +$428 (+26.4%) |
| 1BR | $1,650 | $1,950 | −$300 (-15.4%) |
| 2BR | $4,495 | $2,800 | +$1,695 (+60.5%) |
| 2BR | $3,380 | $2,800 | +$580 (+20.7%) |
| 3BR | $4,750 | $3,995 | +$755 (+18.9%) |
| 3BR | $4,895 | $3,995 | +$900 (+22.5%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.