Monthly Rent Report
Burbank Rent Report — June 2022
Asking rents in ZIP 91506, Los Angeles, from 7 listings.
Median 1BR rent in Burbank was $1,850 in June 2022, up 12.1% (+$200) from May 2022 and up 25.4% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts Burbank $146 below the Los Angeles citywide 1BR median of $1,996. The month's figures are based on 7 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$547 (-26.7%) | +$28 (+1.9%) | $1,375 – $1,625 | 2 |
| 1BR | $1,850 | +$200 (+12.1%) | +$375 (+25.4%) | $1,850 – $1,850 | 1 |
| 2BR | $2,850 | −$1,645 (-36.6%) | −$150 (-5.0%) | $2,850 – $2,850 | 1 |
| 2BR | $2,250 | −$2,245 (-49.9%) | −$750 (-25.0%) | $2,250 – $2,250 | 1 |
| 3BR | $4,150 | −$745 (-15.2%) | +$855 (+25.9%) | $4,150 – $4,150 | 1 |
| 3BR | $4,995 | +$100 (+2.0%) | +$1,700 (+51.6%) | $4,995 – $4,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — June 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,600 | −$100 (-6.3%) |
| 1BR | $1,850 | $1,996 | −$145 (-7.3%) |
| 2BR | $2,850 | $2,800 | +$50 (+1.8%) |
| 2BR | $2,250 | $2,800 | −$550 (-19.6%) |
| 3BR | $4,150 | $4,150 | $0 (0.0%) |
| 3BR | $4,995 | $4,150 | +$845 (+20.4%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in June 2022.