Monthly Rent Report
Burbank Rent Report — July 2022
Asking rents in ZIP 91506, Los Angeles, from 50 listings.
Median 1BR rent in Burbank was $1,700 in July 2022, down 8.1% (−$150) from June 2022 and up 0.3% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Burbank $400 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 50 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | +$350 (+23.3%) | — | $1,625 – $2,300 | 3 |
| Studio | $1,400 | −$100 (-6.7%) | — | $1,400 – $1,400 | 1 |
| 1BR | $1,700 | −$150 (-8.1%) | +$5 (+0.3%) | $1,700 – $1,700 | 1 |
| 1BR | $2,500 | +$650 (+35.1%) | +$805 (+47.5%) | $2,398 – $2,500 | 3 |
| 2BR | $3,400 | +$1,150 (+51.1%) | +$205 (+6.4%) | $2,288 – $3,906 | 10 |
| 2BR | $3,975 | +$1,725 (+76.7%) | +$780 (+24.4%) | $3,975 – $3,975 | 1 |
| 3BR | $4,795 | −$200 (-4.0%) | +$1,500 (+45.5%) | $4,123 – $5,898 | 3 |
| 3BR | $3,945 | −$1,050 (-21.0%) | +$650 (+19.7%) | $3,945 – $4,698 | 27 |
| 4BR | $5,000 | — | — | $5,000 – $5,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — July 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $1,695 | +$155 (+9.1%) |
| Studio | $1,400 | $1,695 | −$295 (-17.4%) |
| 1BR | $1,700 | $2,100 | −$400 (-19.0%) |
| 1BR | $2,500 | $2,100 | +$400 (+19.0%) |
| 2BR | $3,400 | $2,995 | +$405 (+13.5%) |
| 2BR | $3,975 | $2,995 | +$980 (+32.7%) |
| 3BR | $4,795 | $3,900 | +$895 (+22.9%) |
| 3BR | $3,945 | $3,900 | +$45 (+1.2%) |
| 4BR | $5,000 | $5,273 | −$272 (-5.2%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.