Monthly Rent Report
Burbank Rent Report — August 2022
Asking rents in ZIP 91506, Los Angeles, from 43 listings.
Median 1BR rent in Burbank was $1,700 in August 2022, flat versus July 2022 and down 2.9% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Burbank $395 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 43 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | +$350 (+25.0%) | +$355 (+25.4%) | $1,723 – $1,750 | 3 |
| Studio | $2,175 | +$775 (+55.4%) | +$780 (+55.9%) | $2,175 – $2,175 | 1 |
| 1BR | $1,700 | $0 (0.0%) | −$50 (-2.9%) | $1,700 – $1,700 | 1 |
| 1BR | $2,500 | +$800 (+47.1%) | +$750 (+42.9%) | $2,493 – $2,850 | 3 |
| 2BR | $2,800 | −$600 (-17.6%) | +$475 (+20.4%) | $2,800 – $2,800 | 1 |
| 2BR | $2,400 | −$1,000 (-29.4%) | +$75 (+3.2%) | $2,400 – $2,400 | 1 |
| 3BR | $4,200 | +$255 (+6.5%) | +$905 (+27.5%) | $4,200 – $4,200 | 1 |
| 3BR | $3,945 | $0 (0.0%) | +$650 (+19.7%) | $3,295 – $4,009 | 32 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — August 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,773 | −$22 (-1.3%) |
| Studio | $2,175 | $1,773 | +$403 (+22.7%) |
| 1BR | $1,700 | $2,095 | −$395 (-18.9%) |
| 1BR | $2,500 | $2,095 | +$405 (+19.3%) |
| 2BR | $2,800 | $2,880 | −$80 (-2.8%) |
| 2BR | $2,400 | $2,880 | −$480 (-16.7%) |
| 3BR | $4,200 | $3,795 | +$405 (+10.7%) |
| 3BR | $3,945 | $3,795 | +$150 (+4.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.