Monthly Rent Report
Burbank Rent Report — October 2022
Asking rents in ZIP 91506, Los Angeles, from 62 listings.
Median 1BR rent in Burbank was $2,445 in October 2022, down 9.4% (−$255) from September 2022 and up 41.7% year-over-year. The middle half of 1BR listings asked between $2,273 and $2,750. That puts Burbank $349 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 62 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,525 | −$495 (-24.5%) | +$325 (+27.1%) | $1,525 – $1,525 | 1 |
| Studio | $1,983 | −$37 (-1.9%) | +$783 (+65.2%) | $1,891 – $2,161 | 4 |
| 1BR | $2,445 | −$255 (-9.4%) | +$720 (+41.7%) | $2,273 – $2,750 | 3 |
| 1BR | $1,945 | −$755 (-28.0%) | +$220 (+12.8%) | $1,945 – $1,945 | 1 |
| 2BR | $2,495 | −$805 (-24.4%) | $0 (0.0%) | $2,495 – $2,495 | 1 |
| 2BR | $2,495 | −$805 (-24.4%) | $0 (0.0%) | $2,495 – $2,495 | 1 |
| 3BR | $5,900 | +$1,955 (+49.6%) | −$1,100 (-15.7%) | $5,900 – $5,900 | 1 |
| 3BR | $3,945 | $0 (0.0%) | −$3,055 (-43.6%) | $3,295 – $3,945 | 48 |
| 4BR | $5,500 | −$425 (-7.2%) | — | $5,500 – $5,500 | 1 |
| 4BR | $5,900 | −$25 (-0.4%) | — | $5,900 – $5,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,525 | $1,795 | −$270 (-15.0%) |
| Studio | $1,983 | $1,795 | +$188 (+10.4%) |
| 1BR | $2,445 | $2,096 | +$349 (+16.7%) |
| 1BR | $1,945 | $2,096 | −$151 (-7.2%) |
| 2BR | $2,495 | $2,900 | −$405 (-14.0%) |
| 2BR | $2,495 | $2,900 | −$405 (-14.0%) |
| 3BR | $5,900 | $3,948 | +$1,953 (+49.5%) |
| 3BR | $3,945 | $3,948 | −$2 (-0.1%) |
| 4BR | $5,500 | $4,838 | +$663 (+13.7%) |
| 4BR | $5,900 | $4,838 | +$1,063 (+22.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.