Monthly Rent Report
Burbank Rent Report — December 2022
Asking rents in ZIP 91506, Los Angeles, from 40 listings.
Median 1BR rent in Burbank was $1,995 in December 2022, up 14.7% (+$255) from November 2022 and up 21.1% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,195. That puts Burbank $98 below the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 40 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,378 | −$122 (-4.9%) | +$478 (+25.1%) | $2,045 – $2,710 | 4 |
| Studio | $2,360 | −$140 (-5.6%) | +$460 (+24.2%) | $2,045 – $2,701 | 6 |
| 1BR | $1,995 | +$255 (+14.7%) | +$348 (+21.1%) | $1,995 – $2,195 | 9 |
| 1BR | $1,773 | +$33 (+1.9%) | +$125 (+7.6%) | $1,661 – $1,884 | 2 |
| 2BR | $4,500 | +$750 (+20.0%) | +$1,905 (+73.4%) | $3,348 – $4,500 | 3 |
| 2BR | $2,595 | −$1,155 (-30.8%) | $0 (0.0%) | $2,595 – $2,595 | 1 |
| 3BR | $4,800 | +$303 (+6.7%) | +$1,000 (+26.3%) | $4,800 – $4,800 | 1 |
| 3BR | $4,725 | +$228 (+5.1%) | +$925 (+24.3%) | $4,485 – $5,761 | 12 |
| 4BR | $4,950 | $0 (0.0%) | — | $4,950 – $4,950 | 1 |
| 4BR | $4,950 | $0 (0.0%) | — | $4,950 – $4,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — December 2022
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,378 | $1,795 | +$583 (+32.5%) |
| Studio | $2,360 | $1,795 | +$565 (+31.5%) |
| 1BR | $1,995 | $2,093 | −$97 (-4.7%) |
| 1BR | $1,773 | $2,093 | −$320 (-15.3%) |
| 2BR | $4,500 | $2,795 | +$1,705 (+61.0%) |
| 2BR | $2,595 | $2,795 | −$200 (-7.2%) |
| 3BR | $4,800 | $4,145 | +$655 (+15.8%) |
| 3BR | $4,725 | $4,145 | +$580 (+14.0%) |
| 4BR | $4,950 | $4,998 | −$47 (-1.0%) |
| 4BR | $4,950 | $4,998 | −$47 (-1.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.