Monthly Rent Report
Burbank Rent Report — January 2023
Asking rents in ZIP 91501, Los Angeles, from 82 listings.
Median 1BR rent in Burbank was $2,100 in January 2023, up 13.5% (+$250) from December 2022 and up 20.0% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,250. That puts Burbank $25 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 82 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,100 | +$250 (+13.5%) | +$350 (+20.0%) | $2,095 – $2,250 | 13 |
| 1BR | $1,750 | −$100 (-5.4%) | $0 (0.0%) | $1,750 – $1,750 | 1 |
| 2BR | $3,200 | +$1,105 (+52.7%) | +$1,375 (+75.3%) | $3,200 – $3,200 | 1 |
| 2BR | $2,700 | +$605 (+28.9%) | +$875 (+47.9%) | $2,538 – $3,128 | 36 |
| 3BR | $3,950 | +$250 (+6.8%) | $0 (0.0%) | $3,950 – $3,950 | 1 |
| 3BR | $4,475 | +$775 (+20.9%) | +$525 (+13.3%) | $4,275 – $4,500 | 19 |
| 4BR | $8,500 | +$1,300 (+18.1%) | — | $8,500 – $8,500 | 1 |
| 4BR | $7,999 | +$799 (+11.1%) | — | $7,999 – $12,500 | 10 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — January 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,100 | $2,125 | −$25 (-1.2%) |
| 1BR | $1,750 | $2,125 | −$375 (-17.6%) |
| 2BR | $3,200 | $2,861 | +$339 (+11.8%) |
| 2BR | $2,700 | $2,861 | −$161 (-5.6%) |
| 3BR | $3,950 | $3,848 | +$103 (+2.7%) |
| 3BR | $4,475 | $3,848 | +$628 (+16.3%) |
| 4BR | $8,500 | $5,000 | +$3,501 (+70.0%) |
| 4BR | $7,999 | $5,000 | +$3,000 (+60.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.