Monthly Rent Report
Burbank Rent Report — February 2023
Asking rents in ZIP 91501, Los Angeles, from 109 listings.
Median 1BR rent in Burbank was $2,223 in February 2023, up 5.8% (+$123) from January 2023 and up 39.3% year-over-year. The middle half of 1BR listings asked between $1,961 and $2,350. That puts Burbank $98 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 109 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,600 | — | — | $2,298 – $2,600 | 3 |
| Studio | $2,600 | — | — | $2,298 – $2,600 | 3 |
| 1BR | $2,223 | +$123 (+5.8%) | +$628 (+39.3%) | $1,961 – $2,350 | 30 |
| 1BR | $2,350 | +$250 (+11.9%) | +$755 (+47.3%) | $2,150 – $2,373 | 3 |
| 2BR | $2,623 | −$77 (-2.9%) | +$523 (+24.9%) | $2,570 – $2,661 | 4 |
| 2BR | $2,950 | +$250 (+9.3%) | +$850 (+40.5%) | $2,550 – $3,049 | 37 |
| 3BR | $2,995 | −$955 (-24.2%) | +$495 (+19.8%) | $2,995 – $2,995 | 1 |
| 3BR | $4,000 | +$50 (+1.3%) | +$1,500 (+60.0%) | $3,850 – $4,400 | 15 |
| 4BR | $5,200 | −$2,799 (-35.0%) | −$300 (-5.5%) | $5,200 – $5,200 | 1 |
| 4BR | $7,345 | −$654 (-8.2%) | +$1,845 (+33.5%) | $5,800 – $7,490 | 12 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — February 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,600 | $1,795 | +$805 (+44.8%) |
| Studio | $2,600 | $1,795 | +$805 (+44.8%) |
| 1BR | $2,223 | $2,125 | +$98 (+4.6%) |
| 1BR | $2,350 | $2,125 | +$225 (+10.6%) |
| 2BR | $2,623 | $2,773 | −$150 (-5.4%) |
| 2BR | $2,950 | $2,773 | +$177 (+6.4%) |
| 3BR | $2,995 | $3,850 | −$855 (-22.2%) |
| 3BR | $4,000 | $3,850 | +$150 (+3.9%) |
| 4BR | $5,200 | $4,695 | +$505 (+10.8%) |
| 4BR | $7,345 | $4,695 | +$2,650 (+56.4%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.