Monthly Rent Report
Burbank Rent Report — April 2023
Asking rents in ZIP 91501, Los Angeles, from 83 listings.
Median 1BR rent in Burbank was $1,998 in April 2023, down 9.2% (−$202) from March 2023 and up 5.1% year-over-year. The middle half of 1BR listings asked between $1,900 and $2,319. That puts Burbank $99 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 83 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | $0 (0.0%) | +$323 (+20.5%) | $1,895 – $1,895 | 3 |
| Studio | $1,895 | $0 (0.0%) | +$323 (+20.5%) | $1,895 – $1,895 | 3 |
| 1BR | $1,998 | −$202 (-9.2%) | +$98 (+5.1%) | $1,900 – $2,319 | 14 |
| 1BR | $1,750 | −$450 (-20.5%) | −$150 (-7.9%) | $1,750 – $1,750 | 1 |
| 2BR | $2,850 | +$328 (+13.0%) | +$700 (+32.6%) | $2,495 – $2,995 | 41 |
| 2BR | $3,300 | +$778 (+30.8%) | +$1,150 (+53.5%) | $3,300 – $3,300 | 1 |
| 3BR | $8,000 | +$4,300 (+116.2%) | +$4,400 (+122.2%) | $8,000 – $8,000 | 1 |
| 3BR | $4,000 | +$300 (+8.1%) | +$400 (+11.1%) | $3,913 – $4,575 | 12 |
| 4BR | $7,745 | −$4,755 (-38.0%) | — | $7,490 – $7,999 | 6 |
| 4BR | $5,800 | −$6,700 (-53.6%) | — | $5,800 – $5,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — April 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,775 | +$120 (+6.8%) |
| Studio | $1,895 | $1,775 | +$120 (+6.8%) |
| 1BR | $1,998 | $2,097 | −$99 (-4.7%) |
| 1BR | $1,750 | $2,097 | −$347 (-16.5%) |
| 2BR | $2,850 | $2,795 | +$55 (+2.0%) |
| 2BR | $3,300 | $2,795 | +$505 (+18.1%) |
| 3BR | $8,000 | $3,895 | +$4,105 (+105.4%) |
| 3BR | $4,000 | $3,895 | +$105 (+2.7%) |
| 4BR | $7,745 | $4,970 | +$2,775 (+55.8%) |
| 4BR | $5,800 | $4,970 | +$830 (+16.7%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.