Monthly Rent Report
Burbank Rent Report — September 2023
Asking rents in ZIP 91501, Los Angeles, from 43 listings.
Median 1BR rent in Burbank was $2,350 in September 2023, up 5.6% (+$125) from August 2023 and up 11.9% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,350. That puts Burbank $350 above the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 43 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | +$160 (+8.9%) | $0 (0.0%) | $1,950 – $1,950 | 1 |
| 1BR | $2,350 | +$125 (+5.6%) | +$250 (+11.9%) | $2,100 – $2,350 | 9 |
| 1BR | $2,350 | +$125 (+5.6%) | +$250 (+11.9%) | $2,350 – $2,363 | 3 |
| 2BR | $2,895 | +$445 (+18.2%) | −$1,100 (-27.5%) | $2,750 – $2,995 | 17 |
| 2BR | $2,795 | +$345 (+14.1%) | −$1,200 (-30.0%) | $2,795 – $2,795 | 1 |
| 3BR | $4,450 | −$550 (-11.0%) | +$500 (+12.7%) | $4,073 – $7,500 | 7 |
| 3BR | $3,495 | −$1,505 (-30.1%) | −$455 (-11.5%) | $3,495 – $3,495 | 1 |
| 4BR | $6,200 | −$2,900 (-31.9%) | +$205 (+3.4%) | $6,200 – $6,200 | 1 |
| 4BR | $4,250 | −$4,850 (-53.3%) | −$1,745 (-29.1%) | $4,250 – $4,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — September 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $1,795 | +$155 (+8.6%) |
| 1BR | $2,350 | $2,000 | +$350 (+17.5%) |
| 1BR | $2,350 | $2,000 | +$350 (+17.5%) |
| 2BR | $2,895 | $2,750 | +$145 (+5.3%) |
| 2BR | $2,795 | $2,750 | +$45 (+1.6%) |
| 3BR | $4,450 | $3,948 | +$503 (+12.7%) |
| 3BR | $3,495 | $3,948 | −$452 (-11.5%) |
| 4BR | $6,200 | $5,000 | +$1,200 (+24.0%) |
| 4BR | $4,250 | $5,000 | −$750 (-15.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.