Monthly Rent Report
Burbank Rent Report — October 2023
Asking rents in ZIP 91501, Los Angeles, from 117 listings.
Median 1BR rent in Burbank was $2,010 in October 2023, down 14.5% (−$340) from September 2023 and up 1.8% year-over-year. The middle half of 1BR listings asked between $1,938 and $2,269. That puts Burbank in line with the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 117 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $750 | −$1,200 (-61.5%) | −$1,200 (-61.5%) | $750 – $1,695 | 9 |
| Studio | $1,695 | −$255 (-13.1%) | −$255 (-13.1%) | $1,695 – $1,695 | 1 |
| 1BR | $2,010 | −$340 (-14.5%) | +$35 (+1.8%) | $1,938 – $2,269 | 20 |
| 1BR | $1,800 | −$550 (-23.4%) | −$175 (-8.9%) | $1,725 – $1,875 | 2 |
| 2BR | $3,350 | +$455 (+15.7%) | +$1,100 (+48.9%) | $3,350 – $3,350 | 1 |
| 2BR | $2,795 | −$100 (-3.5%) | +$545 (+24.2%) | $2,750 – $2,999 | 37 |
| 3BR | $3,800 | +$305 (+8.7%) | −$395 (-9.4%) | $3,800 – $3,800 | 1 |
| 3BR | $4,745 | +$1,250 (+35.8%) | +$550 (+13.1%) | $4,200 – $5,975 | 20 |
| 4BR | $8,650 | +$4,400 (+103.5%) | −$345 (-3.8%) | $6,700 – $10,500 | 4 |
| 4BR | $6,200 | +$1,950 (+45.9%) | −$2,795 (-31.1%) | $6,200 – $7,275 | 12 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $750 | $1,700 | −$950 (-55.9%) |
| Studio | $1,695 | $1,700 | −$5 (-0.3%) |
| 1BR | $2,010 | $1,998 | +$13 (+0.6%) |
| 1BR | $1,800 | $1,998 | −$197 (-9.9%) |
| 2BR | $3,350 | $2,750 | +$600 (+21.8%) |
| 2BR | $2,795 | $2,750 | +$45 (+1.6%) |
| 3BR | $3,800 | $4,195 | −$395 (-9.4%) |
| 3BR | $4,745 | $4,195 | +$550 (+13.1%) |
| 4BR | $8,650 | $5,275 | +$3,375 (+64.0%) |
| 4BR | $6,200 | $5,275 | +$925 (+17.5%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.