Monthly Rent Report
Burbank Rent Report — November 2023
Asking rents in ZIP 91501, Los Angeles, from 163 listings.
Median 1BR rent in Burbank was $1,995 in November 2023, down 0.7% (−$15) from October 2023 and down 20.2% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Burbank $130 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 163 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | +$1,245 (+166.0%) | +$45 (+2.3%) | $1,995 – $1,995 | 2 |
| Studio | $1,995 | +$1,245 (+166.0%) | +$45 (+2.3%) | $1,995 – $1,995 | 2 |
| 1BR | $1,995 | −$15 (-0.7%) | −$505 (-20.2%) | $1,995 – $1,995 | 1 |
| 1BR | $2,495 | +$485 (+24.1%) | −$5 (-0.2%) | $2,495 – $2,495 | 1 |
| 2BR | $2,823 | +$28 (+1.0%) | −$297 (-9.5%) | $2,759 – $2,886 | 2 |
| 2BR | $2,773 | −$22 (-0.8%) | −$347 (-11.1%) | $2,590 – $2,895 | 120 |
| 3BR | $4,200 | +$400 (+10.5%) | +$600 (+16.7%) | $3,788 – $4,750 | 20 |
| 3BR | $4,050 | +$250 (+6.6%) | +$450 (+12.5%) | $3,900 – $4,200 | 2 |
| 4BR | $5,298 | −$3,352 (-38.8%) | −$3,697 (-41.1%) | $4,395 – $6,250 | 8 |
| 4BR | $4,395 | −$4,255 (-49.2%) | −$4,600 (-51.1%) | $4,395 – $4,395 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — November 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,775 | +$220 (+12.4%) |
| Studio | $1,995 | $1,775 | +$220 (+12.4%) |
| 1BR | $1,995 | $2,125 | −$130 (-6.1%) |
| 1BR | $2,495 | $2,125 | +$370 (+17.4%) |
| 2BR | $2,823 | $2,795 | +$28 (+1.0%) |
| 2BR | $2,773 | $2,795 | −$22 (-0.8%) |
| 3BR | $4,200 | $3,950 | +$250 (+6.3%) |
| 3BR | $4,050 | $3,950 | +$100 (+2.5%) |
| 4BR | $5,298 | $4,994 | +$304 (+6.1%) |
| 4BR | $4,395 | $4,994 | −$599 (-12.0%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.