Monthly Rent Report
Burbank Rent Report — January 2023
Asking rents in ZIP 91502, Los Angeles, from 69 listings.
Median 1BR rent in Burbank was $2,663 in January 2023, up 23.8% (+$513) from December 2022 and up 31.5% year-over-year. The middle half of 1BR listings asked between $1,986 and $3,238. That puts Burbank $538 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 69 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$245 (-13.6%) | — | $1,550 – $1,550 | 1 |
| Studio | $1,625 | −$170 (-9.5%) | — | $1,625 – $1,690 | 10 |
| 1BR | $2,663 | +$513 (+23.8%) | +$638 (+31.5%) | $1,986 – $3,238 | 18 |
| 1BR | $2,095 | −$55 (-2.6%) | +$70 (+3.5%) | $2,095 – $2,095 | 2 |
| 2BR | $3,145 | −$875 (-21.8%) | −$313 (-9.1%) | $2,638 – $3,375 | 31 |
| 2BR | $3,550 | −$470 (-11.7%) | +$92 (+2.7%) | $3,550 – $3,550 | 1 |
| 3BR | $3,787 | −$1,413 (-27.2%) | −$438 (-10.4%) | $3,787 – $3,891 | 3 |
| 3BR | $3,787 | −$1,413 (-27.2%) | −$438 (-10.4%) | $3,787 – $3,891 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — January 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,795 | −$245 (-13.6%) |
| Studio | $1,625 | $1,795 | −$170 (-9.5%) |
| 1BR | $2,663 | $2,125 | +$538 (+25.3%) |
| 1BR | $2,095 | $2,125 | −$30 (-1.4%) |
| 2BR | $3,145 | $2,861 | +$284 (+9.9%) |
| 2BR | $3,550 | $2,861 | +$689 (+24.1%) |
| 3BR | $3,787 | $3,848 | −$60 (-1.6%) |
| 3BR | $3,787 | $3,848 | −$60 (-1.6%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.