Monthly Rent Report
Burbank Rent Report — February 2023
Asking rents in ZIP 91502, Los Angeles, from 69 listings.
Median 1BR rent in Burbank was $2,150 in February 2023, down 19.2% (−$512) from January 2023 and up 10.5% year-over-year. The middle half of 1BR listings asked between $2,150 and $2,150. That puts Burbank $25 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. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$75 (-4.6%) | −$8,350 (-84.3%) | $1,550 – $1,550 | 3 |
| Studio | $1,550 | −$75 (-4.6%) | −$8,350 (-84.3%) | $1,550 – $1,550 | 2 |
| 1BR | $2,150 | −$512 (-19.2%) | +$205 (+10.5%) | $2,150 – $2,150 | 1 |
| 1BR | $2,113 | −$550 (-20.7%) | +$168 (+8.6%) | $2,050 – $2,150 | 22 |
| 2BR | $2,950 | −$195 (-6.2%) | +$650 (+28.3%) | $2,571 – $3,241 | 20 |
| 2BR | $2,773 | −$372 (-11.8%) | +$473 (+20.5%) | $2,496 – $3,136 | 14 |
| 3BR | $4,750 | +$963 (+25.4%) | +$835 (+21.3%) | $3,948 – $4,900 | 6 |
| 3BR | $4,750 | +$963 (+25.4%) | +$835 (+21.3%) | $4,750 – $4,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — February 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,795 | −$245 (-13.6%) |
| Studio | $1,550 | $1,795 | −$245 (-13.6%) |
| 1BR | $2,150 | $2,125 | +$25 (+1.2%) |
| 1BR | $2,113 | $2,125 | −$12 (-0.6%) |
| 2BR | $2,950 | $2,773 | +$177 (+6.4%) |
| 2BR | $2,773 | $2,773 | $0 (-0.0%) |
| 3BR | $4,750 | $3,850 | +$900 (+23.4%) |
| 3BR | $4,750 | $3,850 | +$900 (+23.4%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.