Monthly Rent Report
Burbank Rent Report — April 2023
Asking rents in ZIP 91502, Los Angeles, from 142 listings.
Median 1BR rent in Burbank was $2,125 in April 2023, up 6.5% (+$130) from March 2023 and up 21.4% year-over-year. The middle half of 1BR listings asked between $1,950 and $2,175. That puts Burbank $28 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 142 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | $0 (0.0%) | −$25 (-1.5%) | $1,625 – $2,225 | 7 |
| Studio | $1,625 | $0 (0.0%) | −$25 (-1.5%) | $1,625 – $2,225 | 7 |
| 1BR | $2,125 | +$130 (+6.5%) | +$375 (+21.4%) | $1,950 – $2,175 | 41 |
| 1BR | $1,200 | −$795 (-39.8%) | −$550 (-31.4%) | $1,200 – $1,200 | 1 |
| 2BR | $2,195 | −$655 (-23.0%) | +$95 (+4.5%) | $2,195 – $2,195 | 1 |
| 2BR | $2,950 | +$100 (+3.5%) | +$850 (+40.5%) | $2,625 – $3,720 | 67 |
| 3BR | $4,290 | +$230 (+5.7%) | +$185 (+4.5%) | $4,225 – $4,300 | 9 |
| 3BR | $4,290 | +$230 (+5.7%) | +$185 (+4.5%) | $4,225 – $4,300 | 9 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — April 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $1,775 | −$150 (-8.5%) |
| Studio | $1,625 | $1,775 | −$150 (-8.5%) |
| 1BR | $2,125 | $2,097 | +$28 (+1.3%) |
| 1BR | $1,200 | $2,097 | −$897 (-42.8%) |
| 2BR | $2,195 | $2,795 | −$600 (-21.5%) |
| 2BR | $2,950 | $2,795 | +$155 (+5.5%) |
| 3BR | $4,290 | $3,895 | +$395 (+10.1%) |
| 3BR | $4,290 | $3,895 | +$395 (+10.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.