Monthly Rent Report
Burbank Rent Report — September 2023
Asking rents in ZIP 91502, Los Angeles, from 48 listings.
Median 1BR rent in Burbank was $2,020 in September 2023, down 3.1% (−$65) from August 2023 and down 0.2% year-over-year. The middle half of 1BR listings asked between $1,950 and $2,780. That puts Burbank in line with the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 48 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,573 | +$78 (+5.2%) | — | $1,561 – $1,584 | 2 |
| Studio | $1,700 | +$205 (+13.7%) | — | $1,700 – $1,700 | 1 |
| 1BR | $2,020 | −$65 (-3.1%) | −$5 (-0.2%) | $1,950 – $2,780 | 12 |
| 1BR | $1,795 | −$290 (-13.9%) | −$230 (-11.4%) | $1,795 – $1,795 | 1 |
| 2BR | $2,295 | +$95 (+4.3%) | +$95 (+4.3%) | $2,195 – $2,295 | 8 |
| 2BR | $2,295 | +$95 (+4.3%) | +$95 (+4.3%) | $2,295 – $2,295 | 4 |
| 3BR | $7,200 | −$525 (-6.8%) | +$2,685 (+59.5%) | $4,905 – $7,500 | 15 |
| 3BR | $7,500 | −$225 (-2.9%) | +$2,985 (+66.1%) | $7,200 – $7,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — September 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,573 | $1,795 | −$222 (-12.4%) |
| Studio | $1,700 | $1,795 | −$95 (-5.3%) |
| 1BR | $2,020 | $2,000 | +$20 (+1.0%) |
| 1BR | $1,795 | $2,000 | −$205 (-10.3%) |
| 2BR | $2,295 | $2,750 | −$455 (-16.5%) |
| 2BR | $2,295 | $2,750 | −$455 (-16.5%) |
| 3BR | $7,200 | $3,948 | +$3,253 (+82.4%) |
| 3BR | $7,500 | $3,948 | +$3,553 (+90.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.