Monthly Rent Report
Burbank Rent Report — November 2023
Asking rents in ZIP 91502, Los Angeles, from 207 listings.
Median 1BR rent in Burbank was $2,023 in November 2023, up 9.3% (+$173) from October 2023 and down 12.7% year-over-year. The middle half of 1BR listings asked between $1,890 and $2,296. That puts Burbank $103 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 207 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | +$50 (+3.1%) | −$120 (-6.7%) | $1,675 – $1,675 | 1 |
| Studio | $1,750 | +$125 (+7.7%) | −$45 (-2.5%) | $1,655 – $1,881 | 16 |
| 1BR | $2,023 | +$173 (+9.3%) | −$295 (-12.7%) | $1,890 – $2,296 | 72 |
| 1BR | $2,560 | +$710 (+38.4%) | +$243 (+10.5%) | $2,543 – $2,578 | 2 |
| 2BR | $2,750 | +$300 (+12.2%) | +$238 (+9.5%) | $2,550 – $3,230 | 76 |
| 2BR | $4,287 | +$1,837 (+75.0%) | +$1,775 (+70.6%) | $4,287 – $4,287 | 1 |
| 3BR | $5,416 | +$2,866 (+112.4%) | +$776 (+16.7%) | $5,416 – $5,416 | 1 |
| 3BR | $4,220 | +$1,670 (+65.5%) | −$420 (-9.1%) | $3,500 – $5,792 | 38 |
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 | $1,675 | $1,775 | −$100 (-5.6%) |
| Studio | $1,750 | $1,775 | −$25 (-1.4%) |
| 1BR | $2,023 | $2,125 | −$102 (-4.8%) |
| 1BR | $2,560 | $2,125 | +$435 (+20.5%) |
| 2BR | $2,750 | $2,795 | −$45 (-1.6%) |
| 2BR | $4,287 | $2,795 | +$1,492 (+53.4%) |
| 3BR | $5,416 | $3,950 | +$1,466 (+37.1%) |
| 3BR | $4,220 | $3,950 | +$270 (+6.8%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.