Monthly Rent Report
Burbank Rent Report — January 2023
Asking rents in ZIP 91504, Los Angeles, from 127 listings.
Median 1BR rent in Burbank was $2,295 in January 2023, up 15.0% (+$300) from December 2022 and up 9.3% year-over-year. The middle half of 1BR listings asked between $2,068 and $2,958. That puts Burbank $170 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 127 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,295 | +$300 (+15.0%) | +$195 (+9.3%) | $2,068 – $2,958 | 36 |
| 1BR | $2,075 | +$80 (+4.0%) | −$25 (-1.2%) | $2,075 – $2,075 | 1 |
| 2BR | $3,205 | +$710 (+28.5%) | +$1,305 (+68.7%) | $2,823 – $3,790 | 46 |
| 2BR | $3,495 | +$1,000 (+40.1%) | +$1,595 (+83.9%) | $3,495 – $3,495 | 1 |
| 3BR | $4,750 | +$250 (+5.6%) | +$505 (+11.9%) | $3,700 – $5,625 | 31 |
| 3BR | $7,500 | +$3,000 (+66.7%) | +$3,255 (+76.7%) | $7,500 – $7,500 | 1 |
| 4BR | $8,500 | +$2,141 (+33.7%) | +$3,650 (+75.3%) | $8,500 – $8,500 | 1 |
| 4BR | $7,500 | +$1,141 (+17.9%) | +$2,650 (+54.6%) | $6,250 – $8,500 | 5 |
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 |
|---|---|---|---|
| 1BR | $2,295 | $2,125 | +$170 (+8.0%) |
| 1BR | $2,075 | $2,125 | −$50 (-2.4%) |
| 2BR | $3,205 | $2,861 | +$344 (+12.0%) |
| 2BR | $3,495 | $2,861 | +$634 (+22.1%) |
| 3BR | $4,750 | $3,848 | +$903 (+23.5%) |
| 3BR | $7,500 | $3,848 | +$3,653 (+94.9%) |
| 4BR | $8,500 | $5,000 | +$3,501 (+70.0%) |
| 4BR | $7,500 | $5,000 | +$2,501 (+50.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.