Monthly Rent Report
Burbank Rent Report — April 2023
Asking rents in ZIP 91504, Los Angeles, from 197 listings.
Median 1BR rent in Burbank was $2,198 in April 2023, up 11.3% (+$223) from March 2023 and up 10.2% year-over-year. The middle half of 1BR listings asked between $2,050 and $2,510. That puts Burbank $101 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 197 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | +$405 (+22.6%) | +$1,100 (+100.0%) | $2,096 – $2,610 | 4 |
| Studio | $2,200 | +$405 (+22.6%) | +$1,100 (+100.0%) | $2,096 – $2,610 | 4 |
| 1BR | $2,198 | +$223 (+11.3%) | +$203 (+10.2%) | $2,050 – $2,510 | 50 |
| 1BR | $2,198 | +$223 (+11.3%) | +$203 (+10.2%) | $2,050 – $2,510 | 50 |
| 2BR | $3,253 | +$478 (+17.2%) | +$628 (+23.9%) | $2,675 – $3,730 | 50 |
| 2BR | $2,795 | +$20 (+0.7%) | +$170 (+6.5%) | $2,295 – $3,400 | 5 |
| 3BR | $3,900 | −$50 (-1.3%) | +$100 (+2.6%) | $3,900 – $3,900 | 1 |
| 3BR | $3,900 | −$50 (-1.3%) | +$100 (+2.6%) | $3,398 – $4,873 | 19 |
| 4BR | $6,250 | +$1,250 (+25.0%) | −$550 (-8.1%) | $6,000 – $7,000 | 4 |
| 4BR | $6,250 | +$1,250 (+25.0%) | −$550 (-8.1%) | $6,000 – $7,000 | 4 |
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 | $2,200 | $1,775 | +$425 (+23.9%) |
| Studio | $2,200 | $1,775 | +$425 (+23.9%) |
| 1BR | $2,198 | $2,097 | +$101 (+4.8%) |
| 1BR | $2,198 | $2,097 | +$101 (+4.8%) |
| 2BR | $3,253 | $2,795 | +$458 (+16.4%) |
| 2BR | $2,795 | $2,795 | $0 (0.0%) |
| 3BR | $3,900 | $3,895 | +$5 (+0.1%) |
| 3BR | $3,900 | $3,895 | +$5 (+0.1%) |
| 4BR | $6,250 | $4,970 | +$1,280 (+25.8%) |
| 4BR | $6,250 | $4,970 | +$1,280 (+25.8%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.