Monthly Rent Report
Burbank Rent Report — June 2023
Asking rents in ZIP 91504, Los Angeles, from 75 listings.
Median 1BR rent in Burbank was $2,550 in June 2023, up 21.4% (+$450) from May 2023 and up 27.8% year-over-year. The middle half of 1BR listings asked between $2,550 and $2,550. That puts Burbank $450 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 75 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | −$290 (-13.9%) | +$395 (+28.2%) | $1,775 – $2,048 | 7 |
| Studio | $1,795 | −$290 (-13.9%) | +$395 (+28.2%) | $1,775 – $2,048 | 7 |
| 1BR | $2,550 | +$450 (+21.4%) | +$555 (+27.8%) | $2,550 – $2,550 | 1 |
| 1BR | $2,195 | +$95 (+4.5%) | +$200 (+10.0%) | $2,100 – $2,241 | 7 |
| 2BR | $3,475 | +$890 (+34.4%) | −$324 (-8.5%) | $3,475 – $3,475 | 1 |
| 2BR | $3,199 | +$614 (+23.8%) | −$600 (-15.8%) | $2,811 – $3,474 | 18 |
| 3BR | $3,500 | +$205 (+6.2%) | $0 (0.0%) | $3,500 – $3,500 | 1 |
| 3BR | $3,295 | $0 (0.0%) | −$205 (-5.9%) | $3,295 – $3,295 | 27 |
| 4BR | $5,000 | +$500 (+11.1%) | −$100 (-2.0%) | $5,000 – $5,000 | 1 |
| 4BR | $5,000 | +$500 (+11.1%) | −$100 (-2.0%) | $4,500 – $5,495 | 5 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — June 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,758 | +$37 (+2.1%) |
| Studio | $1,795 | $1,758 | +$37 (+2.1%) |
| 1BR | $2,550 | $2,100 | +$450 (+21.4%) |
| 1BR | $2,195 | $2,100 | +$95 (+4.5%) |
| 2BR | $3,475 | $2,900 | +$575 (+19.8%) |
| 2BR | $3,199 | $2,900 | +$299 (+10.3%) |
| 3BR | $3,500 | $3,850 | −$350 (-9.1%) |
| 3BR | $3,295 | $3,850 | −$555 (-14.4%) |
| 4BR | $5,000 | $5,100 | −$100 (-2.0%) |
| 4BR | $5,000 | $5,100 | −$100 (-2.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.