Monthly Rent Report
Burbank Rent Report — September 2023
Asking rents in ZIP 91504, Los Angeles, from 39 listings.
Median 1BR rent in Burbank was $1,975 in September 2023, up 13.2% (+$230) from August 2023 and up 9.7% year-over-year. The middle half of 1BR listings asked between $1,975 and $1,975. That puts Burbank $25 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 39 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,648 | +$923 (+53.5%) | — | $2,171 – $3,124 | 2 |
| Studio | $1,662 | −$63 (-3.7%) | — | $1,662 – $1,662 | 1 |
| 1BR | $1,975 | +$230 (+13.2%) | +$175 (+9.7%) | $1,975 – $1,975 | 2 |
| 1BR | $1,995 | +$250 (+14.3%) | +$195 (+10.8%) | $1,995 – $1,995 | 1 |
| 2BR | $3,400 | +$800 (+30.8%) | −$365 (-9.7%) | $2,720 – $3,548 | 7 |
| 2BR | $2,473 | −$127 (-4.9%) | −$1,292 (-34.3%) | $2,384 – $2,561 | 2 |
| 3BR | $3,295 | −$200 (-5.7%) | −$1,205 (-26.8%) | $3,295 – $4,200 | 13 |
| 3BR | $4,300 | +$805 (+23.0%) | −$200 (-4.4%) | $3,295 – $4,425 | 7 |
| 4BR | $5,450 | −$3,550 (-39.4%) | +$700 (+14.7%) | $4,925 – $5,975 | 2 |
| 4BR | $5,000 | −$4,000 (-44.4%) | +$250 (+5.3%) | $5,000 – $5,000 | 2 |
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 | $2,648 | $1,795 | +$853 (+47.5%) |
| Studio | $1,662 | $1,795 | −$133 (-7.4%) |
| 1BR | $1,975 | $2,000 | −$25 (-1.3%) |
| 1BR | $1,995 | $2,000 | −$5 (-0.3%) |
| 2BR | $3,400 | $2,750 | +$650 (+23.6%) |
| 2BR | $2,473 | $2,750 | −$277 (-10.1%) |
| 3BR | $3,295 | $3,948 | −$652 (-16.5%) |
| 3BR | $4,300 | $3,948 | +$353 (+8.9%) |
| 4BR | $5,450 | $5,000 | +$450 (+9.0%) |
| 4BR | $5,000 | $5,000 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.