Monthly Rent Report
Burbank Rent Report — October 2023
Asking rents in ZIP 91504, Los Angeles, from 50 listings.
Median 1BR rent in Burbank was $1,995 in October 2023, flat versus September 2023 and down 5.0% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Burbank in line with the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 50 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,662 | $0 (0.0%) | −$88 (-5.0%) | $1,548 – $1,750 | 7 |
| Studio | $1,500 | −$162 (-9.7%) | −$250 (-14.3%) | $1,500 – $1,500 | 1 |
| 1BR | $1,995 | $0 (0.0%) | −$105 (-5.0%) | $1,995 – $1,995 | 1 |
| 1BR | $2,288 | +$293 (+14.7%) | +$188 (+8.9%) | $2,281 – $2,294 | 2 |
| 2BR | $2,895 | −$505 (-14.9%) | −$515 (-15.1%) | $2,525 – $3,038 | 23 |
| 2BR | $3,200 | −$200 (-5.9%) | −$210 (-6.2%) | $3,200 – $3,200 | 1 |
| 3BR | $4,500 | +$1,205 (+36.6%) | +$1,205 (+36.6%) | $4,100 – $5,750 | 11 |
| 3BR | $4,125 | +$830 (+25.2%) | +$830 (+25.2%) | $4,063 – $4,188 | 2 |
| 4BR | $4,500 | −$500 (-10.0%) | −$600 (-11.8%) | $4,500 – $4,500 | 1 |
| 4BR | $6,500 | +$1,500 (+30.0%) | +$1,400 (+27.5%) | $6,500 – $6,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,662 | $1,700 | −$38 (-2.2%) |
| Studio | $1,500 | $1,700 | −$200 (-11.8%) |
| 1BR | $1,995 | $1,998 | −$2 (-0.1%) |
| 1BR | $2,288 | $1,998 | +$290 (+14.5%) |
| 2BR | $2,895 | $2,750 | +$145 (+5.3%) |
| 2BR | $3,200 | $2,750 | +$450 (+16.4%) |
| 3BR | $4,500 | $4,195 | +$305 (+7.3%) |
| 3BR | $4,125 | $4,195 | −$70 (-1.7%) |
| 4BR | $4,500 | $5,275 | −$775 (-14.7%) |
| 4BR | $6,500 | $5,275 | +$1,225 (+23.2%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.