Monthly Rent Report
Burbank Rent Report — November 2023
Asking rents in ZIP 91504, Los Angeles, from 100 listings.
Median 1BR rent in Burbank was $2,195 in November 2023, up 10.0% (+$200) from October 2023 and up 22.3% year-over-year. The middle half of 1BR listings asked between $2,195 and $2,195. That puts Burbank $70 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 100 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | +$195 (+13.0%) | — | $1,595 – $1,725 | 15 |
| Studio | $1,695 | +$195 (+13.0%) | — | $1,595 – $1,725 | 15 |
| 1BR | $2,195 | +$200 (+10.0%) | +$400 (+22.3%) | $2,195 – $2,195 | 1 |
| 1BR | $2,600 | +$605 (+30.3%) | +$805 (+44.8%) | $2,600 – $2,600 | 2 |
| 2BR | $2,100 | −$1,100 (-34.4%) | +$150 (+7.7%) | $2,100 – $2,100 | 1 |
| 2BR | $2,988 | −$212 (-6.6%) | +$1,038 (+53.2%) | $2,750 – $3,571 | 52 |
| 3BR | $4,450 | −$50 (-1.1%) | −$550 (-11.0%) | $4,450 – $4,450 | 1 |
| 3BR | $2,600 | −$1,900 (-42.2%) | −$2,400 (-48.0%) | $2,575 – $2,625 | 4 |
| 4BR | $6,500 | $0 (0.0%) | +$250 (+4.0%) | $6,500 – $6,500 | 1 |
| 4BR | $4,999 | −$1,501 (-23.1%) | −$1,251 (-20.0%) | $4,999 – $5,374 | 8 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — November 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,775 | −$80 (-4.5%) |
| Studio | $1,695 | $1,775 | −$80 (-4.5%) |
| 1BR | $2,195 | $2,125 | +$70 (+3.3%) |
| 1BR | $2,600 | $2,125 | +$475 (+22.4%) |
| 2BR | $2,100 | $2,795 | −$695 (-24.9%) |
| 2BR | $2,988 | $2,795 | +$193 (+6.9%) |
| 3BR | $4,450 | $3,950 | +$500 (+12.7%) |
| 3BR | $2,600 | $3,950 | −$1,350 (-34.2%) |
| 4BR | $6,500 | $4,994 | +$1,506 (+30.2%) |
| 4BR | $4,999 | $4,994 | +$5 (+0.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.