Monthly Rent Report
Burbank Rent Report — December 2023
Asking rents in ZIP 91504, Los Angeles, from 139 listings.
Median 1BR rent in Burbank was $2,100 in December 2023, down 19.2% (−$500) from November 2023 and up 5.3% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,566. That puts Burbank $29 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 139 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,662 | −$33 (-1.9%) | — | $1,662 – $1,662 | 2 |
| Studio | $1,662 | −$33 (-1.9%) | — | $1,662 – $1,662 | 4 |
| 1BR | $2,100 | −$500 (-19.2%) | +$105 (+5.3%) | $1,850 – $2,566 | 46 |
| 1BR | $1,750 | −$850 (-32.7%) | −$245 (-12.3%) | $1,750 – $1,750 | 1 |
| 2BR | $2,800 | −$187 (-6.3%) | +$305 (+12.2%) | $2,800 – $2,800 | 1 |
| 2BR | $2,790 | −$197 (-6.6%) | +$295 (+11.8%) | $2,586 – $3,095 | 76 |
| 3BR | $7,850 | +$5,250 (+201.9%) | +$3,350 (+74.4%) | $7,850 – $7,850 | 3 |
| 3BR | $7,850 | +$5,250 (+201.9%) | +$3,350 (+74.4%) | $7,850 – $7,850 | 3 |
| 4BR | $6,900 | +$1,901 (+38.0%) | $0 (0.0%) | $6,900 – $6,900 | 1 |
| 4BR | $6,700 | +$1,701 (+34.0%) | −$200 (-2.9%) | $6,600 – $6,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — December 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,662 | $1,750 | −$88 (-5.0%) |
| Studio | $1,662 | $1,750 | −$88 (-5.0%) |
| 1BR | $2,100 | $2,129 | −$29 (-1.4%) |
| 1BR | $1,750 | $2,129 | −$379 (-17.8%) |
| 2BR | $2,800 | $2,795 | +$5 (+0.2%) |
| 2BR | $2,790 | $2,795 | −$5 (-0.2%) |
| 3BR | $7,850 | $3,923 | +$3,928 (+100.1%) |
| 3BR | $7,850 | $3,923 | +$3,928 (+100.1%) |
| 4BR | $6,900 | $4,750 | +$2,150 (+45.3%) |
| 4BR | $6,700 | $4,750 | +$1,950 (+41.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.