Monthly Rent Report
Burbank Rent Report — January 2023
Asking rents in ZIP 91505, Los Angeles, from 189 listings.
Median 1BR rent in Burbank was $2,195 in January 2023, down 11.2% (−$277) from December 2022 and up 2.1% 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 189 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | +$295 (+18.4%) | −$38 (-2.0%) | $1,895 – $1,895 | 1 |
| Studio | $1,858 | +$258 (+16.1%) | −$75 (-3.9%) | $1,550 – $2,380 | 19 |
| 1BR | $2,195 | −$277 (-11.2%) | +$45 (+2.1%) | $2,195 – $2,195 | 1 |
| 1BR | $2,300 | −$172 (-7.0%) | +$150 (+7.0%) | $2,183 – $2,545 | 56 |
| 2BR | $3,095 | +$110 (+3.7%) | −$257 (-7.7%) | $3,095 – $3,095 | 1 |
| 2BR | $3,000 | +$15 (+0.5%) | −$352 (-10.5%) | $2,691 – $3,650 | 72 |
| 3BR | $3,900 | −$2,150 (-35.5%) | −$3,600 (-48.0%) | $3,450 – $4,450 | 3 |
| 3BR | $5,498 | −$552 (-9.1%) | −$2,002 (-26.7%) | $4,963 – $5,905 | 34 |
| 4BR | $10,900 | $0 (0.0%) | — | $10,900 – $10,900 | 1 |
| 4BR | $10,900 | $0 (0.0%) | — | $10,900 – $10,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — January 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,795 | +$100 (+5.6%) |
| Studio | $1,858 | $1,795 | +$63 (+3.5%) |
| 1BR | $2,195 | $2,125 | +$70 (+3.3%) |
| 1BR | $2,300 | $2,125 | +$175 (+8.2%) |
| 2BR | $3,095 | $2,861 | +$234 (+8.2%) |
| 2BR | $3,000 | $2,861 | +$139 (+4.8%) |
| 3BR | $3,900 | $3,848 | +$53 (+1.4%) |
| 3BR | $5,498 | $3,848 | +$1,650 (+42.9%) |
| 4BR | $10,900 | $5,000 | +$5,901 (+118.0%) |
| 4BR | $10,900 | $5,000 | +$5,901 (+118.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.