Monthly Rent Report
Burbank Rent Report — February 2023
Asking rents in ZIP 91505, Los Angeles, from 177 listings.
Median 1BR rent in Burbank was $2,270 in February 2023, up 3.4% (+$75) from January 2023 and down 9.0% year-over-year. The middle half of 1BR listings asked between $2,195 and $2,607. That puts Burbank $145 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 177 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$195 (-10.3%) | −$309 (-15.4%) | $1,700 – $1,700 | 1 |
| Studio | $1,865 | −$30 (-1.6%) | −$144 (-7.2%) | $1,783 – $2,245 | 17 |
| 1BR | $2,270 | +$75 (+3.4%) | −$225 (-9.0%) | $2,195 – $2,607 | 61 |
| 1BR | $2,100 | −$95 (-4.3%) | −$395 (-15.8%) | $2,100 – $2,100 | 1 |
| 2BR | $3,110 | +$15 (+0.5%) | −$485 (-13.5%) | $2,700 – $3,550 | 65 |
| 2BR | $2,918 | −$177 (-5.7%) | −$677 (-18.8%) | $2,833 – $3,164 | 6 |
| 3BR | $5,000 | −$497 (-9.0%) | +$850 (+20.5%) | $3,995 – $5,890 | 17 |
| 3BR | $3,995 | −$1,502 (-27.3%) | −$155 (-3.7%) | $3,995 – $3,995 | 1 |
| 4BR | $5,950 | −$4,950 (-45.4%) | — | $5,950 – $5,950 | 3 |
| 4BR | $5,950 | −$4,950 (-45.4%) | — | $5,950 – $5,950 | 5 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — February 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,795 | −$95 (-5.3%) |
| Studio | $1,865 | $1,795 | +$70 (+3.9%) |
| 1BR | $2,270 | $2,125 | +$145 (+6.8%) |
| 1BR | $2,100 | $2,125 | −$25 (-1.2%) |
| 2BR | $3,110 | $2,773 | +$337 (+12.2%) |
| 2BR | $2,918 | $2,773 | +$145 (+5.2%) |
| 3BR | $5,000 | $3,850 | +$1,150 (+29.9%) |
| 3BR | $3,995 | $3,850 | +$145 (+3.8%) |
| 4BR | $5,950 | $4,695 | +$1,255 (+26.7%) |
| 4BR | $5,950 | $4,695 | +$1,255 (+26.7%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.