Monthly Rent Report
Burbank Rent Report — April 2023
Asking rents in ZIP 91505, Los Angeles, from 282 listings.
Median 1BR rent in Burbank was $2,400 in April 2023, down 1.0% (−$24) from March 2023 and down 6.0% year-over-year. The middle half of 1BR listings asked between $2,120 and $2,613. That puts Burbank $303 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 282 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | −$165 (-9.0%) | +$375 (+28.8%) | $1,675 – $1,675 | 1 |
| Studio | $1,958 | +$118 (+6.4%) | +$658 (+50.6%) | $1,863 – $2,175 | 31 |
| 1BR | $2,400 | −$24 (-1.0%) | −$153 (-6.0%) | $2,120 – $2,613 | 85 |
| 1BR | $2,573 | +$148 (+6.1%) | +$19 (+0.7%) | $2,534 – $2,611 | 2 |
| 2BR | $3,065 | −$434 (-12.4%) | −$2,435 (-44.3%) | $3,025 – $3,065 | 5 |
| 2BR | $3,669 | +$170 (+4.9%) | −$1,831 (-33.3%) | $2,889 – $5,625 | 86 |
| 3BR | $4,900 | −$400 (-7.6%) | +$1,400 (+40.0%) | $4,500 – $5,725 | 34 |
| 3BR | $4,900 | −$400 (-7.6%) | +$1,400 (+40.0%) | $4,500 – $5,725 | 34 |
| 4BR | $5,850 | −$100 (-1.7%) | — | $5,800 – $5,900 | 2 |
| 4BR | $5,850 | −$100 (-1.7%) | — | $5,800 – $5,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — April 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $1,775 | −$100 (-5.6%) |
| Studio | $1,958 | $1,775 | +$183 (+10.3%) |
| 1BR | $2,400 | $2,097 | +$303 (+14.5%) |
| 1BR | $2,573 | $2,097 | +$476 (+22.7%) |
| 2BR | $3,065 | $2,795 | +$270 (+9.7%) |
| 2BR | $3,669 | $2,795 | +$874 (+31.3%) |
| 3BR | $4,900 | $3,895 | +$1,005 (+25.8%) |
| 3BR | $4,900 | $3,895 | +$1,005 (+25.8%) |
| 4BR | $5,850 | $4,970 | +$880 (+17.7%) |
| 4BR | $5,850 | $4,970 | +$880 (+17.7%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.