Monthly Rent Report
Burbank Rent Report — June 2023
Asking rents in ZIP 91505, Los Angeles, from 97 listings.
Median 1BR rent in Burbank was $2,095 in June 2023, down 22.3% (−$603) from May 2023 and down 11.5% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,095. That puts Burbank in line with the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 97 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,992 | +$192 (+10.6%) | −$483 (-19.5%) | $1,889 – $2,147 | 12 |
| Studio | $1,825 | +$25 (+1.4%) | −$650 (-26.3%) | $1,825 – $1,825 | 1 |
| 1BR | $2,095 | −$603 (-22.3%) | −$272 (-11.5%) | $2,095 – $2,095 | 1 |
| 1BR | $2,198 | −$500 (-18.6%) | −$169 (-7.2%) | $1,997 – $2,524 | 28 |
| 2BR | $3,095 | −$205 (-6.2%) | −$905 (-22.6%) | $3,053 – $3,151 | 7 |
| 2BR | $3,369 | +$69 (+2.1%) | −$631 (-15.8%) | $2,814 – $4,919 | 26 |
| 3BR | $5,500 | +$501 (+10.0%) | +$1,505 (+37.7%) | $5,500 – $5,500 | 1 |
| 3BR | $4,675 | −$324 (-6.5%) | +$680 (+17.0%) | $3,800 – $5,301 | 16 |
| 4BR | $5,395 | −$1,295 (-19.4%) | −$605 (-10.1%) | $5,395 – $5,395 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — June 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,992 | $1,758 | +$234 (+13.3%) |
| Studio | $1,825 | $1,758 | +$67 (+3.8%) |
| 1BR | $2,095 | $2,100 | −$5 (-0.2%) |
| 1BR | $2,198 | $2,100 | +$98 (+4.6%) |
| 2BR | $3,095 | $2,900 | +$195 (+6.7%) |
| 2BR | $3,369 | $2,900 | +$469 (+16.2%) |
| 3BR | $5,500 | $3,850 | +$1,650 (+42.9%) |
| 3BR | $4,675 | $3,850 | +$825 (+21.4%) |
| 4BR | $5,395 | $5,100 | +$295 (+5.8%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.