Monthly Rent Report
Burbank Rent Report — September 2023
Asking rents in ZIP 91505, Los Angeles, from 64 listings.
Median 1BR rent in Burbank was $2,395 in September 2023, down 8.3% (−$216) from August 2023 and up 40.9% year-over-year. The middle half of 1BR listings asked between $2,395 and $2,555. That puts Burbank $395 above the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 64 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,841 | +$246 (+15.4%) | +$441 (+31.5%) | $1,839 – $1,842 | 2 |
| Studio | $1,843 | +$248 (+15.5%) | +$443 (+31.6%) | $1,827 – $2,049 | 18 |
| 1BR | $2,395 | −$216 (-8.3%) | +$695 (+40.9%) | $2,395 – $2,555 | 9 |
| 1BR | $2,095 | −$516 (-19.8%) | +$395 (+23.2%) | $2,095 – $2,095 | 1 |
| 2BR | $2,890 | −$240 (-7.7%) | −$295 (-9.3%) | $2,799 – $3,284 | 20 |
| 2BR | $2,700 | −$430 (-13.7%) | −$485 (-15.2%) | $2,598 – $3,100 | 3 |
| 3BR | $4,950 | +$200 (+4.2%) | −$45 (-0.9%) | $4,950 – $4,950 | 1 |
| 3BR | $4,600 | −$150 (-3.2%) | −$395 (-7.9%) | $4,200 – $4,750 | 7 |
| 4BR | $6,100 | +$800 (+15.1%) | −$4,800 (-44.0%) | $6,100 – $6,100 | 1 |
| 4BR | $5,425 | +$125 (+2.4%) | −$5,475 (-50.2%) | $5,313 – $5,538 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — September 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,841 | $1,795 | +$46 (+2.5%) |
| Studio | $1,843 | $1,795 | +$48 (+2.7%) |
| 1BR | $2,395 | $2,000 | +$395 (+19.8%) |
| 1BR | $2,095 | $2,000 | +$95 (+4.8%) |
| 2BR | $2,890 | $2,750 | +$140 (+5.1%) |
| 2BR | $2,700 | $2,750 | −$50 (-1.8%) |
| 3BR | $4,950 | $3,948 | +$1,003 (+25.4%) |
| 3BR | $4,600 | $3,948 | +$653 (+16.5%) |
| 4BR | $6,100 | $5,000 | +$1,100 (+22.0%) |
| 4BR | $5,425 | $5,000 | +$425 (+8.5%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.