Monthly Rent Report
Burbank Rent Report — October 2023
Asking rents in ZIP 91505, Los Angeles, from 79 listings.
Median 1BR rent in Burbank was $2,075 in October 2023, down 1.0% (−$20) from September 2023 and down 1.8% year-over-year. The middle half of 1BR listings asked between $1,955 and $2,400. That puts Burbank $78 above the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 79 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$190 (-10.4%) | −$374 (-18.5%) | $1,650 – $1,650 | 1 |
| Studio | $2,190 | +$350 (+19.0%) | +$166 (+8.2%) | $1,569 – $2,273 | 14 |
| 1BR | $2,075 | −$20 (-1.0%) | −$37 (-1.8%) | $1,955 – $2,400 | 31 |
| 1BR | $2,325 | +$230 (+11.0%) | +$213 (+10.1%) | $2,060 – $2,510 | 3 |
| 2BR | $2,475 | −$415 (-14.4%) | −$538 (-17.9%) | $2,475 – $2,475 | 1 |
| 2BR | $3,040 | +$150 (+5.2%) | +$27 (+0.9%) | $3,027 – $3,050 | 3 |
| 3BR | $4,995 | +$395 (+8.6%) | −$955 (-16.1%) | $4,995 – $4,995 | 1 |
| 3BR | $4,700 | +$100 (+2.2%) | −$1,250 (-21.0%) | $4,200 – $4,995 | 21 |
| 4BR | $4,998 | −$1,102 (-18.1%) | −$1,002 (-16.7%) | $4,896 – $5,099 | 2 |
| 4BR | $5,000 | −$1,100 (-18.0%) | −$1,000 (-16.7%) | $5,000 – $5,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,700 | −$50 (-2.9%) |
| Studio | $2,190 | $1,700 | +$490 (+28.8%) |
| 1BR | $2,075 | $1,998 | +$78 (+3.9%) |
| 1BR | $2,325 | $1,998 | +$328 (+16.4%) |
| 2BR | $2,475 | $2,750 | −$275 (-10.0%) |
| 2BR | $3,040 | $2,750 | +$290 (+10.5%) |
| 3BR | $4,995 | $4,195 | +$800 (+19.1%) |
| 3BR | $4,700 | $4,195 | +$505 (+12.0%) |
| 4BR | $4,998 | $5,275 | −$277 (-5.3%) |
| 4BR | $5,000 | $5,275 | −$275 (-5.2%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.