Monthly Rent Report
Burbank Rent Report — November 2023
Asking rents in ZIP 91505, Los Angeles, from 212 listings.
Median 1BR rent in Burbank was $2,095 in November 2023, up 1.0% (+$20) from October 2023 and down 2.6% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,095. That puts Burbank $30 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 212 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,748 | +$98 (+5.9%) | −$234 (-11.8%) | $1,474 – $2,021 | 2 |
| Studio | $2,395 | +$745 (+45.2%) | +$413 (+20.8%) | $2,145 – $2,645 | 2 |
| 1BR | $2,095 | +$20 (+1.0%) | −$55 (-2.6%) | $2,095 – $2,095 | 1 |
| 1BR | $2,045 | −$30 (-1.4%) | −$105 (-4.9%) | $2,020 – $2,070 | 2 |
| 2BR | $2,995 | −$45 (-1.5%) | +$300 (+11.1%) | $2,736 – $3,331 | 136 |
| 2BR | $2,731 | −$309 (-10.2%) | +$36 (+1.3%) | $2,731 – $2,731 | 1 |
| 3BR | $5,200 | +$500 (+10.6%) | $0 (0.0%) | $4,848 – $5,600 | 3 |
| 3BR | $4,500 | −$200 (-4.3%) | −$700 (-13.5%) | $4,250 – $5,000 | 61 |
| 4BR | $5,200 | +$200 (+4.0%) | −$1,800 (-25.7%) | $4,850 – $5,200 | 3 |
| 4BR | $5,000 | $0 (0.0%) | −$2,000 (-28.6%) | $5,000 – $5,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — November 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,748 | $1,775 | −$27 (-1.5%) |
| Studio | $2,395 | $1,775 | +$620 (+34.9%) |
| 1BR | $2,095 | $2,125 | −$30 (-1.4%) |
| 1BR | $2,045 | $2,125 | −$80 (-3.8%) |
| 2BR | $2,995 | $2,795 | +$200 (+7.2%) |
| 2BR | $2,731 | $2,795 | −$64 (-2.3%) |
| 3BR | $5,200 | $3,950 | +$1,250 (+31.6%) |
| 3BR | $4,500 | $3,950 | +$550 (+13.9%) |
| 4BR | $5,200 | $4,994 | +$206 (+4.1%) |
| 4BR | $5,000 | $4,994 | +$6 (+0.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.