Monthly Rent Report
Burbank Rent Report — February 2023
Asking rents in ZIP 91506, Los Angeles, from 105 listings.
Median 1BR rent in Burbank was $2,295 in February 2023, up 39.1% (+$645) from January 2023 and down 13.1% year-over-year. The middle half of 1BR listings asked between $2,295 and $2,295. That puts Burbank $170 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 105 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,025 | −$35 (-1.7%) | +$625 (+44.6%) | $1,985 – $2,630 | 16 |
| Studio | $2,550 | +$490 (+23.8%) | +$1,150 (+82.1%) | $2,550 – $2,550 | 1 |
| 1BR | $2,295 | +$645 (+39.1%) | −$345 (-13.1%) | $2,295 – $2,295 | 1 |
| 1BR | $2,905 | +$1,255 (+76.1%) | +$265 (+10.0%) | $2,385 – $3,035 | 16 |
| 2BR | $3,645 | −$255 (-6.5%) | +$395 (+12.2%) | $3,645 – $3,645 | 1 |
| 2BR | $3,200 | −$700 (-17.9%) | −$50 (-1.5%) | $2,374 – $3,944 | 20 |
| 3BR | $3,295 | $0 (0.0%) | −$1,655 (-33.4%) | $3,295 – $4,950 | 47 |
| 3BR | $5,300 | +$2,005 (+60.8%) | +$350 (+7.1%) | $5,300 – $5,300 | 1 |
| 4BR | $14,500 | — | — | $14,500 – $14,500 | 1 |
| 4BR | $14,500 | — | — | $14,500 – $14,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — February 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,025 | $1,795 | +$230 (+12.8%) |
| Studio | $2,550 | $1,795 | +$755 (+42.1%) |
| 1BR | $2,295 | $2,125 | +$170 (+8.0%) |
| 1BR | $2,905 | $2,125 | +$780 (+36.7%) |
| 2BR | $3,645 | $2,773 | +$872 (+31.4%) |
| 2BR | $3,200 | $2,773 | +$427 (+15.4%) |
| 3BR | $3,295 | $3,850 | −$555 (-14.4%) |
| 3BR | $5,300 | $3,850 | +$1,450 (+37.7%) |
| 4BR | $14,500 | $4,695 | +$9,805 (+208.8%) |
| 4BR | $14,500 | $4,695 | +$9,805 (+208.8%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.