Monthly Rent Report
Burbank Rent Report — April 2023
Asking rents in ZIP 91506, Los Angeles, from 143 listings.
Median 1BR rent in Burbank was $1,973 in April 2023, down 2.6% (−$52) from March 2023 and up 5.2% year-over-year. The middle half of 1BR listings asked between $1,884 and $2,061. That puts Burbank $124 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 143 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | $0 (0.0%) | −$95 (-4.5%) | $1,700 – $2,130 | 17 |
| Studio | $1,995 | $0 (0.0%) | −$95 (-4.5%) | $1,700 – $2,130 | 17 |
| 1BR | $1,973 | −$52 (-2.6%) | +$98 (+5.2%) | $1,884 – $2,061 | 2 |
| 1BR | $2,150 | +$125 (+6.2%) | +$275 (+14.7%) | $1,748 – $2,445 | 32 |
| 2BR | $3,500 | +$75 (+2.2%) | −$1,475 (-29.6%) | $2,700 – $4,163 | 28 |
| 2BR | $2,700 | −$725 (-21.2%) | −$2,275 (-45.7%) | $2,700 – $2,700 | 1 |
| 3BR | $4,500 | +$1,205 (+36.6%) | +$700 (+18.4%) | $4,500 – $4,500 | 1 |
| 3BR | $3,500 | +$205 (+6.2%) | −$300 (-7.9%) | $3,295 – $5,150 | 39 |
| 4BR | $14,500 | $0 (0.0%) | +$10,300 (+245.2%) | $14,500 – $14,500 | 3 |
| 4BR | $14,500 | $0 (0.0%) | +$10,300 (+245.2%) | $14,500 – $14,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — April 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,775 | +$220 (+12.4%) |
| Studio | $1,995 | $1,775 | +$220 (+12.4%) |
| 1BR | $1,973 | $2,097 | −$124 (-5.9%) |
| 1BR | $2,150 | $2,097 | +$53 (+2.5%) |
| 2BR | $3,500 | $2,795 | +$705 (+25.2%) |
| 2BR | $2,700 | $2,795 | −$95 (-3.4%) |
| 3BR | $4,500 | $3,895 | +$605 (+15.5%) |
| 3BR | $3,500 | $3,895 | −$395 (-10.1%) |
| 4BR | $14,500 | $4,970 | +$9,530 (+191.8%) |
| 4BR | $14,500 | $4,970 | +$9,530 (+191.8%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.