Monthly Rent Report
Burbank Rent Report — June 2023
Asking rents in ZIP 91506, Los Angeles, from 71 listings.
Median 1BR rent in Burbank was $2,200 in June 2023, up 20.5% (+$375) from May 2023 and up 18.9% year-over-year. The middle half of 1BR listings asked between $2,121 and $2,200. That puts Burbank $100 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 71 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,915 | +$320 (+20.1%) | +$415 (+27.7%) | $1,851 – $2,108 | 4 |
| Studio | $1,525 | −$70 (-4.4%) | +$25 (+1.7%) | $1,525 – $1,525 | 1 |
| 1BR | $2,200 | +$375 (+20.5%) | +$350 (+18.9%) | $2,121 – $2,200 | 6 |
| 1BR | $1,949 | +$124 (+6.8%) | +$99 (+5.4%) | $1,949 – $1,949 | 1 |
| 2BR | $4,248 | +$1,398 (+49.0%) | +$1,398 (+49.0%) | $4,124 – $4,371 | 2 |
| 2BR | $3,225 | +$375 (+13.2%) | +$375 (+13.2%) | $2,445 – $3,863 | 10 |
| 3BR | $3,945 | $0 (0.0%) | −$1,050 (-21.0%) | $3,295 – $3,945 | 40 |
| 3BR | $4,350 | +$405 (+10.3%) | −$645 (-12.9%) | $4,325 – $4,375 | 2 |
| 4BR | $5,225 | −$275 (-5.0%) | — | $5,088 – $5,363 | 2 |
| 4BR | $5,900 | +$400 (+7.3%) | — | $5,900 – $5,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — June 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,915 | $1,758 | +$157 (+8.9%) |
| Studio | $1,525 | $1,758 | −$233 (-13.3%) |
| 1BR | $2,200 | $2,100 | +$100 (+4.8%) |
| 1BR | $1,949 | $2,100 | −$151 (-7.2%) |
| 2BR | $4,248 | $2,900 | +$1,348 (+46.5%) |
| 2BR | $3,225 | $2,900 | +$325 (+11.2%) |
| 3BR | $3,945 | $3,850 | +$95 (+2.5%) |
| 3BR | $4,350 | $3,850 | +$500 (+13.0%) |
| 4BR | $5,225 | $5,100 | +$125 (+2.5%) |
| 4BR | $5,900 | $5,100 | +$800 (+15.7%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.