Monthly Rent Report
Burbank Rent Report — September 2023
Asking rents in ZIP 91506, Los Angeles, from 35 listings.
Median 1BR rent in Burbank was $1,800 in September 2023, down 10.0% (−$200) from August 2023 and down 33.3% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Burbank $200 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 35 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,080 | −$390 (-15.8%) | +$60 (+3.0%) | $1,900 – $2,080 | 5 |
| Studio | $2,080 | −$390 (-15.8%) | +$60 (+3.0%) | $1,964 – $3,040 | 16 |
| 1BR | $1,800 | −$200 (-10.0%) | −$900 (-33.3%) | $1,800 – $1,800 | 1 |
| 1BR | $2,000 | $0 (0.0%) | −$700 (-25.9%) | $2,000 – $2,000 | 1 |
| 2BR | $2,300 | −$575 (-20.0%) | −$1,000 (-30.3%) | $2,275 – $2,325 | 2 |
| 3BR | $3,495 | +$200 (+6.1%) | −$5,005 (-58.9%) | $3,495 – $3,495 | 1 |
| 3BR | $3,945 | +$650 (+19.7%) | −$4,555 (-53.6%) | $3,945 – $3,945 | 8 |
| 4BR | $4,500 | −$400 (-8.2%) | −$1,400 (-23.7%) | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — September 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,080 | $1,795 | +$285 (+15.9%) |
| Studio | $2,080 | $1,795 | +$285 (+15.9%) |
| 1BR | $1,800 | $2,000 | −$200 (-10.0%) |
| 1BR | $2,000 | $2,000 | $0 (0.0%) |
| 2BR | $2,300 | $2,750 | −$450 (-16.4%) |
| 3BR | $3,495 | $3,948 | −$452 (-11.5%) |
| 3BR | $3,945 | $3,948 | −$2 (-0.1%) |
| 4BR | $4,500 | $5,000 | −$500 (-10.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.