Monthly Rent Report
Burbank Rent Report — October 2023
Asking rents in ZIP 91506, Los Angeles, from 69 listings.
Median 1BR rent in Burbank was $2,000 in October 2023, up 11.1% (+$200) from September 2023 and up 2.8% year-over-year. The middle half of 1BR listings asked between $1,925 and $2,300. That puts Burbank in line with the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 69 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$330 (-15.9%) | −$232 (-11.7%) | $1,750 – $1,809 | 6 |
| Studio | $1,995 | −$85 (-4.1%) | +$13 (+0.6%) | $1,662 – $2,000 | 29 |
| 1BR | $2,000 | +$200 (+11.1%) | +$55 (+2.8%) | $1,925 – $2,300 | 4 |
| 1BR | $1,795 | −$5 (-0.3%) | −$150 (-7.7%) | $1,795 – $1,795 | 1 |
| 2BR | $2,725 | +$425 (+18.5%) | +$230 (+9.2%) | $2,631 – $3,236 | 10 |
| 2BR | $2,600 | +$300 (+13.0%) | +$105 (+4.2%) | $2,600 – $2,600 | 1 |
| 3BR | $5,600 | +$2,105 (+60.2%) | +$1,655 (+42.0%) | $5,600 – $5,600 | 1 |
| 3BR | $4,200 | +$705 (+20.2%) | +$255 (+6.5%) | $3,750 – $5,600 | 9 |
| 4BR | $14,500 | +$10,000 (+222.2%) | +$8,600 (+145.8%) | $14,500 – $14,500 | 3 |
| 4BR | $14,500 | +$10,000 (+222.2%) | +$8,600 (+145.8%) | $14,500 – $14,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,700 | +$50 (+2.9%) |
| Studio | $1,995 | $1,700 | +$295 (+17.4%) |
| 1BR | $2,000 | $1,998 | +$3 (+0.1%) |
| 1BR | $1,795 | $1,998 | −$202 (-10.1%) |
| 2BR | $2,725 | $2,750 | −$25 (-0.9%) |
| 2BR | $2,600 | $2,750 | −$150 (-5.5%) |
| 3BR | $5,600 | $4,195 | +$1,405 (+33.5%) |
| 3BR | $4,200 | $4,195 | +$5 (+0.1%) |
| 4BR | $14,500 | $5,275 | +$9,225 (+174.9%) |
| 4BR | $14,500 | $5,275 | +$9,225 (+174.9%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.