Monthly Rent Report
Burbank Rent Report — November 2023
Asking rents in ZIP 91506, Los Angeles, from 197 listings.
Median 1BR rent in Burbank was $2,115 in November 2023, up 17.8% (+$320) from October 2023 and up 21.5% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,500. That puts Burbank in line with the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 197 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | +$105 (+5.3%) | +$20 (+1.0%) | $2,100 – $2,100 | 1 |
| Studio | $1,750 | −$245 (-12.3%) | −$330 (-15.9%) | $1,662 – $1,995 | 34 |
| 1BR | $2,115 | +$320 (+17.8%) | +$375 (+21.5%) | $1,995 – $2,500 | 54 |
| 1BR | $2,350 | +$555 (+30.9%) | +$610 (+35.1%) | $2,350 – $2,350 | 2 |
| 2BR | $3,195 | +$595 (+22.9%) | +$995 (+45.2%) | $2,631 – $3,700 | 30 |
| 2BR | $3,195 | +$595 (+22.9%) | +$995 (+45.2%) | $2,631 – $3,700 | 30 |
| 3BR | $5,600 | +$1,400 (+33.3%) | +$305 (+5.8%) | $5,600 – $5,600 | 1 |
| 3BR | $3,945 | −$255 (-6.1%) | −$1,350 (-25.5%) | $3,295 – $3,945 | 42 |
| 4BR | $5,999 | −$8,501 (-58.6%) | +$1,049 (+21.2%) | $5,999 – $5,999 | 1 |
| 4BR | $5,999 | −$8,501 (-58.6%) | +$1,049 (+21.2%) | $5,999 – $5,999 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — November 2023
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $1,775 | +$325 (+18.3%) |
| Studio | $1,750 | $1,775 | −$25 (-1.4%) |
| 1BR | $2,115 | $2,125 | −$10 (-0.5%) |
| 1BR | $2,350 | $2,125 | +$225 (+10.6%) |
| 2BR | $3,195 | $2,795 | +$400 (+14.3%) |
| 2BR | $3,195 | $2,795 | +$400 (+14.3%) |
| 3BR | $5,600 | $3,950 | +$1,650 (+41.8%) |
| 3BR | $3,945 | $3,950 | −$5 (-0.1%) |
| 4BR | $5,999 | $4,994 | +$1,005 (+20.1%) |
| 4BR | $5,999 | $4,994 | +$1,005 (+20.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.