Monthly Rent Report
Burbank Rent Report — January 2024
Asking rents in ZIP 91501, Los Angeles, from 118 listings.
Median 1BR rent in Burbank was $1,875 in January 2024, up 1.4% (+$25) from December 2023 and down 10.7% year-over-year. The middle half of 1BR listings asked between $1,863 and $1,888. That puts Burbank $222 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 118 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | −$350 (-17.9%) | — | $1,350 – $1,820 | 5 |
| Studio | $1,595 | −$355 (-18.2%) | — | $1,595 – $1,595 | 1 |
| 1BR | $1,875 | +$25 (+1.4%) | −$225 (-10.7%) | $1,863 – $1,888 | 2 |
| 1BR | $1,950 | +$100 (+5.4%) | −$150 (-7.1%) | $1,900 – $2,056 | 30 |
| 2BR | $2,695 | −$100 (-3.6%) | −$5 (-0.2%) | $2,645 – $2,745 | 2 |
| 2BR | $2,795 | $0 (0.0%) | +$95 (+3.5%) | $2,650 – $3,300 | 53 |
| 3BR | $3,750 | +$305 (+8.9%) | −$200 (-5.1%) | $3,750 – $6,999 | 16 |
| 3BR | $4,395 | +$950 (+27.6%) | +$445 (+11.3%) | $4,395 – $4,395 | 1 |
| 4BR | $5,695 | +$1,300 (+29.6%) | −$2,805 (-33.0%) | $5,695 – $6,098 | 3 |
| 4BR | $5,695 | +$1,300 (+29.6%) | −$2,805 (-33.0%) | $5,695 – $6,098 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — January 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,750 | −$150 (-8.6%) |
| Studio | $1,595 | $1,750 | −$155 (-8.9%) |
| 1BR | $1,875 | $2,097 | −$221 (-10.6%) |
| 1BR | $1,950 | $2,097 | −$146 (-7.0%) |
| 2BR | $2,695 | $2,795 | −$100 (-3.6%) |
| 2BR | $2,795 | $2,795 | $0 (0.0%) |
| 3BR | $3,750 | $3,950 | −$200 (-5.1%) |
| 3BR | $4,395 | $3,950 | +$445 (+11.3%) |
| 4BR | $5,695 | $5,200 | +$495 (+9.5%) |
| 4BR | $5,695 | $5,200 | +$495 (+9.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.