Monthly Rent Report
Burbank Rent Report — February 2024
Asking rents in ZIP 91501, Los Angeles, from 129 listings.
Median 1BR rent in Burbank was $2,275 in February 2024, up 16.7% (+$325) from January 2024 and down 3.2% year-over-year. The middle half of 1BR listings asked between $2,275 and $2,275. That puts Burbank $80 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 129 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,835 | +$235 (+14.7%) | −$765 (-29.4%) | $1,768 – $1,950 | 10 |
| Studio | $1,835 | +$235 (+14.7%) | −$765 (-29.4%) | $1,768 – $1,950 | 10 |
| 1BR | $2,275 | +$325 (+16.7%) | −$75 (-3.2%) | $2,275 – $2,275 | 3 |
| 1BR | $1,950 | $0 (0.0%) | −$400 (-17.0%) | $1,950 – $1,950 | 1 |
| 2BR | $2,600 | −$95 (-3.5%) | −$350 (-11.9%) | $2,600 – $2,600 | 1 |
| 2BR | $2,950 | +$255 (+9.5%) | $0 (0.0%) | $2,795 – $3,488 | 70 |
| 3BR | $4,500 | +$750 (+20.0%) | +$1,505 (+50.3%) | $4,000 – $8,000 | 23 |
| 3BR | $4,500 | +$750 (+20.0%) | +$1,505 (+50.3%) | $4,500 – $4,500 | 1 |
| 4BR | $7,800 | +$2,105 (+37.0%) | +$2,600 (+50.0%) | $6,299 – $9,100 | 4 |
| 4BR | $7,800 | +$2,105 (+37.0%) | +$2,600 (+50.0%) | $6,299 – $9,100 | 4 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — February 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,835 | $1,750 | +$86 (+4.9%) |
| Studio | $1,835 | $1,750 | +$86 (+4.9%) |
| 1BR | $2,275 | $2,195 | +$80 (+3.6%) |
| 1BR | $1,950 | $2,195 | −$245 (-11.2%) |
| 2BR | $2,600 | $2,850 | −$250 (-8.8%) |
| 2BR | $2,950 | $2,850 | +$100 (+3.5%) |
| 3BR | $4,500 | $3,995 | +$505 (+12.6%) |
| 3BR | $4,500 | $3,995 | +$505 (+12.6%) |
| 4BR | $7,800 | $5,000 | +$2,800 (+56.0%) |
| 4BR | $7,800 | $5,000 | +$2,800 (+56.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.