Monthly Rent Report
Burbank Rent Report — April 2024
Asking rents in ZIP 91501, Los Angeles, from 199 listings.
Median 1BR rent in Burbank was $1,850 in April 2024, down 16.8% (−$372) from March 2024 and up 5.7% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts Burbank $245 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 199 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | +$100 (+6.1%) | −$145 (-7.7%) | $1,700 – $1,795 | 15 |
| Studio | $1,795 | +$145 (+8.8%) | −$100 (-5.3%) | $1,750 – $1,795 | 13 |
| 1BR | $1,850 | −$372 (-16.8%) | +$100 (+5.7%) | $1,850 – $1,850 | 1 |
| 1BR | $2,150 | −$72 (-3.3%) | +$400 (+22.9%) | $1,925 – $2,395 | 39 |
| 2BR | $2,950 | +$50 (+1.7%) | −$350 (-10.6%) | $2,950 – $2,950 | 1 |
| 2BR | $2,895 | −$5 (-0.2%) | −$405 (-12.3%) | $2,700 – $3,250 | 99 |
| 3BR | $4,050 | +$50 (+1.3%) | +$50 (+1.3%) | $3,500 – $5,438 | 26 |
| 3BR | $3,395 | −$605 (-15.1%) | −$605 (-15.1%) | $3,395 – $3,395 | 1 |
| 4BR | $9,100 | +$3,300 (+56.9%) | +$3,300 (+56.9%) | $9,100 – $9,100 | 1 |
| 4BR | $9,100 | +$3,300 (+56.9%) | +$3,300 (+56.9%) | $7,450 – $9,100 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — April 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,795 | −$45 (-2.5%) |
| Studio | $1,795 | $1,795 | $0 (0.0%) |
| 1BR | $1,850 | $2,095 | −$245 (-11.7%) |
| 1BR | $2,150 | $2,095 | +$55 (+2.6%) |
| 2BR | $2,950 | $2,833 | +$117 (+4.1%) |
| 2BR | $2,895 | $2,833 | +$62 (+2.2%) |
| 3BR | $4,050 | $3,950 | +$100 (+2.5%) |
| 3BR | $3,395 | $3,950 | −$555 (-14.1%) |
| 4BR | $9,100 | $4,999 | +$4,101 (+82.0%) |
| 4BR | $9,100 | $4,999 | +$4,101 (+82.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.