Monthly Rent Report
Burbank Rent Report — June 2024
Asking rents in ZIP 91501, Los Angeles, from 228 listings.
Median 1BR rent in Burbank was $1,900 in June 2024, down 9.5% (−$200) from May 2024 and down 9.5% year-over-year. The middle half of 1BR listings asked between $1,900 and $1,900. That puts Burbank $200 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 228 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,638 | −$12 (-0.8%) | −$162 (-9.0%) | $1,631 – $1,644 | 2 |
| Studio | $1,750 | +$100 (+6.1%) | −$50 (-2.8%) | $1,698 – $1,950 | 20 |
| 1BR | $1,900 | −$200 (-9.5%) | −$200 (-9.5%) | $1,900 – $1,900 | 1 |
| 1BR | $2,150 | +$50 (+2.4%) | +$50 (+2.4%) | $1,993 – $2,300 | 52 |
| 2BR | $3,210 | −$562 (-14.9%) | +$288 (+9.8%) | $2,893 – $3,621 | 4 |
| 2BR | $2,863 | −$910 (-24.1%) | −$60 (-2.1%) | $2,795 – $3,369 | 100 |
| 3BR | $4,250 | −$550 (-11.5%) | +$750 (+21.4%) | $3,500 – $5,800 | 33 |
| 3BR | $3,695 | −$1,105 (-23.0%) | +$195 (+5.6%) | $3,695 – $3,695 | 2 |
| 4BR | $4,990 | −$810 (-14.0%) | −$210 (-4.0%) | $4,990 – $7,045 | 3 |
| 4BR | $4,990 | −$810 (-14.0%) | −$210 (-4.0%) | $4,990 – $7,045 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — June 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,638 | $1,759 | −$121 (-6.9%) |
| Studio | $1,750 | $1,759 | −$9 (-0.5%) |
| 1BR | $1,900 | $2,100 | −$200 (-9.5%) |
| 1BR | $2,150 | $2,100 | +$50 (+2.4%) |
| 2BR | $3,210 | $2,885 | +$325 (+11.3%) |
| 2BR | $2,863 | $2,885 | −$22 (-0.8%) |
| 3BR | $4,250 | $3,900 | +$350 (+9.0%) |
| 3BR | $3,695 | $3,900 | −$205 (-5.3%) |
| 4BR | $4,990 | $5,000 | −$10 (-0.2%) |
| 4BR | $4,990 | $5,000 | −$10 (-0.2%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.