Monthly Rent Report
Burbank Rent Report — September 2024
Asking rents in ZIP 91501, Los Angeles, from 21 listings.
Median 1BR rent in Burbank was $1,950 in September 2024, up 4.0% (+$75) from August 2024 and down 17.0% year-over-year. The middle half of 1BR listings asked between $1,950 and $1,950. That puts Burbank $49 below the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 21 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | +$75 (+4.5%) | −$200 (-10.3%) | $1,656 – $1,784 | 6 |
| 1BR | $1,950 | +$75 (+4.0%) | −$400 (-17.0%) | $1,950 – $1,950 | 1 |
| 2BR | $2,825 | +$25 (+0.9%) | +$30 (+1.1%) | $2,825 – $2,825 | 1 |
| 3BR | $4,695 | −$2,805 (-37.4%) | +$245 (+5.5%) | $4,695 – $4,695 | 1 |
| 3BR | $4,500 | −$3,000 (-40.0%) | +$50 (+1.1%) | $4,500 – $4,500 | 1 |
| 4BR | $9,100 | +$3,550 (+64.0%) | +$2,900 (+46.8%) | $8,795 – $9,100 | 9 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — September 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,755 | −$5 (-0.3%) |
| 1BR | $1,950 | $1,999 | −$48 (-2.4%) |
| 2BR | $2,825 | $2,795 | +$30 (+1.1%) |
| 3BR | $4,695 | $3,850 | +$845 (+21.9%) |
| 3BR | $4,500 | $3,850 | +$650 (+16.9%) |
| 4BR | $9,100 | $4,995 | +$4,105 (+82.2%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.