Monthly Rent Report
Burbank Rent Report — October 2024
Asking rents in ZIP 91501, Los Angeles, from 70 listings.
Median 1BR rent in Burbank was $1,795 in October 2024, down 7.9% (−$155) from September 2024 and down 10.7% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,795. That puts Burbank $216 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 70 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$100 (-5.7%) | +$900 (+120.0%) | $1,650 – $1,650 | 1 |
| Studio | $1,683 | −$67 (-3.9%) | +$933 (+124.3%) | $980 – $1,770 | 6 |
| 1BR | $1,795 | −$155 (-7.9%) | −$215 (-10.7%) | $1,795 – $1,795 | 1 |
| 1BR | $1,595 | −$355 (-18.2%) | −$415 (-20.6%) | $1,595 – $1,908 | 23 |
| 2BR | $3,298 | +$473 (+16.7%) | −$52 (-1.6%) | $2,588 – $3,995 | 4 |
| 2BR | $1,950 | −$875 (-31.0%) | −$1,400 (-41.8%) | $1,909 – $2,613 | 26 |
| 3BR | $5,950 | +$1,255 (+26.7%) | +$2,150 (+56.6%) | $5,950 – $5,950 | 1 |
| 3BR | $3,395 | −$1,300 (-27.7%) | −$405 (-10.7%) | $3,109 – $3,946 | 4 |
| 4BR | $8,795 | −$305 (-3.4%) | +$145 (+1.7%) | $8,795 – $8,948 | 3 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,700 | −$50 (-2.9%) |
| Studio | $1,683 | $1,700 | −$17 (-1.0%) |
| 1BR | $1,795 | $2,011 | −$216 (-10.8%) |
| 1BR | $1,595 | $2,011 | −$416 (-20.7%) |
| 2BR | $3,298 | $2,727 | +$571 (+20.9%) |
| 2BR | $1,950 | $2,727 | −$777 (-28.5%) |
| 3BR | $5,950 | $3,816 | +$2,134 (+55.9%) |
| 3BR | $3,395 | $3,816 | −$421 (-11.0%) |
| 4BR | $8,795 | $5,225 | +$3,570 (+68.3%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.