Monthly Rent Report
Burbank Rent Report — November 2024
Asking rents in ZIP 91501, Los Angeles, from 32 listings.
Median 1BR rent in Burbank was $1,800 in November 2024, up 12.9% (+$205) from October 2024 and down 27.9% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Burbank $273 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 32 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$32 (-1.9%) | −$345 (-17.3%) | $1,650 – $1,888 | 3 |
| 1BR | $1,800 | +$205 (+12.9%) | −$695 (-27.9%) | $1,800 – $1,800 | 1 |
| 1BR | $2,400 | +$805 (+50.5%) | −$95 (-3.8%) | $2,250 – $2,400 | 4 |
| 2BR | $2,595 | −$702 (-21.3%) | −$227 (-8.1%) | $2,450 – $2,995 | 13 |
| 2BR | $2,960 | −$337 (-10.2%) | +$138 (+4.9%) | $2,918 – $2,995 | 4 |
| 3BR | $3,695 | +$300 (+8.8%) | −$355 (-8.8%) | $3,695 – $3,695 | 1 |
| 3BR | $3,795 | +$400 (+11.8%) | −$255 (-6.3%) | $3,795 – $3,795 | 1 |
| 4BR | $6,900 | −$1,895 (-21.5%) | +$2,505 (+57.0%) | $6,900 – $6,900 | 1 |
| 4BR | $6,900 | −$1,895 (-21.5%) | +$2,505 (+57.0%) | $6,900 – $6,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — November 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,750 | −$100 (-5.7%) |
| 1BR | $1,800 | $2,073 | −$272 (-13.1%) |
| 1BR | $2,400 | $2,073 | +$328 (+15.8%) |
| 2BR | $2,595 | $2,850 | −$255 (-8.9%) |
| 2BR | $2,960 | $2,850 | +$110 (+3.9%) |
| 3BR | $3,695 | $3,895 | −$200 (-5.1%) |
| 3BR | $3,795 | $3,895 | −$100 (-2.6%) |
| 4BR | $6,900 | $5,220 | +$1,681 (+32.2%) |
| 4BR | $6,900 | $5,220 | +$1,681 (+32.2%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.