Monthly Rent Report
Burbank Rent Report — December 2024
Asking rents in ZIP 91501, Los Angeles, from 48 listings.
Median 1BR rent in Burbank was $1,925 in December 2024, up 6.9% (+$125) from November 2024 and up 4.1% year-over-year. The middle half of 1BR listings asked between $1,910 and $2,148. That puts Burbank $143 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 48 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | −$50 (-3.0%) | −$350 (-17.9%) | $1,600 – $1,600 | 1 |
| Studio | $1,650 | $0 (0.0%) | −$300 (-15.4%) | $1,650 – $1,650 | 1 |
| 1BR | $1,925 | +$125 (+6.9%) | +$75 (+4.1%) | $1,910 – $2,148 | 7 |
| 1BR | $1,900 | +$100 (+5.6%) | +$50 (+2.7%) | $1,900 – $1,900 | 1 |
| 2BR | $2,650 | +$55 (+2.1%) | −$145 (-5.2%) | $2,350 – $3,273 | 15 |
| 2BR | $6,995 | +$4,400 (+169.6%) | +$4,200 (+150.3%) | $6,995 – $6,995 | 2 |
| 3BR | $3,760 | +$65 (+1.8%) | +$165 (+4.6%) | $3,743 – $3,778 | 2 |
| 3BR | $6,900 | +$3,205 (+86.7%) | +$3,305 (+91.9%) | $4,898 – $7,200 | 7 |
| 4BR | $7,200 | +$300 (+4.3%) | +$2,805 (+63.8%) | $6,579 – $8,150 | 11 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — December 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,725 | −$125 (-7.2%) |
| Studio | $1,650 | $1,725 | −$75 (-4.3%) |
| 1BR | $1,925 | $2,068 | −$142 (-6.9%) |
| 1BR | $1,900 | $2,068 | −$167 (-8.1%) |
| 2BR | $2,650 | $2,750 | −$100 (-3.6%) |
| 2BR | $6,995 | $2,750 | +$4,245 (+154.4%) |
| 3BR | $3,760 | $3,995 | −$235 (-5.9%) |
| 3BR | $6,900 | $3,995 | +$2,905 (+72.7%) |
| 4BR | $7,200 | $4,900 | +$2,300 (+46.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.