Monthly Rent Report
Burbank Rent Report — February 2024
Asking rents in ZIP 91502, Los Angeles, from 196 listings.
Median 1BR rent in Burbank was $1,795 in February 2024, down 7.9% (−$155) from January 2024 and down 16.5% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,795. That puts Burbank $400 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 196 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | $0 (0.0%) | +$245 (+15.8%) | $1,795 – $1,795 | 1 |
| Studio | $1,650 | −$145 (-8.1%) | +$100 (+6.5%) | $1,605 – $1,845 | 11 |
| 1BR | $1,795 | −$155 (-7.9%) | −$355 (-16.5%) | $1,795 – $1,795 | 1 |
| 1BR | $2,095 | +$145 (+7.4%) | −$55 (-2.6%) | $1,875 – $2,295 | 80 |
| 2BR | $2,800 | +$30 (+1.1%) | +$28 (+1.0%) | $2,650 – $3,350 | 77 |
| 2BR | $3,250 | +$480 (+17.3%) | +$478 (+17.2%) | $3,250 – $3,250 | 1 |
| 3BR | $3,400 | −$1,500 (-30.6%) | −$1,350 (-28.4%) | $3,400 – $3,400 | 1 |
| 3BR | $6,300 | +$1,400 (+28.6%) | +$1,550 (+32.6%) | $3,471 – $6,425 | 24 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — February 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,750 | +$46 (+2.6%) |
| Studio | $1,650 | $1,750 | −$99 (-5.7%) |
| 1BR | $1,795 | $2,195 | −$400 (-18.2%) |
| 1BR | $2,095 | $2,195 | −$100 (-4.6%) |
| 2BR | $2,800 | $2,850 | −$50 (-1.8%) |
| 2BR | $3,250 | $2,850 | +$400 (+14.0%) |
| 3BR | $3,400 | $3,995 | −$595 (-14.9%) |
| 3BR | $6,300 | $3,995 | +$2,305 (+57.7%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.