Monthly Rent Report
Burbank Rent Report — April 2024
Asking rents in ZIP 91502, Los Angeles, from 245 listings.
Median 1BR rent in Burbank was $1,695 in April 2024, down 22.8% (−$500) from March 2024 and up 41.3% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Burbank $400 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 245 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,725 | +$75 (+4.5%) | +$100 (+6.2%) | $1,725 – $1,725 | 1 |
| Studio | $1,625 | −$25 (-1.5%) | $0 (0.0%) | $1,625 – $1,725 | 18 |
| 1BR | $1,695 | −$500 (-22.8%) | +$495 (+41.3%) | $1,695 – $1,695 | 1 |
| 1BR | $2,193 | −$2 (-0.1%) | +$993 (+82.7%) | $2,000 – $2,250 | 100 |
| 2BR | $2,800 | −$25 (-0.9%) | −$150 (-5.1%) | $2,585 – $3,398 | 75 |
| 2BR | $2,600 | −$225 (-8.0%) | −$350 (-11.9%) | $2,600 – $2,600 | 1 |
| 3BR | $3,795 | −$145 (-3.7%) | −$495 (-11.5%) | $335 – $5,200 | 21 |
| 3BR | $3,870 | −$70 (-1.8%) | −$420 (-9.8%) | $335 – $5,200 | 28 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — April 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,725 | $1,795 | −$70 (-3.9%) |
| Studio | $1,625 | $1,795 | −$170 (-9.5%) |
| 1BR | $1,695 | $2,095 | −$400 (-19.1%) |
| 1BR | $2,193 | $2,095 | +$98 (+4.7%) |
| 2BR | $2,800 | $2,833 | −$33 (-1.2%) |
| 2BR | $2,600 | $2,833 | −$233 (-8.2%) |
| 3BR | $3,795 | $3,950 | −$155 (-3.9%) |
| 3BR | $3,870 | $3,950 | −$80 (-2.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.