Monthly Rent Report
Burbank Rent Report — June 2024
Asking rents in ZIP 91502, Los Angeles, from 280 listings.
Median 1BR rent in Burbank was $2,175 in June 2024, down 0.9% (−$20) from May 2024 and up 2.4% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,250. That puts Burbank $75 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 280 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,845 | +$120 (+7.0%) | +$320 (+21.0%) | $1,820 – $1,870 | 2 |
| Studio | $1,695 | −$30 (-1.7%) | +$170 (+11.1%) | $1,625 – $1,725 | 9 |
| 1BR | $2,175 | −$20 (-0.9%) | +$50 (+2.4%) | $1,995 – $2,250 | 131 |
| 1BR | $1,950 | −$245 (-11.2%) | −$175 (-8.2%) | $1,950 – $1,950 | 1 |
| 2BR | $2,295 | −$992 (-30.2%) | −$805 (-26.0%) | $2,295 – $2,295 | 1 |
| 2BR | $2,698 | −$589 (-17.9%) | −$402 (-13.0%) | $2,509 – $3,500 | 116 |
| 3BR | $5,250 | −$245 (-4.5%) | +$960 (+22.4%) | $4,393 – $5,790 | 19 |
| 3BR | $5,250 | −$245 (-4.5%) | +$960 (+22.4%) | $5,250 – $5,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — June 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,845 | $1,759 | +$86 (+4.9%) |
| Studio | $1,695 | $1,759 | −$64 (-3.6%) |
| 1BR | $2,175 | $2,100 | +$75 (+3.6%) |
| 1BR | $1,950 | $2,100 | −$150 (-7.1%) |
| 2BR | $2,295 | $2,885 | −$590 (-20.5%) |
| 2BR | $2,698 | $2,885 | −$187 (-6.5%) |
| 3BR | $5,250 | $3,900 | +$1,350 (+34.6%) |
| 3BR | $5,250 | $3,900 | +$1,350 (+34.6%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.