Monthly Rent Report
Burbank Rent Report — July 2024
Asking rents in ZIP 91502, Los Angeles, from 113 listings.
Median 1BR rent in Burbank was $1,895 in July 2024, down 12.9% (−$280) from June 2024 and down 10.3% year-over-year. The middle half of 1BR listings asked between $1,895 and $1,895. That puts Burbank $200 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 113 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,748 | −$97 (-5.3%) | +$248 (+16.5%) | $1,674 – $1,821 | 2 |
| Studio | $1,505 | −$340 (-18.5%) | +$5 (+0.3%) | $1,454 – $1,555 | 2 |
| 1BR | $1,895 | −$280 (-12.9%) | −$217 (-10.3%) | $1,895 – $1,895 | 2 |
| 1BR | $2,200 | +$25 (+1.1%) | +$88 (+4.1%) | $2,200 – $2,200 | 1 |
| 2BR | $2,950 | +$253 (+9.4%) | −$110 (-3.6%) | $2,950 – $2,950 | 1 |
| 2BR | $2,510 | −$187 (-7.0%) | −$550 (-18.0%) | $2,505 – $2,615 | 82 |
| 3BR | $4,623 | −$627 (-12.0%) | −$3,052 (-39.8%) | $3,105 – $6,050 | 16 |
| 3BR | $3,130 | −$2,120 (-40.4%) | −$4,545 (-59.2%) | $3,118 – $3,200 | 7 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — July 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,748 | $1,778 | −$31 (-1.7%) |
| Studio | $1,505 | $1,778 | −$274 (-15.4%) |
| 1BR | $1,895 | $2,095 | −$200 (-9.5%) |
| 1BR | $2,200 | $2,095 | +$105 (+5.0%) |
| 2BR | $2,950 | $2,835 | +$115 (+4.1%) |
| 2BR | $2,510 | $2,835 | −$325 (-11.5%) |
| 3BR | $4,623 | $3,900 | +$723 (+18.5%) |
| 3BR | $3,130 | $3,900 | −$770 (-19.7%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.