Monthly Rent Report
Burbank Rent Report — October 2024
Asking rents in ZIP 91502, Los Angeles, from 109 listings.
Median 1BR rent in Burbank was $1,595 in October 2024, down 22.2% (−$455) from September 2024 and down 13.8% year-over-year. The middle half of 1BR listings asked between $1,595 and $1,675. That puts Burbank $416 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 109 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$25 (-1.5%) | +$25 (+1.5%) | $1,650 – $1,650 | 1 |
| Studio | $1,795 | +$120 (+7.2%) | +$170 (+10.5%) | $1,795 – $1,795 | 2 |
| 1BR | $1,595 | −$455 (-22.2%) | −$255 (-13.8%) | $1,595 – $1,675 | 29 |
| 1BR | $1,850 | −$200 (-9.8%) | $0 (0.0%) | $1,850 – $1,850 | 2 |
| 2BR | $2,025 | −$12,225 (-85.8%) | −$425 (-17.3%) | $1,995 – $2,075 | 26 |
| 2BR | $2,595 | −$11,655 (-81.8%) | +$145 (+5.9%) | $2,595 – $2,595 | 1 |
| 3BR | $2,550 | −$450 (-15.0%) | $0 (0.0%) | $2,550 – $2,550 | 2 |
| 3BR | $3,000 | $0 (0.0%) | +$450 (+17.6%) | $2,995 – $3,000 | 46 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,700 | −$50 (-2.9%) |
| Studio | $1,795 | $1,700 | +$95 (+5.6%) |
| 1BR | $1,595 | $2,011 | −$416 (-20.7%) |
| 1BR | $1,850 | $2,011 | −$161 (-8.0%) |
| 2BR | $2,025 | $2,727 | −$702 (-25.7%) |
| 2BR | $2,595 | $2,727 | −$132 (-4.8%) |
| 3BR | $2,550 | $3,816 | −$1,266 (-33.2%) |
| 3BR | $3,000 | $3,816 | −$816 (-21.4%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.