Monthly Rent Report
Burbank Rent Report — November 2024
Asking rents in ZIP 91502, Los Angeles, from 46 listings.
Median 1BR rent in Burbank was $2,850 in November 2024, up 54.1% (+$1,000) from October 2024 and up 11.3% year-over-year. The middle half of 1BR listings asked between $2,400 and $3,300. That puts Burbank $778 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 46 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$145 (-8.1%) | −$100 (-5.7%) | $1,650 – $1,650 | 1 |
| 1BR | $2,850 | +$1,000 (+54.1%) | +$290 (+11.3%) | $2,400 – $3,300 | 2 |
| 1BR | $1,725 | −$125 (-6.8%) | −$835 (-32.6%) | $1,725 – $4,380 | 13 |
| 2BR | $3,450 | +$855 (+32.9%) | +$700 (+25.5%) | $3,450 – $3,450 | 2 |
| 2BR | $2,575 | −$20 (-0.8%) | −$175 (-6.4%) | $2,450 – $3,188 | 22 |
| 3BR | $5,708 | +$2,708 (+90.3%) | +$292 (+5.4%) | $4,729 – $6,150 | 6 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — November 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,750 | −$100 (-5.7%) |
| 1BR | $2,850 | $2,073 | +$778 (+37.5%) |
| 1BR | $1,725 | $2,073 | −$347 (-16.8%) |
| 2BR | $3,450 | $2,850 | +$600 (+21.1%) |
| 2BR | $2,575 | $2,850 | −$275 (-9.6%) |
| 3BR | $5,708 | $3,895 | +$1,813 (+46.5%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.