Monthly Rent Report
Burbank Rent Report — December 2024
Asking rents in ZIP 91502, Los Angeles, from 37 listings.
Median 1BR rent in Burbank was $1,850 in December 2024, up 7.2% (+$125) from November 2024 and down 2.6% year-over-year. The middle half of 1BR listings asked between $1,773 and $1,863. That puts Burbank $218 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 37 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,663 | +$13 (+0.8%) | −$12 (-0.7%) | $1,631 – $1,694 | 2 |
| Studio | $1,725 | +$75 (+4.5%) | +$50 (+3.0%) | $1,725 – $1,725 | 1 |
| 1BR | $1,850 | +$125 (+7.2%) | −$50 (-2.6%) | $1,773 – $1,863 | 3 |
| 1BR | $1,895 | +$170 (+9.9%) | −$5 (-0.3%) | $1,850 – $1,911 | 9 |
| 2BR | $2,550 | −$25 (-1.0%) | $0 (0.0%) | $2,500 – $3,295 | 13 |
| 2BR | $2,395 | −$180 (-7.0%) | −$155 (-6.1%) | $2,395 – $2,395 | 1 |
| 3BR | $6,100 | +$392 (+6.9%) | +$308 (+5.3%) | $5,854 – $6,233 | 4 |
| 3BR | $6,100 | +$392 (+6.9%) | +$308 (+5.3%) | $5,854 – $6,233 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — December 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,663 | $1,725 | −$62 (-3.6%) |
| Studio | $1,725 | $1,725 | $0 (0.0%) |
| 1BR | $1,850 | $2,068 | −$217 (-10.5%) |
| 1BR | $1,895 | $2,068 | −$172 (-8.3%) |
| 2BR | $2,550 | $2,750 | −$200 (-7.3%) |
| 2BR | $2,395 | $2,750 | −$355 (-12.9%) |
| 3BR | $6,100 | $3,995 | +$2,105 (+52.7%) |
| 3BR | $6,100 | $3,995 | +$2,105 (+52.7%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.