Monthly Rent Report
Burbank Rent Report — January 2024
Asking rents in ZIP 91504, Los Angeles, from 115 listings.
Median 1BR rent in Burbank was $2,095 in January 2024, up 19.7% (+$345) from December 2023 and up 1.0% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,500. That puts Burbank in line with the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 115 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,662 | $0 (0.0%) | — | $1,662 – $1,662 | 1 |
| Studio | $1,662 | $0 (0.0%) | — | $1,662 – $1,662 | 1 |
| 1BR | $2,095 | +$345 (+19.7%) | +$20 (+1.0%) | $1,995 – $2,500 | 41 |
| 1BR | $1,800 | +$50 (+2.9%) | −$275 (-13.3%) | $1,775 – $1,825 | 2 |
| 2BR | $2,400 | −$390 (-14.0%) | −$1,095 (-31.3%) | $2,400 – $2,400 | 1 |
| 2BR | $2,695 | −$95 (-3.4%) | −$800 (-22.9%) | $2,625 – $2,975 | 49 |
| 3BR | $4,200 | −$3,650 (-46.5%) | −$3,300 (-44.0%) | $3,295 – $6,300 | 15 |
| 3BR | $5,300 | −$2,550 (-32.5%) | −$2,200 (-29.3%) | $5,300 – $5,300 | 1 |
| 4BR | $6,100 | −$600 (-9.0%) | −$1,400 (-18.7%) | $6,100 – $6,100 | 3 |
| 4BR | $5,500 | −$1,200 (-17.9%) | −$2,000 (-26.7%) | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — January 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,662 | $1,750 | −$88 (-5.0%) |
| Studio | $1,662 | $1,750 | −$88 (-5.0%) |
| 1BR | $2,095 | $2,097 | −$1 (-0.1%) |
| 1BR | $1,800 | $2,097 | −$296 (-14.1%) |
| 2BR | $2,400 | $2,795 | −$395 (-14.1%) |
| 2BR | $2,695 | $2,795 | −$100 (-3.6%) |
| 3BR | $4,200 | $3,950 | +$250 (+6.3%) |
| 3BR | $5,300 | $3,950 | +$1,350 (+34.2%) |
| 4BR | $6,100 | $5,200 | +$900 (+17.3%) |
| 4BR | $5,500 | $5,200 | +$300 (+5.8%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.