Monthly Rent Report
Burbank Rent Report — February 2024
Asking rents in ZIP 91504, Los Angeles, from 186 listings.
Median 1BR rent in Burbank was $2,350 in February 2024, up 12.2% (+$255) from January 2024 and up 42.4% year-over-year. The middle half of 1BR listings asked between $2,350 and $2,350. That puts Burbank $155 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 186 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 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 | 2 |
| 1BR | $2,350 | +$255 (+12.2%) | +$700 (+42.4%) | $2,350 – $2,350 | 1 |
| 1BR | $2,149 | +$54 (+2.6%) | +$499 (+30.2%) | $1,995 – $2,325 | 55 |
| 2BR | $2,695 | $0 (0.0%) | +$400 (+17.4%) | $2,503 – $3,700 | 67 |
| 2BR | $2,425 | −$270 (-10.0%) | +$130 (+5.7%) | $2,413 – $2,438 | 2 |
| 3BR | $5,101 | −$199 (-3.8%) | +$839 (+19.7%) | $3,295 – $6,700 | 49 |
| 3BR | $4,399 | −$901 (-17.0%) | +$137 (+3.2%) | $4,399 – $4,399 | 1 |
| 4BR | $6,900 | +$1,400 (+25.5%) | −$1,600 (-18.8%) | $6,300 – $13,990 | 7 |
| 4BR | $6,900 | +$1,400 (+25.5%) | −$1,600 (-18.8%) | $6,900 – $6,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — February 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,662 | $1,750 | −$87 (-5.0%) |
| Studio | $1,662 | $1,750 | −$87 (-5.0%) |
| 1BR | $2,350 | $2,195 | +$155 (+7.1%) |
| 1BR | $2,149 | $2,195 | −$46 (-2.1%) |
| 2BR | $2,695 | $2,850 | −$155 (-5.4%) |
| 2BR | $2,425 | $2,850 | −$425 (-14.9%) |
| 3BR | $5,101 | $3,995 | +$1,106 (+27.7%) |
| 3BR | $4,399 | $3,995 | +$404 (+10.1%) |
| 4BR | $6,900 | $5,000 | +$1,900 (+38.0%) |
| 4BR | $6,900 | $5,000 | +$1,900 (+38.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.