Monthly Rent Report
Burbank Rent Report — June 2024
Asking rents in ZIP 91504, Los Angeles, from 277 listings.
Median 1BR rent in Burbank was $1,868 in June 2024, down 10.8% (−$227) from May 2024 and down 14.9% year-over-year. The middle half of 1BR listings asked between $1,868 and $1,868. That puts Burbank $232 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 277 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | +$55 (+3.2%) | −$45 (-2.5%) | $1,750 – $1,995 | 13 |
| Studio | $1,740 | +$45 (+2.7%) | −$55 (-3.1%) | $1,740 – $1,740 | 1 |
| 1BR | $1,868 | −$227 (-10.8%) | −$327 (-14.9%) | $1,868 – $1,868 | 2 |
| 1BR | $2,098 | +$3 (+0.1%) | −$97 (-4.4%) | $1,950 – $2,395 | 86 |
| 2BR | $3,299 | +$99 (+3.1%) | +$100 (+3.1%) | $2,858 – $3,850 | 98 |
| 2BR | $3,400 | +$200 (+6.3%) | +$201 (+6.3%) | $3,400 – $3,400 | 1 |
| 3BR | $3,388 | −$762 (-18.4%) | +$93 (+2.8%) | $3,295 – $5,200 | 52 |
| 3BR | $3,500 | −$650 (-15.7%) | +$205 (+6.2%) | $3,450 – $3,550 | 2 |
| 4BR | $9,500 | +$1,005 (+11.8%) | +$4,500 (+90.0%) | $9,500 – $9,748 | 3 |
| 4BR | $8,495 | $0 (0.0%) | +$3,495 (+69.9%) | $6,913 – $9,500 | 16 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — June 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,759 | −$9 (-0.5%) |
| Studio | $1,740 | $1,759 | −$19 (-1.1%) |
| 1BR | $1,868 | $2,100 | −$232 (-11.0%) |
| 1BR | $2,098 | $2,100 | −$2 (-0.1%) |
| 2BR | $3,299 | $2,885 | +$414 (+14.3%) |
| 2BR | $3,400 | $2,885 | +$515 (+17.9%) |
| 3BR | $3,388 | $3,900 | −$512 (-13.1%) |
| 3BR | $3,500 | $3,900 | −$400 (-10.3%) |
| 4BR | $9,500 | $5,000 | +$4,500 (+90.0%) |
| 4BR | $8,495 | $5,000 | +$3,495 (+69.9%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.