Monthly Rent Report
Burbank Rent Report — July 2024
Asking rents in ZIP 91504, Los Angeles, from 65 listings.
Median 1BR rent in Burbank was $2,392 in July 2024, up 14.0% (+$295) from June 2024 and up 5.1% year-over-year. The middle half of 1BR listings asked between $2,125 and $2,623. That puts Burbank $297 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 65 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,572 | +$822 (+47.0%) | +$472 (+22.5%) | $2,284 – $2,861 | 2 |
| Studio | $1,500 | −$250 (-14.3%) | −$600 (-28.6%) | $1,500 – $1,500 | 1 |
| 1BR | $2,392 | +$295 (+14.0%) | +$117 (+5.1%) | $2,125 – $2,623 | 23 |
| 1BR | $1,775 | −$322 (-15.4%) | −$500 (-22.0%) | $1,738 – $1,835 | 3 |
| 2BR | $3,847 | +$548 (+16.6%) | +$525 (+15.8%) | $3,828 – $3,865 | 2 |
| 2BR | $2,850 | −$448 (-13.6%) | −$472 (-14.2%) | $2,825 – $3,675 | 3 |
| 3BR | $4,200 | +$813 (+24.0%) | +$2,200 (+110.0%) | $4,200 – $4,200 | 1 |
| 3BR | $3,295 | −$92 (-2.7%) | +$1,295 (+64.8%) | $3,295 – $4,150 | 20 |
| 4BR | $9,500 | $0 (0.0%) | +$4,553 (+92.0%) | $8,495 – $9,500 | 5 |
| 4BR | $5,999 | −$3,501 (-36.9%) | +$1,052 (+21.3%) | $5,999 – $5,999 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — July 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,572 | $1,778 | +$794 (+44.6%) |
| Studio | $1,500 | $1,778 | −$278 (-15.6%) |
| 1BR | $2,392 | $2,095 | +$297 (+14.2%) |
| 1BR | $1,775 | $2,095 | −$320 (-15.3%) |
| 2BR | $3,847 | $2,835 | +$1,012 (+35.7%) |
| 2BR | $2,850 | $2,835 | +$15 (+0.5%) |
| 3BR | $4,200 | $3,900 | +$300 (+7.7%) |
| 3BR | $3,295 | $3,900 | −$605 (-15.5%) |
| 4BR | $9,500 | $5,270 | +$4,230 (+80.3%) |
| 4BR | $5,999 | $5,270 | +$729 (+13.8%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.