Monthly Rent Report
Burbank Rent Report — August 2024
Asking rents in ZIP 91504, Los Angeles, from 29 listings.
Median 1BR rent in Burbank was $1,995 in August 2024, up 12.4% (+$220) from July 2024 and up 14.3% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Burbank $100 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 29 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,656 | +$156 (+10.4%) | −$69 (-4.0%) | $1,500 – $1,695 | 14 |
| 1BR | $1,995 | +$220 (+12.4%) | +$250 (+14.3%) | $1,995 – $1,995 | 1 |
| 2BR | $2,695 | −$1,151 (-29.9%) | −$517 (-16.1%) | $2,695 – $2,695 | 1 |
| 3BR | $3,600 | +$305 (+9.3%) | +$105 (+3.0%) | $3,600 – $3,600 | 1 |
| 4BR | $9,995 | +$3,996 (+66.6%) | +$5,595 (+127.2%) | $8,625 – $9,995 | 8 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — August 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,656 | $1,750 | −$94 (-5.4%) |
| 1BR | $1,995 | $2,095 | −$100 (-4.8%) |
| 2BR | $2,695 | $2,795 | −$100 (-3.6%) |
| 3BR | $3,600 | $4,000 | −$400 (-10.0%) |
| 4BR | $9,995 | $4,895 | +$5,100 (+104.2%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.