Monthly Rent Report
Burbank Rent Report — September 2024
Asking rents in ZIP 91504, Los Angeles, from 20 listings.
Median 1BR rent in Burbank was $3,248 in September 2024, up 62.8% (+$1,253) from August 2024 and up 62.8% year-over-year. The middle half of 1BR listings asked between $3,247 and $3,248. That puts Burbank $1,249 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 20 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | +$39 (+2.4%) | +$33 (+2.0%) | $1,695 – $1,695 | 1 |
| 1BR | $3,248 | +$1,253 (+62.8%) | +$1,253 (+62.8%) | $3,247 – $3,248 | 2 |
| 1BR | $1,900 | −$95 (-4.8%) | −$95 (-4.8%) | $1,900 – $1,900 | 1 |
| 2BR | $3,828 | +$1,133 (+42.0%) | +$428 (+12.6%) | $3,828 – $3,828 | 1 |
| 2BR | $2,400 | −$295 (-10.9%) | −$1,000 (-29.4%) | $2,400 – $2,400 | 1 |
| 3BR | $3,550 | −$50 (-1.4%) | +$255 (+7.7%) | $3,550 – $3,550 | 1 |
| 4BR | $6,250 | −$3,745 (-37.5%) | +$1,250 (+25.0%) | $5,495 – $7,750 | 12 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — September 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,755 | −$60 (-3.4%) |
| 1BR | $3,248 | $1,999 | +$1,249 (+62.5%) |
| 1BR | $1,900 | $1,999 | −$98 (-4.9%) |
| 2BR | $3,828 | $2,795 | +$1,033 (+37.0%) |
| 2BR | $2,400 | $2,795 | −$395 (-14.1%) |
| 3BR | $3,550 | $3,850 | −$300 (-7.8%) |
| 4BR | $6,250 | $4,995 | +$1,255 (+25.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.