Monthly Rent Report
Burbank Rent Report — October 2024
Asking rents in ZIP 91504, Los Angeles, from 57 listings.
Median 1BR rent in Burbank was $1,845 in October 2024, down 43.2% (−$1,402) from September 2024 and down 7.5% year-over-year. The middle half of 1BR listings asked between $1,820 and $1,870. That puts Burbank $166 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 57 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | +$100 (+5.9%) | +$295 (+19.7%) | $1,795 – $1,795 | 1 |
| Studio | $1,795 | +$100 (+5.9%) | +$295 (+19.7%) | $1,795 – $1,795 | 1 |
| 1BR | $1,845 | −$1,402 (-43.2%) | −$150 (-7.5%) | $1,820 – $1,870 | 2 |
| 1BR | $1,795 | −$1,452 (-44.7%) | −$200 (-10.0%) | $1,695 – $2,196 | 9 |
| 2BR | $3,250 | −$578 (-15.1%) | +$50 (+1.6%) | $3,250 – $3,250 | 1 |
| 2BR | $2,300 | −$1,528 (-39.9%) | −$900 (-28.1%) | $2,045 – $2,895 | 12 |
| 3BR | $3,150 | −$400 (-11.3%) | −$1,350 (-30.0%) | $3,150 – $4,300 | 3 |
| 3BR | $5,175 | +$1,625 (+45.8%) | +$675 (+15.0%) | $3,474 – $6,200 | 18 |
| 4BR | $5,452 | −$798 (-12.8%) | +$952 (+21.1%) | $5,374 – $6,874 | 8 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,700 | +$95 (+5.6%) |
| Studio | $1,795 | $1,700 | +$95 (+5.6%) |
| 1BR | $1,845 | $2,011 | −$166 (-8.3%) |
| 1BR | $1,795 | $2,011 | −$216 (-10.8%) |
| 2BR | $3,250 | $2,727 | +$523 (+19.2%) |
| 2BR | $2,300 | $2,727 | −$427 (-15.7%) |
| 3BR | $3,150 | $3,816 | −$666 (-17.5%) |
| 3BR | $5,175 | $3,816 | +$1,359 (+35.6%) |
| 4BR | $5,452 | $5,225 | +$227 (+4.3%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.