Monthly Rent Report
Burbank Rent Report — November 2024
Asking rents in ZIP 91504, Los Angeles, from 24 listings.
Median 1BR rent in Burbank was $2,250 in November 2024, up 22.0% (+$405) from October 2024 and down 13.5% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,250. That puts Burbank $178 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 24 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$5 (+0.3%) | +$105 (+6.2%) | $1,738 – $2,257 | 4 |
| 1BR | $2,250 | +$405 (+22.0%) | −$350 (-13.5%) | $2,250 – $2,250 | 1 |
| 2BR | $2,175 | −$1,075 (-33.1%) | −$812 (-27.2%) | $2,175 – $2,175 | 1 |
| 2BR | $2,950 | −$300 (-9.2%) | −$37 (-1.3%) | $2,700 – $2,950 | 3 |
| 3BR | $5,150 | +$2,000 (+63.5%) | +$700 (+15.7%) | $4,650 – $5,500 | 8 |
| 4BR | $5,348 | −$104 (-1.9%) | −$1,152 (-17.7%) | $5,210 – $6,399 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — November 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,750 | +$50 (+2.9%) |
| 1BR | $2,250 | $2,073 | +$178 (+8.6%) |
| 2BR | $2,175 | $2,850 | −$675 (-23.7%) |
| 2BR | $2,950 | $2,850 | +$100 (+3.5%) |
| 3BR | $5,150 | $3,895 | +$1,255 (+32.2%) |
| 4BR | $5,348 | $5,220 | +$128 (+2.5%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.