Monthly Rent Report
Burbank Rent Report — December 2024
Asking rents in ZIP 91504, Los Angeles, from 46 listings.
Median 1BR rent in Burbank was $2,350 in December 2024, up 4.4% (+$100) from November 2024 and up 34.3% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,900. That puts Burbank $283 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 46 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | −$205 (-11.4%) | −$67 (-4.0%) | $1,595 – $1,595 | 1 |
| Studio | $2,132 | +$332 (+18.4%) | +$470 (+28.3%) | $2,132 – $2,132 | 5 |
| 1BR | $2,350 | +$100 (+4.4%) | +$600 (+34.3%) | $1,995 – $2,900 | 11 |
| 1BR | $1,775 | −$475 (-21.1%) | +$25 (+1.4%) | $1,763 – $1,788 | 2 |
| 2BR | $2,175 | −$775 (-26.3%) | −$625 (-22.3%) | $2,175 – $2,175 | 1 |
| 2BR | $2,598 | −$352 (-11.9%) | −$202 (-7.2%) | $2,395 – $2,850 | 18 |
| 3BR | $3,195 | −$1,955 (-38.0%) | −$4,655 (-59.3%) | $3,195 – $3,948 | 3 |
| 3BR | $4,700 | −$450 (-8.7%) | −$3,150 (-40.1%) | $4,700 – $4,700 | 1 |
| 4BR | $4,850 | −$497 (-9.3%) | −$1,850 (-27.6%) | $4,850 – $4,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — December 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,725 | −$130 (-7.5%) |
| Studio | $2,132 | $1,725 | +$407 (+23.6%) |
| 1BR | $2,350 | $2,068 | +$283 (+13.7%) |
| 1BR | $1,775 | $2,068 | −$292 (-14.1%) |
| 2BR | $2,175 | $2,750 | −$575 (-20.9%) |
| 2BR | $2,598 | $2,750 | −$152 (-5.5%) |
| 3BR | $3,195 | $3,995 | −$800 (-20.0%) |
| 3BR | $4,700 | $3,995 | +$705 (+17.6%) |
| 4BR | $4,850 | $4,900 | −$50 (-1.0%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.