Monthly Rent Report
Burbank Rent Report — January 2024
Asking rents in ZIP 91505, Los Angeles, from 146 listings.
Median 1BR rent in Burbank was $2,195 in January 2024, down 3.8% (−$87) from December 2023 and unchanged year-over-year. The middle half of 1BR listings asked between $2,195 and $2,195. That puts Burbank $99 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 146 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | −$164 (-8.0%) | $0 (0.0%) | $1,895 – $1,895 | 1 |
| Studio | $2,009 | −$50 (-2.4%) | +$114 (+6.0%) | $1,709 – $2,155 | 14 |
| 1BR | $2,195 | −$87 (-3.8%) | $0 (0.0%) | $2,195 – $2,195 | 1 |
| 1BR | $2,400 | +$118 (+5.2%) | +$205 (+9.3%) | $2,292 – $4,111 | 44 |
| 2BR | $3,295 | +$267 (+8.8%) | +$200 (+6.5%) | $3,295 – $3,295 | 1 |
| 2BR | $3,400 | +$372 (+12.3%) | +$305 (+9.9%) | $2,695 – $5,140 | 59 |
| 3BR | $4,800 | +$550 (+12.9%) | −$697 (-12.7%) | $4,200 – $7,482 | 21 |
| 3BR | $4,900 | +$650 (+15.3%) | −$597 (-10.9%) | $4,350 – $5,450 | 2 |
| 4BR | $5,225 | — | −$5,675 (-52.1%) | $5,088 – $5,363 | 2 |
| 4BR | $6,000 | — | −$4,900 (-45.0%) | $6,000 – $6,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — January 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,750 | +$145 (+8.3%) |
| Studio | $2,009 | $1,750 | +$259 (+14.8%) |
| 1BR | $2,195 | $2,097 | +$99 (+4.7%) |
| 1BR | $2,400 | $2,097 | +$304 (+14.5%) |
| 2BR | $3,295 | $2,795 | +$500 (+17.9%) |
| 2BR | $3,400 | $2,795 | +$605 (+21.6%) |
| 3BR | $4,800 | $3,950 | +$850 (+21.5%) |
| 3BR | $4,900 | $3,950 | +$950 (+24.1%) |
| 4BR | $5,225 | $5,200 | +$25 (+0.5%) |
| 4BR | $6,000 | $5,200 | +$800 (+15.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.