Monthly Rent Report
Burbank Rent Report — February 2024
Asking rents in ZIP 91505, Los Angeles, from 441 listings.
Median 1BR rent in Burbank was $2,289 in February 2024, up 4.3% (+$94) from January 2024 and up 0.8% year-over-year. The middle half of 1BR listings asked between $2,229 and $2,348. That puts Burbank $94 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 441 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | $0 (0.0%) | +$195 (+11.5%) | $1,695 – $2,195 | 9 |
| Studio | $2,039 | +$144 (+7.6%) | +$339 (+19.9%) | $1,750 – $2,188 | 60 |
| 1BR | $2,289 | +$94 (+4.3%) | +$19 (+0.8%) | $2,229 – $2,348 | 2 |
| 1BR | $2,325 | +$130 (+5.9%) | +$55 (+2.4%) | $2,100 – $2,624 | 119 |
| 2BR | $4,500 | +$1,100 (+32.4%) | +$1,583 (+54.2%) | $4,500 – $4,500 | 1 |
| 2BR | $3,495 | +$95 (+2.8%) | +$578 (+19.8%) | $3,009 – $4,984 | 158 |
| 3BR | $4,200 | −$600 (-12.5%) | +$205 (+5.1%) | $4,200 – $4,200 | 1 |
| 3BR | $4,835 | +$35 (+0.7%) | +$840 (+21.0%) | $4,250 – $6,500 | 72 |
| 4BR | $7,500 | +$1,500 (+25.0%) | +$1,550 (+26.1%) | $7,000 – $8,000 | 18 |
| 4BR | $8,000 | +$2,000 (+33.3%) | +$2,050 (+34.5%) | $8,000 – $8,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — February 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,750 | +$146 (+8.3%) |
| Studio | $2,039 | $1,750 | +$290 (+16.5%) |
| 1BR | $2,289 | $2,195 | +$94 (+4.3%) |
| 1BR | $2,325 | $2,195 | +$130 (+5.9%) |
| 2BR | $4,500 | $2,850 | +$1,650 (+57.9%) |
| 2BR | $3,495 | $2,850 | +$645 (+22.6%) |
| 3BR | $4,200 | $3,995 | +$205 (+5.1%) |
| 3BR | $4,835 | $3,995 | +$840 (+21.0%) |
| 4BR | $7,500 | $5,000 | +$2,500 (+50.0%) |
| 4BR | $8,000 | $5,000 | +$3,000 (+60.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.