Monthly Rent Report
Burbank Rent Report — March 2024
Asking rents in ZIP 91505, Los Angeles, from 490 listings.
Median 1BR rent in Burbank was $2,513 in March 2024, up 9.8% (+$224) from February 2024 and up 3.6% year-over-year. The middle half of 1BR listings asked between $2,356 and $2,669. That puts Burbank $368 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 490 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,970 | +$75 (+4.0%) | +$130 (+7.1%) | $1,746 – $2,164 | 48 |
| Studio | $1,845 | −$50 (-2.6%) | +$5 (+0.3%) | $1,820 – $1,870 | 2 |
| 1BR | $2,513 | +$224 (+9.8%) | +$88 (+3.6%) | $2,356 – $2,669 | 2 |
| 1BR | $3,981 | +$1,693 (+74.0%) | +$1,557 (+64.2%) | $2,295 – $4,280 | 160 |
| 2BR | $4,971 | +$471 (+10.5%) | +$1,472 (+42.1%) | $2,950 – $5,287 | 187 |
| 2BR | $2,932 | −$1,568 (-34.8%) | −$567 (-16.2%) | $2,850 – $3,184 | 4 |
| 3BR | $3,595 | −$605 (-14.4%) | −$1,400 (-28.0%) | $3,595 – $3,595 | 1 |
| 3BR | $6,338 | +$2,138 (+50.9%) | +$1,343 (+26.9%) | $4,500 – $8,643 | 72 |
| 4BR | $17,995 | +$9,995 (+124.9%) | +$12,045 (+202.4%) | $17,496 – $17,995 | 8 |
| 4BR | $17,995 | +$9,995 (+124.9%) | +$12,045 (+202.4%) | $10,124 – $17,995 | 6 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — March 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,970 | $1,723 | +$248 (+14.4%) |
| Studio | $1,845 | $1,723 | +$123 (+7.1%) |
| 1BR | $2,513 | $2,145 | +$368 (+17.1%) |
| 1BR | $3,981 | $2,145 | +$1,836 (+85.6%) |
| 2BR | $4,971 | $2,850 | +$2,121 (+74.4%) |
| 2BR | $2,932 | $2,850 | +$82 (+2.9%) |
| 3BR | $3,595 | $3,762 | −$167 (-4.4%) |
| 3BR | $6,338 | $3,762 | +$2,576 (+68.5%) |
| 4BR | $17,995 | $4,950 | +$13,045 (+263.5%) |
| 4BR | $17,995 | $4,950 | +$13,045 (+263.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.