Monthly Rent Report
Burbank Rent Report — April 2024
Asking rents in ZIP 91505, Los Angeles, from 568 listings.
Median 1BR rent in Burbank was $2,300 in April 2024, down 8.5% (−$212) from March 2024 and down 10.6% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,300. That puts Burbank $205 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 568 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,823 | −$22 (-1.2%) | −$135 (-6.9%) | $1,595 – $2,115 | 55 |
| Studio | $1,795 | −$50 (-2.7%) | −$163 (-8.3%) | $1,795 – $1,795 | 1 |
| 1BR | $2,300 | −$212 (-8.5%) | −$272 (-10.6%) | $2,300 – $2,300 | 1 |
| 1BR | $2,433 | −$79 (-3.2%) | −$139 (-5.4%) | $2,209 – $3,922 | 173 |
| 2BR | $3,000 | +$68 (+2.3%) | −$669 (-18.2%) | $3,000 – $3,000 | 1 |
| 2BR | $3,475 | +$543 (+18.5%) | −$194 (-5.3%) | $2,895 – $5,581 | 238 |
| 3BR | $4,000 | +$405 (+11.3%) | −$899 (-18.4%) | $4,000 – $4,000 | 1 |
| 3BR | $4,995 | +$1,400 (+38.9%) | +$96 (+1.9%) | $4,200 – $7,576 | 81 |
| 4BR | $5,700 | −$12,295 (-68.3%) | −$150 (-2.6%) | $5,550 – $6,000 | 9 |
| 4BR | $6,000 | −$11,995 (-66.7%) | +$150 (+2.6%) | $6,000 – $6,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — April 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,823 | $1,795 | +$28 (+1.6%) |
| Studio | $1,795 | $1,795 | $0 (0.0%) |
| 1BR | $2,300 | $2,095 | +$205 (+9.8%) |
| 1BR | $2,433 | $2,095 | +$338 (+16.1%) |
| 2BR | $3,000 | $2,833 | +$167 (+5.9%) |
| 2BR | $3,475 | $2,833 | +$642 (+22.7%) |
| 3BR | $4,000 | $3,950 | +$50 (+1.3%) |
| 3BR | $4,995 | $3,950 | +$1,045 (+26.5%) |
| 4BR | $5,700 | $4,999 | +$701 (+14.0%) |
| 4BR | $6,000 | $4,999 | +$1,001 (+20.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.