Monthly Rent Report
Burbank Rent Report — June 2024
Asking rents in ZIP 91505, Los Angeles, from 665 listings.
Median 1BR rent in Burbank was $1,725 in June 2024, down 32.1% (−$814) from May 2024 and down 21.5% year-over-year. The middle half of 1BR listings asked between $1,725 and $1,725. That puts Burbank $375 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 665 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,847 | −$6 (-0.3%) | +$22 (+1.2%) | $1,527 – $1,950 | 98 |
| Studio | $1,895 | +$42 (+2.3%) | +$70 (+3.8%) | $1,895 – $1,895 | 1 |
| 1BR | $1,725 | −$814 (-32.1%) | −$472 (-21.5%) | $1,725 – $1,725 | 6 |
| 1BR | $2,400 | −$139 (-5.5%) | +$203 (+9.2%) | $2,400 – $2,400 | 1 |
| 2BR | $3,250 | −$3,550 (-52.2%) | −$119 (-3.5%) | $3,250 – $3,250 | 1 |
| 2BR | $3,925 | −$2,875 (-42.3%) | +$556 (+16.5%) | $2,735 – $5,385 | 352 |
| 3BR | $5,100 | −$850 (-14.3%) | +$425 (+9.1%) | $5,100 – $5,100 | 1 |
| 3BR | $6,265 | +$315 (+5.3%) | +$1,590 (+34.0%) | $5,000 – $6,750 | 195 |
| 4BR | $8,800 | +$2,300 (+35.4%) | +$3,405 (+63.1%) | $7,000 – $8,800 | 5 |
| 4BR | $8,800 | +$2,300 (+35.4%) | +$3,405 (+63.1%) | $7,000 – $8,800 | 5 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — June 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,847 | $1,759 | +$88 (+5.0%) |
| Studio | $1,895 | $1,759 | +$136 (+7.7%) |
| 1BR | $1,725 | $2,100 | −$375 (-17.9%) |
| 1BR | $2,400 | $2,100 | +$300 (+14.3%) |
| 2BR | $3,250 | $2,885 | +$365 (+12.7%) |
| 2BR | $3,925 | $2,885 | +$1,040 (+36.0%) |
| 3BR | $5,100 | $3,900 | +$1,200 (+30.8%) |
| 3BR | $6,265 | $3,900 | +$2,365 (+60.6%) |
| 4BR | $8,800 | $5,000 | +$3,800 (+76.0%) |
| 4BR | $8,800 | $5,000 | +$3,800 (+76.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.