Monthly Rent Report
Burbank Rent Report — July 2024
Asking rents in ZIP 91505, Los Angeles, from 613 listings.
Median 1BR rent in Burbank was $1,886 in July 2024, up 9.3% (+$161) from June 2024 and down 14.1% year-over-year. The middle half of 1BR listings asked between $1,825 and $2,208. That puts Burbank $209 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 613 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,825 | −$70 (-3.7%) | +$675 (+58.7%) | $1,825 – $1,825 | 1 |
| Studio | $1,504 | −$391 (-20.6%) | +$354 (+30.8%) | $1,479 – $1,519 | 175 |
| 1BR | $1,886 | +$161 (+9.3%) | −$309 (-14.1%) | $1,825 – $2,208 | 135 |
| 1BR | $2,348 | +$623 (+36.1%) | +$153 (+6.9%) | $2,274 – $2,421 | 2 |
| 2BR | $3,136 | −$789 (-20.1%) | −$112 (-3.5%) | $2,455 – $5,009 | 190 |
| 2BR | $3,695 | −$229 (-5.8%) | +$447 (+13.8%) | $3,695 – $3,695 | 1 |
| 3BR | $3,495 | −$1,605 (-31.5%) | −$1,810 (-34.1%) | $3,495 – $3,495 | 1 |
| 3BR | $5,631 | +$531 (+10.4%) | +$326 (+6.1%) | $5,503 – $6,113 | 103 |
| 4BR | $6,495 | −$2,305 (-26.2%) | +$1,000 (+18.2%) | $6,495 – $6,495 | 1 |
| 4BR | $7,000 | −$1,800 (-20.5%) | +$1,505 (+27.4%) | $6,950 – $11,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — July 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,825 | $1,778 | +$47 (+2.6%) |
| Studio | $1,504 | $1,778 | −$274 (-15.4%) |
| 1BR | $1,886 | $2,095 | −$209 (-10.0%) |
| 1BR | $2,348 | $2,095 | +$253 (+12.1%) |
| 2BR | $3,136 | $2,835 | +$301 (+10.6%) |
| 2BR | $3,695 | $2,835 | +$860 (+30.3%) |
| 3BR | $3,495 | $3,900 | −$405 (-10.4%) |
| 3BR | $5,631 | $3,900 | +$1,731 (+44.4%) |
| 4BR | $6,495 | $5,270 | +$1,225 (+23.2%) |
| 4BR | $7,000 | $5,270 | +$1,730 (+32.8%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.