Monthly Rent Report
Burbank Rent Report — October 2024
Asking rents in ZIP 91505, Los Angeles, from 60 listings.
Median 1BR rent in Burbank was $1,795 in October 2024, down 14.5% (−$305) from September 2024 and down 22.8% year-over-year. The middle half of 1BR listings asked between $1,710 and $2,767. That puts Burbank $216 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 60 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$172 (-9.5%) | $0 (0.0%) | $1,575 – $1,800 | 12 |
| Studio | $1,795 | −$27 (-1.5%) | +$145 (+8.8%) | $1,795 – $1,795 | 1 |
| 1BR | $1,795 | −$305 (-14.5%) | −$530 (-22.8%) | $1,710 – $2,767 | 11 |
| 1BR | $2,148 | +$48 (+2.3%) | −$177 (-7.6%) | $2,024 – $2,271 | 2 |
| 2BR | $3,300 | +$411 (+14.2%) | +$825 (+33.3%) | $2,425 – $4,963 | 22 |
| 2BR | $2,919 | +$30 (+1.0%) | +$444 (+17.9%) | $2,865 – $2,968 | 5 |
| 3BR | $4,700 | +$200 (+4.4%) | $0 (0.0%) | $4,700 – $4,700 | 2 |
| 3BR | $2,295 | −$2,205 (-49.0%) | −$2,405 (-51.2%) | $2,295 – $2,295 | 1 |
| 4BR | $5,000 | +$5 (+0.1%) | $0 (0.0%) | $5,000 – $5,000 | 1 |
| 4BR | $7,695 | +$2,700 (+54.1%) | +$2,695 (+53.9%) | $7,695 – $7,695 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,700 | −$50 (-2.9%) |
| Studio | $1,795 | $1,700 | +$95 (+5.6%) |
| 1BR | $1,795 | $2,011 | −$216 (-10.8%) |
| 1BR | $2,148 | $2,011 | +$136 (+6.8%) |
| 2BR | $3,300 | $2,727 | +$573 (+21.0%) |
| 2BR | $2,919 | $2,727 | +$192 (+7.0%) |
| 3BR | $4,700 | $3,816 | +$884 (+23.2%) |
| 3BR | $2,295 | $3,816 | −$1,521 (-39.9%) |
| 4BR | $5,000 | $5,225 | −$225 (-4.3%) |
| 4BR | $7,695 | $5,225 | +$2,470 (+47.3%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.