Monthly Rent Report

Burbank Rent Report — December 2024

Asking rents in ZIP 91505, Los Angeles, from 73 listings.

Median 1BR rent in Burbank was $2,350 in December 2024, up 27.0% (+$500) from November 2024 and up 26.3% year-over-year. The middle half of 1BR listings asked between $1,994 and $2,661. That puts Burbank $283 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 73 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2024Vs. December 2023P25–P75 RangeListings
Studio$2,100+$901 (+75.1%)+$41 (+2.0%)$1,869 – $2,33610
Studio$1,954+$755 (+62.9%)−$105 (-5.1%)$1,924 – $1,9832
1BR$2,350+$500 (+27.0%)+$490 (+26.3%)$1,994 – $2,66124
1BR$2,407+$557 (+30.1%)+$547 (+29.4%)$2,372 – $2,4422
2BR$2,985+$163 (+5.8%)−$515 (-14.7%)$2,985 – $2,9851
2BR$3,300+$478 (+16.9%)−$200 (-5.7%)$2,895 – $3,76311
3BR$4,550+$250 (+5.8%)+$955 (+26.6%)$4,500 – $4,86310
3BR$4,750+$450 (+10.5%)+$1,155 (+32.1%)$4,750 – $4,7501
4BR$7,995−$1,995 (-20.0%)$5,675 – $10,9808

Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.

Burbank vs. Los AngelesDecember 2024

BedroomsBurbank MedianLos Angeles Citywide MedianDifference
Studio$2,100$1,725+$375 (+21.7%)
Studio$1,954$1,725+$229 (+13.2%)
1BR$2,350$2,068+$283 (+13.7%)
1BR$2,407$2,068+$340 (+16.4%)
2BR$2,985$2,750+$235 (+8.5%)
2BR$3,300$2,750+$550 (+20.0%)
3BR$4,550$3,995+$555 (+13.9%)
3BR$4,750$3,995+$755 (+18.9%)
4BR$7,995$4,900+$3,095 (+63.2%)

Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.

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