Monthly Rent Report
Burbank Rent Report — January 2024
Asking rents in ZIP 91506, Los Angeles, from 58 listings.
Median 1BR rent in Burbank was $1,995 in January 2024, up 19.1% (+$320) from December 2023 and up 20.9% year-over-year. The middle half of 1BR listings asked between $1,881 and $2,281. That puts Burbank $102 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 58 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | −$45 (-2.3%) | $0 (0.0%) | $1,950 – $1,950 | 1 |
| Studio | $1,795 | −$200 (-10.0%) | −$155 (-7.9%) | $1,659 – $1,944 | 8 |
| 1BR | $1,995 | +$320 (+19.1%) | +$345 (+20.9%) | $1,881 – $2,281 | 16 |
| 1BR | $1,996 | +$321 (+19.2%) | +$346 (+21.0%) | $1,996 – $1,996 | 1 |
| 2BR | $3,995 | +$1,745 (+77.6%) | +$95 (+2.4%) | $3,995 – $3,995 | 1 |
| 2BR | $2,350 | +$100 (+4.4%) | −$1,550 (-39.7%) | $2,094 – $3,221 | 12 |
| 3BR | $3,945 | −$605 (-13.3%) | −$1,555 (-28.3%) | $3,346 – $4,613 | 14 |
| 3BR | $5,450 | +$900 (+19.8%) | −$50 (-0.9%) | $5,450 – $5,450 | 1 |
| 4BR | $14,500 | +$8,001 (+123.1%) | — | $14,500 – $14,500 | 3 |
| 4BR | $14,500 | +$8,001 (+123.1%) | — | $14,500 – $14,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — January 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $1,750 | +$200 (+11.4%) |
| Studio | $1,795 | $1,750 | +$45 (+2.6%) |
| 1BR | $1,995 | $2,097 | −$101 (-4.8%) |
| 1BR | $1,996 | $2,097 | −$100 (-4.8%) |
| 2BR | $3,995 | $2,795 | +$1,200 (+42.9%) |
| 2BR | $2,350 | $2,795 | −$445 (-15.9%) |
| 3BR | $3,945 | $3,950 | −$5 (-0.1%) |
| 3BR | $5,450 | $3,950 | +$1,500 (+38.0%) |
| 4BR | $14,500 | $5,200 | +$9,300 (+178.8%) |
| 4BR | $14,500 | $5,200 | +$9,300 (+178.8%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.