Monthly Rent Report
Burbank Rent Report — February 2024
Asking rents in ZIP 91506, Los Angeles, from 168 listings.
Median 1BR rent in Burbank was $2,295 in February 2024, up 15.0% (+$299) from January 2024 and down 21.0% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,850. That puts Burbank $100 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 168 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,863 | −$87 (-4.5%) | −$687 (-27.0%) | $1,695 – $1,961 | 30 |
| Studio | $1,550 | −$400 (-20.5%) | −$1,000 (-39.2%) | $1,550 – $1,550 | 1 |
| 1BR | $2,295 | +$299 (+15.0%) | −$610 (-21.0%) | $1,995 – $2,850 | 51 |
| 1BR | $2,273 | +$277 (+13.9%) | −$632 (-21.8%) | $2,261 – $2,284 | 2 |
| 2BR | $2,395 | +$45 (+1.9%) | −$805 (-25.2%) | $2,395 – $2,395 | 4 |
| 2BR | $2,525 | +$175 (+7.4%) | −$675 (-21.1%) | $2,395 – $2,595 | 24 |
| 3BR | $3,945 | $0 (0.0%) | −$1,355 (-25.6%) | $3,295 – $4,788 | 48 |
| 3BR | $3,900 | −$45 (-1.1%) | −$1,400 (-26.4%) | $3,900 – $3,900 | 1 |
| 4BR | $5,000 | −$9,500 (-65.5%) | −$9,500 (-65.5%) | $5,000 – $5,000 | 6 |
| 4BR | $5,000 | −$9,500 (-65.5%) | −$9,500 (-65.5%) | $5,000 – $5,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — February 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,863 | $1,750 | +$113 (+6.5%) |
| Studio | $1,550 | $1,750 | −$199 (-11.4%) |
| 1BR | $2,295 | $2,195 | +$100 (+4.6%) |
| 1BR | $2,273 | $2,195 | +$78 (+3.5%) |
| 2BR | $2,395 | $2,850 | −$455 (-16.0%) |
| 2BR | $2,525 | $2,850 | −$325 (-11.4%) |
| 3BR | $3,945 | $3,995 | −$50 (-1.3%) |
| 3BR | $3,900 | $3,995 | −$95 (-2.4%) |
| 4BR | $5,000 | $5,000 | $0 (0.0%) |
| 4BR | $5,000 | $5,000 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.