Monthly Rent Report
Burbank Rent Report — April 2024
Asking rents in ZIP 91506, Los Angeles, from 211 listings.
Median 1BR rent in Burbank was $2,095 in April 2024, up 23.2% (+$395) from March 2024 and up 6.2% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,095. That puts Burbank in line with the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 211 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,988 | +$315 (+18.8%) | −$7 (-0.4%) | $1,925 – $2,080 | 28 |
| Studio | $1,525 | −$148 (-8.8%) | −$470 (-23.6%) | $1,513 – $1,538 | 2 |
| 1BR | $2,095 | +$395 (+23.2%) | +$123 (+6.2%) | $2,095 – $2,095 | 1 |
| 1BR | $2,048 | +$348 (+20.4%) | +$75 (+3.8%) | $1,850 – $2,595 | 74 |
| 2BR | $2,800 | −$500 (-15.2%) | +$100 (+3.7%) | $2,495 – $3,500 | 47 |
| 2BR | $2,150 | −$1,150 (-34.8%) | −$550 (-20.4%) | $2,150 – $2,150 | 1 |
| 3BR | $3,945 | $0 (0.0%) | −$555 (-12.3%) | $3,500 – $5,500 | 57 |
| 3BR | $2,500 | −$1,445 (-36.6%) | −$2,000 (-44.4%) | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — April 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,988 | $1,795 | +$193 (+10.7%) |
| Studio | $1,525 | $1,795 | −$270 (-15.0%) |
| 1BR | $2,095 | $2,095 | $0 (0.0%) |
| 1BR | $2,048 | $2,095 | −$47 (-2.3%) |
| 2BR | $2,800 | $2,833 | −$33 (-1.2%) |
| 2BR | $2,150 | $2,833 | −$683 (-24.1%) |
| 3BR | $3,945 | $3,950 | −$5 (-0.1%) |
| 3BR | $2,500 | $3,950 | −$1,450 (-36.7%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.