Monthly Rent Report
Burbank Rent Report — June 2024
Asking rents in ZIP 91506, Los Angeles, from 233 listings.
Median 1BR rent in Burbank was $2,150 in June 2024, up 7.5% (+$150) from May 2024 and up 10.3% year-over-year. The middle half of 1BR listings asked between $2,150 and $2,150. That puts Burbank $50 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 233 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | +$450 (+30.0%) | +$425 (+27.9%) | $1,675 – $2,055 | 39 |
| Studio | $1,928 | +$428 (+28.5%) | +$403 (+26.4%) | $1,672 – $2,020 | 36 |
| 1BR | $2,150 | +$150 (+7.5%) | +$201 (+10.3%) | $2,150 – $2,150 | 1 |
| 1BR | $2,165 | +$165 (+8.3%) | +$216 (+11.1%) | $1,900 – $2,384 | 34 |
| 2BR | $3,795 | +$345 (+10.0%) | +$570 (+17.7%) | $2,800 – $3,895 | 37 |
| 2BR | $3,150 | −$300 (-8.7%) | −$75 (-2.3%) | $3,150 – $3,150 | 1 |
| 3BR | $4,900 | +$955 (+24.2%) | +$550 (+12.6%) | $4,900 – $4,900 | 1 |
| 3BR | $3,945 | $0 (0.0%) | −$405 (-9.3%) | $3,295 – $4,563 | 80 |
| 4BR | $7,200 | — | +$1,300 (+22.0%) | $7,200 – $7,200 | 1 |
| 4BR | $7,200 | — | +$1,300 (+22.0%) | $7,200 – $7,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — June 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $1,759 | +$191 (+10.9%) |
| Studio | $1,928 | $1,759 | +$169 (+9.6%) |
| 1BR | $2,150 | $2,100 | +$50 (+2.4%) |
| 1BR | $2,165 | $2,100 | +$65 (+3.1%) |
| 2BR | $3,795 | $2,885 | +$910 (+31.5%) |
| 2BR | $3,150 | $2,885 | +$265 (+9.2%) |
| 3BR | $4,900 | $3,900 | +$1,000 (+25.6%) |
| 3BR | $3,945 | $3,900 | +$45 (+1.2%) |
| 4BR | $7,200 | $5,000 | +$2,200 (+44.0%) |
| 4BR | $7,200 | $5,000 | +$2,200 (+44.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.