Monthly Rent Report
Burbank Rent Report — July 2024
Asking rents in ZIP 91506, Los Angeles, from 64 listings.
Median 1BR rent in Burbank was $1,995 in July 2024, down 7.2% (−$155) from June 2024 and down 9.3% year-over-year. The middle half of 1BR listings asked between $1,695 and $2,223. That puts Burbank $100 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 64 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,000 | +$73 (+3.8%) | +$200 (+11.1%) | $1,662 – $2,080 | 9 |
| Studio | $1,595 | −$332 (-17.3%) | −$205 (-11.4%) | $1,595 – $1,595 | 2 |
| 1BR | $1,995 | −$155 (-7.2%) | −$205 (-9.3%) | $1,695 – $2,223 | 11 |
| 1BR | $4,750 | +$2,600 (+120.9%) | +$2,550 (+115.9%) | $4,750 – $4,750 | 1 |
| 2BR | $2,850 | −$945 (-24.9%) | −$1,350 (-32.1%) | $2,850 – $2,850 | 1 |
| 2BR | $3,650 | −$145 (-3.8%) | −$550 (-13.1%) | $3,400 – $3,775 | 3 |
| 3BR | $5,895 | +$995 (+20.3%) | +$2,395 (+68.4%) | $5,895 – $5,895 | 1 |
| 3BR | $3,945 | −$955 (-19.5%) | +$445 (+12.7%) | $3,295 – $3,945 | 34 |
| 4BR | $7,200 | $0 (0.0%) | — | $7,200 – $7,200 | 1 |
| 4BR | $5,100 | −$2,100 (-29.2%) | — | $5,100 – $5,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — July 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,000 | $1,778 | +$222 (+12.5%) |
| Studio | $1,595 | $1,778 | −$183 (-10.3%) |
| 1BR | $1,995 | $2,095 | −$100 (-4.8%) |
| 1BR | $4,750 | $2,095 | +$2,655 (+126.7%) |
| 2BR | $2,850 | $2,835 | +$15 (+0.5%) |
| 2BR | $3,650 | $2,835 | +$815 (+28.7%) |
| 3BR | $5,895 | $3,900 | +$1,995 (+51.2%) |
| 3BR | $3,945 | $3,900 | +$45 (+1.2%) |
| 4BR | $7,200 | $5,270 | +$1,930 (+36.6%) |
| 4BR | $5,100 | $5,270 | −$170 (-3.2%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.