Monthly Rent Report
Burbank Rent Report — September 2024
Asking rents in ZIP 91506, Los Angeles, from 11 listings.
Median 1BR rent in Burbank was $1,700 in September 2024, down 8.1% (−$150) from August 2024 and down 5.6% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Burbank $299 below the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 11 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | +$195 (+13.0%) | −$385 (-18.5%) | $1,695 – $1,695 | 1 |
| 1BR | $1,700 | −$150 (-8.1%) | −$100 (-5.6%) | $1,700 – $1,700 | 1 |
| 2BR | $2,995 | −$955 (-24.2%) | +$695 (+30.2%) | $2,771 – $3,070 | 4 |
| 3BR | $3,200 | −$1,795 (-35.9%) | −$745 (-18.9%) | $3,200 – $3,200 | 1 |
| 4BR | $5,100 | −$1,072 (-17.4%) | +$600 (+13.3%) | $5,100 – $5,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — September 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,755 | −$60 (-3.4%) |
| 1BR | $1,700 | $1,999 | −$298 (-14.9%) |
| 2BR | $2,995 | $2,795 | +$200 (+7.2%) |
| 3BR | $3,200 | $3,850 | −$650 (-16.9%) |
| 4BR | $5,100 | $4,995 | +$105 (+2.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.