Monthly Rent Report
Burbank Rent Report — October 2024
Asking rents in ZIP 91506, Los Angeles, from 39 listings.
Median 1BR rent in Burbank was $1,688 in October 2024, down 0.7% (−$12) from September 2024 and down 15.6% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,831. That puts Burbank $324 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 39 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | −$400 (-23.6%) | −$700 (-35.1%) | $1,295 – $1,445 | 11 |
| Studio | $1,605 | −$90 (-5.3%) | −$390 (-19.5%) | $1,605 – $1,605 | 1 |
| 1BR | $1,688 | −$12 (-0.7%) | −$312 (-15.6%) | $1,550 – $1,831 | 12 |
| 1BR | $1,500 | −$200 (-11.8%) | −$500 (-25.0%) | $1,500 – $1,500 | 1 |
| 2BR | $2,995 | $0 (0.0%) | +$395 (+15.2%) | $2,195 – $3,245 | 9 |
| 2BR | $2,654 | −$341 (-11.4%) | +$54 (+2.1%) | $2,654 – $2,654 | 1 |
| 3BR | $5,200 | +$2,000 (+62.5%) | −$400 (-7.1%) | $5,200 – $5,200 | 1 |
| 4BR | $6,300 | +$1,200 (+23.5%) | −$8,200 (-56.6%) | $5,700 – $6,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — October 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,700 | −$405 (-23.8%) |
| Studio | $1,605 | $1,700 | −$95 (-5.6%) |
| 1BR | $1,688 | $2,011 | −$324 (-16.1%) |
| 1BR | $1,500 | $2,011 | −$511 (-25.4%) |
| 2BR | $2,995 | $2,727 | +$268 (+9.8%) |
| 2BR | $2,654 | $2,727 | −$73 (-2.7%) |
| 3BR | $5,200 | $3,816 | +$1,384 (+36.3%) |
| 4BR | $6,300 | $5,225 | +$1,075 (+20.6%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.