Monthly Rent Report
Burbank Rent Report — December 2024
Asking rents in ZIP 91506, Los Angeles, from 36 listings.
Median 1BR rent in Burbank was $1,895 in December 2024, down 24.0% (−$600) from November 2024 and up 13.1% year-over-year. The middle half of 1BR listings asked between $1,895 and $1,995. That puts Burbank $173 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 36 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | −$100 (-5.9%) | −$400 (-20.1%) | $1,595 – $1,850 | 9 |
| Studio | $1,595 | −$100 (-5.9%) | −$400 (-20.1%) | $1,595 – $1,595 | 1 |
| 1BR | $1,895 | −$600 (-24.0%) | +$220 (+13.1%) | $1,895 – $1,995 | 11 |
| 1BR | $1,850 | −$645 (-25.9%) | +$175 (+10.4%) | $1,850 – $1,850 | 1 |
| 2BR | $2,774 | +$79 (+2.9%) | +$524 (+23.3%) | $2,774 – $2,774 | 1 |
| 2BR | $3,450 | +$755 (+28.0%) | +$1,200 (+53.3%) | $2,800 – $4,000 | 5 |
| 3BR | $4,600 | −$975 (-17.5%) | +$50 (+1.1%) | $4,600 – $4,600 | 1 |
| 3BR | $4,913 | −$662 (-11.9%) | +$363 (+8.0%) | $4,250 – $6,494 | 6 |
| 4BR | $6,500 | +$1,400 (+27.5%) | +$1 (+0.0%) | $6,500 – $6,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Burbank vs. Los Angeles — December 2024
| Bedrooms | Burbank Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,725 | −$130 (-7.5%) |
| Studio | $1,595 | $1,725 | −$130 (-7.5%) |
| 1BR | $1,895 | $2,068 | −$172 (-8.3%) |
| 1BR | $1,850 | $2,068 | −$217 (-10.5%) |
| 2BR | $2,774 | $2,750 | +$24 (+0.9%) |
| 2BR | $3,450 | $2,750 | +$700 (+25.5%) |
| 3BR | $4,600 | $3,995 | +$605 (+15.1%) |
| 3BR | $4,913 | $3,995 | +$918 (+23.0%) |
| 4BR | $6,500 | $4,900 | +$1,600 (+32.7%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.