Monthly Rent Report
Hollywood Rent Report — February 2023
Asking rents in ZIP 90028, Los Angeles, from 874 listings.
Median 1BR rent in Hollywood was $1,920 in February 2023, down 4.6% (−$92) from January 2023 and down 23.2% year-over-year. The middle half of 1BR listings asked between $1,920 and $1,920. That puts Hollywood $205 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 874 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,679 | −$540 (-24.3%) | +$284 (+20.4%) | $1,679 – $1,679 | 1 |
| Studio | $2,040 | −$179 (-8.1%) | +$645 (+46.2%) | $1,650 – $2,400 | 202 |
| 1BR | $1,920 | −$92 (-4.6%) | −$580 (-23.2%) | $1,920 – $1,920 | 1 |
| 1BR | $2,730 | +$718 (+35.7%) | +$230 (+9.2%) | $2,100 – $3,289 | 343 |
| 2BR | $2,100 | −$1,793 (-46.1%) | −$385 (-15.5%) | $2,100 – $2,100 | 1 |
| 2BR | $3,775 | −$118 (-3.0%) | +$1,290 (+51.9%) | $3,110 – $4,560 | 272 |
| 3BR | $5,100 | +$1,500 (+41.7%) | +$600 (+13.3%) | $5,100 – $5,100 | 1 |
| 3BR | $4,353 | +$753 (+20.9%) | −$147 (-3.3%) | $3,996 – $4,700 | 46 |
| 4BR | $5,800 | +$950 (+19.6%) | — | $5,800 – $5,800 | 4 |
| 4BR | $5,800 | +$950 (+19.6%) | — | $5,800 – $5,800 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — February 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,679 | $1,795 | −$116 (-6.5%) |
| Studio | $2,040 | $1,795 | +$245 (+13.6%) |
| 1BR | $1,920 | $2,125 | −$205 (-9.6%) |
| 1BR | $2,730 | $2,125 | +$605 (+28.5%) |
| 2BR | $2,100 | $2,773 | −$673 (-24.3%) |
| 2BR | $3,775 | $2,773 | +$1,002 (+36.1%) |
| 3BR | $5,100 | $3,850 | +$1,250 (+32.5%) |
| 3BR | $4,353 | $3,850 | +$503 (+13.1%) |
| 4BR | $5,800 | $4,695 | +$1,105 (+23.5%) |
| 4BR | $5,800 | $4,695 | +$1,105 (+23.5%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.