Monthly Rent Report
Hollywood Rent Report — March 2023
Asking rents in ZIP 90028, Los Angeles, from 1,288 listings.
Median 1BR rent in Hollywood was $2,766 in March 2023, up 44.0% (+$846) from February 2023 and up 13.1% year-over-year. The middle half of 1BR listings asked between $2,200 and $3,326. That puts Hollywood $669 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 1,288 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | −$329 (-19.6%) | −$45 (-3.2%) | $1,350 – $1,350 | 1 |
| Studio | $2,125 | +$446 (+26.6%) | +$730 (+52.3%) | $1,747 – $2,440 | 283 |
| 1BR | $2,766 | +$846 (+44.0%) | +$321 (+13.1%) | $2,200 – $3,326 | 514 |
| 1BR | $1,500 | −$420 (-21.9%) | −$945 (-38.7%) | $1,500 – $1,500 | 2 |
| 2BR | $3,680 | +$1,580 (+75.2%) | −$3,265 (-47.0%) | $3,000 – $4,496 | 408 |
| 2BR | $7,400 | +$5,300 (+252.4%) | +$455 (+6.6%) | $4,850 – $9,950 | 2 |
| 3BR | $4,500 | +$148 (+3.4%) | −$12,000 (-72.7%) | $4,000 – $4,906 | 51 |
| 3BR | $4,538 | +$185 (+4.3%) | −$11,962 (-72.5%) | $4,195 – $4,695 | 22 |
| 4BR | $7,500 | +$1,700 (+29.3%) | +$1,900 (+33.9%) | $7,500 – $7,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — March 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,745 | −$395 (-22.6%) |
| Studio | $2,125 | $1,745 | +$380 (+21.8%) |
| 1BR | $2,766 | $2,097 | +$669 (+31.9%) |
| 1BR | $1,500 | $2,097 | −$597 (-28.5%) |
| 2BR | $3,680 | $2,750 | +$930 (+33.8%) |
| 2BR | $7,400 | $2,750 | +$4,650 (+169.1%) |
| 3BR | $4,500 | $3,923 | +$578 (+14.7%) |
| 3BR | $4,538 | $3,923 | +$615 (+15.7%) |
| 4BR | $7,500 | $4,760 | +$2,740 (+57.6%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.