Monthly Rent Report
Hollywood Rent Report — April 2023
Asking rents in ZIP 90028, Los Angeles, from 1,366 listings.
Median 1BR rent in Hollywood was $3,750 in April 2023, up 35.6% (+$985) from March 2023 and up 108.9% year-over-year. The middle half of 1BR listings asked between $3,625 and $3,900. That puts Hollywood $1,653 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 1,366 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,737 | −$388 (-18.3%) | −$658 (-27.5%) | $1,708 – $1,766 | 2 |
| Studio | $2,174 | +$49 (+2.3%) | −$221 (-9.2%) | $1,725 – $2,452 | 308 |
| 1BR | $3,750 | +$985 (+35.6%) | +$1,955 (+108.9%) | $3,625 – $3,900 | 3 |
| 1BR | $2,685 | −$80 (-2.9%) | +$890 (+49.6%) | $2,195 – $3,308 | 571 |
| 2BR | $7,800 | +$4,120 (+112.0%) | +$855 (+12.3%) | $7,800 – $7,800 | 1 |
| 2BR | $3,690 | +$10 (+0.3%) | −$3,255 (-46.9%) | $3,039 – $4,395 | 427 |
| 3BR | $4,700 | +$200 (+4.4%) | +$800 (+20.5%) | $4,050 – $5,350 | 2 |
| 3BR | $5,000 | +$500 (+11.1%) | +$1,100 (+28.2%) | $4,250 – $5,250 | 49 |
| 4BR | $5,250 | −$2,250 (-30.0%) | −$350 (-6.3%) | $5,250 – $5,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — April 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,737 | $1,775 | −$38 (-2.1%) |
| Studio | $2,174 | $1,775 | +$399 (+22.5%) |
| 1BR | $3,750 | $2,097 | +$1,653 (+78.8%) |
| 1BR | $2,685 | $2,097 | +$588 (+28.1%) |
| 2BR | $7,800 | $2,795 | +$5,005 (+179.1%) |
| 2BR | $3,690 | $2,795 | +$895 (+32.0%) |
| 3BR | $4,700 | $3,895 | +$805 (+20.7%) |
| 3BR | $5,000 | $3,895 | +$1,105 (+28.4%) |
| 4BR | $5,250 | $4,970 | +$280 (+5.6%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.