Monthly Rent Report
Hollywood Rent Report — June 2023
Asking rents in ZIP 90028, Los Angeles, from 516 listings.
Median 1BR rent in Hollywood was $2,572 in June 2023, down 0.1% (−$3) from May 2023 and down 14.1% year-over-year. The middle half of 1BR listings asked between $2,100 and $3,072. That puts Hollywood $472 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 516 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,725 | +$325 (+23.2%) | −$1,825 (-51.4%) | $1,725 – $1,725 | 1 |
| Studio | $1,910 | +$510 (+36.4%) | −$1,640 (-46.2%) | $1,595 – $2,318 | 132 |
| 1BR | $2,572 | −$3 (-0.1%) | −$423 (-14.1%) | $2,100 – $3,072 | 208 |
| 1BR | $5,500 | +$2,926 (+113.6%) | +$2,505 (+83.6%) | $3,798 – $6,000 | 3 |
| 2BR | $4,175 | +$1,688 (+67.9%) | +$1,380 (+49.4%) | $4,175 – $4,175 | 1 |
| 2BR | $3,535 | +$1,048 (+42.1%) | +$740 (+26.5%) | $3,148 – $4,170 | 149 |
| 3BR | $5,500 | +$888 (+19.2%) | +$825 (+17.6%) | $5,500 – $5,500 | 1 |
| 3BR | $4,395 | −$217 (-4.7%) | −$280 (-6.0%) | $3,948 – $5,500 | 19 |
| 4BR | $7,500 | $0 (0.0%) | +$3,300 (+78.6%) | $7,500 – $7,500 | 1 |
| 4BR | $6,875 | −$625 (-8.3%) | +$2,675 (+63.7%) | $6,875 – $6,875 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — June 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,725 | $1,758 | −$33 (-1.9%) |
| Studio | $1,910 | $1,758 | +$152 (+8.6%) |
| 1BR | $2,572 | $2,100 | +$472 (+22.5%) |
| 1BR | $5,500 | $2,100 | +$3,400 (+161.9%) |
| 2BR | $4,175 | $2,900 | +$1,275 (+44.0%) |
| 2BR | $3,535 | $2,900 | +$635 (+21.9%) |
| 3BR | $5,500 | $3,850 | +$1,650 (+42.9%) |
| 3BR | $4,395 | $3,850 | +$545 (+14.2%) |
| 4BR | $7,500 | $5,100 | +$2,400 (+47.1%) |
| 4BR | $6,875 | $5,100 | +$1,775 (+34.8%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.