Monthly Rent Report
Hollywood Rent Report — July 2023
Asking rents in ZIP 90028, Los Angeles, from 354 listings.
Median 1BR rent in Hollywood was $2,563 in July 2023, down 53.4% (−$2,937) from June 2023 and down 15.3% year-over-year. The middle half of 1BR listings asked between $2,076 and $3,041. That puts Hollywood $438 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 354 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,965 | +$55 (+2.9%) | −$397 (-16.8%) | $1,623 – $2,350 | 91 |
| Studio | $1,700 | −$210 (-11.0%) | −$662 (-28.0%) | $1,700 – $1,700 | 1 |
| 1BR | $2,563 | −$2,937 (-53.4%) | −$462 (-15.3%) | $2,076 – $3,041 | 144 |
| 1BR | $1,925 | −$3,575 (-65.0%) | −$1,100 (-36.4%) | $1,925 – $1,925 | 1 |
| 2BR | $3,450 | −$85 (-2.4%) | −$179 (-4.9%) | $3,018 – $4,171 | 108 |
| 2BR | $6,750 | +$3,215 (+90.9%) | +$3,121 (+86.0%) | $6,750 – $6,750 | 1 |
| 3BR | $5,250 | −$250 (-4.5%) | −$700 (-11.8%) | $4,145 – $5,650 | 7 |
| 3BR | $3,895 | −$1,605 (-29.2%) | −$2,055 (-34.5%) | $3,895 – $3,895 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — July 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,965 | $1,800 | +$165 (+9.2%) |
| Studio | $1,700 | $1,800 | −$100 (-5.6%) |
| 1BR | $2,563 | $2,125 | +$438 (+20.6%) |
| 1BR | $1,925 | $2,125 | −$200 (-9.4%) |
| 2BR | $3,450 | $2,873 | +$577 (+20.1%) |
| 2BR | $6,750 | $2,873 | +$3,877 (+134.9%) |
| 3BR | $5,250 | $3,836 | +$1,414 (+36.9%) |
| 3BR | $3,895 | $3,836 | +$59 (+1.5%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.