Monthly Rent Report
Hollywood Rent Report — August 2023
Asking rents in ZIP 90028, Los Angeles, from 46 listings.
Median 1BR rent in Hollywood was $2,250 in August 2023, up 16.9% (+$325) from July 2023 and down 25.2% year-over-year. The middle half of 1BR listings asked between $2,087 and $2,471. That puts Hollywood $150 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 46 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$550 (-32.4%) | −$1,232 (-51.7%) | $1,150 – $1,200 | 11 |
| Studio | $1,375 | −$325 (-19.1%) | −$1,007 (-42.3%) | $1,375 – $1,375 | 1 |
| 1BR | $2,250 | +$325 (+16.9%) | −$760 (-25.2%) | $2,087 – $2,471 | 6 |
| 1BR | $2,200 | +$275 (+14.3%) | −$810 (-26.9%) | $2,200 – $2,200 | 9 |
| 2BR | $3,195 | −$255 (-7.4%) | +$1,145 (+55.9%) | $2,773 – $3,548 | 3 |
| 2BR | $9,550 | +$6,100 (+176.8%) | +$7,500 (+365.9%) | $9,550 – $9,550 | 3 |
| 3BR | $3,915 | −$1,335 (-25.4%) | −$12,585 (-76.3%) | $3,915 – $3,915 | 1 |
| 3BR | $4,695 | −$555 (-10.6%) | −$11,805 (-71.5%) | $4,239 – $6,136 | 7 |
| 4BR | $5,473 | — | — | $5,234 – $5,711 | 2 |
| 4BR | $5,600 | — | — | $5,600 – $5,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — August 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,775 | −$625 (-35.2%) |
| Studio | $1,375 | $1,775 | −$400 (-22.5%) |
| 1BR | $2,250 | $2,100 | +$150 (+7.1%) |
| 1BR | $2,200 | $2,100 | +$100 (+4.8%) |
| 2BR | $3,195 | $2,895 | +$300 (+10.4%) |
| 2BR | $9,550 | $2,895 | +$6,655 (+229.9%) |
| 3BR | $3,915 | $3,897 | +$18 (+0.5%) |
| 3BR | $4,695 | $3,897 | +$798 (+20.5%) |
| 4BR | $5,473 | $5,163 | +$310 (+6.0%) |
| 4BR | $5,600 | $5,163 | +$438 (+8.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.