Monthly Rent Report
Hollywood Rent Report — September 2023
Asking rents in ZIP 90028, Los Angeles, from 81 listings.
Median 1BR rent in Hollywood was $1,825 in September 2023, down 18.9% (−$425) from August 2023 and down 22.3% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,850. That puts Hollywood $175 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 81 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,823 | +$673 (+58.5%) | −$554 (-23.3%) | $1,686 – $1,959 | 2 |
| Studio | $1,995 | +$845 (+73.5%) | −$381 (-16.1%) | $1,595 – $2,442 | 57 |
| 1BR | $1,825 | −$425 (-18.9%) | −$525 (-22.3%) | $1,800 – $1,850 | 2 |
| 1BR | $1,795 | −$455 (-20.2%) | −$555 (-23.6%) | $1,793 – $1,795 | 8 |
| 2BR | $2,650 | −$6,900 (-72.3%) | −$675 (-20.3%) | $2,650 – $2,650 | 1 |
| 2BR | $2,490 | −$7,060 (-73.9%) | −$835 (-25.1%) | $2,490 – $2,490 | 1 |
| 3BR | $7,300 | +$2,605 (+55.5%) | +$766 (+11.7%) | $7,300 – $7,300 | 1 |
| 3BR | $4,845 | +$150 (+3.2%) | −$1,689 (-25.9%) | $4,420 – $5,273 | 6 |
| 4BR | $6,999 | +$1,527 (+27.9%) | +$1,004 (+16.7%) | $6,999 – $6,999 | 1 |
| 4BR | $5,495 | +$23 (+0.4%) | −$500 (-8.3%) | $5,495 – $5,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — September 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,823 | $1,795 | +$28 (+1.5%) |
| Studio | $1,995 | $1,795 | +$200 (+11.1%) |
| 1BR | $1,825 | $2,000 | −$175 (-8.8%) |
| 1BR | $1,795 | $2,000 | −$205 (-10.3%) |
| 2BR | $2,650 | $2,750 | −$100 (-3.6%) |
| 2BR | $2,490 | $2,750 | −$260 (-9.5%) |
| 3BR | $7,300 | $3,948 | +$3,353 (+84.9%) |
| 3BR | $4,845 | $3,948 | +$898 (+22.7%) |
| 4BR | $6,999 | $5,000 | +$1,999 (+40.0%) |
| 4BR | $5,495 | $5,000 | +$495 (+9.9%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.