Monthly Rent Report
Hollywood Rent Report — October 2023
Asking rents in ZIP 90028, Los Angeles, from 91 listings.
Median 1BR rent in Hollywood was $2,325 in October 2023, up 27.4% (+$500) from September 2023 and up 25.7% year-over-year. The middle half of 1BR listings asked between $1,646 and $3,788. That puts Hollywood $328 above the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 91 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | −$300 (-15.0%) | +$295 (+21.1%) | $1,595 – $1,850 | 52 |
| Studio | $1,645 | −$350 (-17.5%) | +$245 (+17.5%) | $1,472 – $1,648 | 3 |
| 1BR | $2,325 | +$500 (+27.4%) | +$475 (+25.7%) | $1,646 – $3,788 | 6 |
| 1BR | $1,695 | −$130 (-7.1%) | −$155 (-8.4%) | $1,695 – $1,695 | 1 |
| 2BR | $2,533 | +$43 (+1.7%) | −$267 (-9.5%) | $2,502 – $2,564 | 2 |
| 2BR | $3,323 | +$833 (+33.4%) | +$523 (+18.7%) | $3,136 – $3,509 | 2 |
| 3BR | $6,500 | +$1,655 (+34.2%) | +$2,505 (+62.7%) | $6,500 – $6,748 | 3 |
| 3BR | $16,500 | +$11,655 (+240.6%) | +$12,505 (+313.0%) | $16,500 – $16,500 | 1 |
| 4BR | $5,495 | $0 (0.0%) | +$895 (+19.5%) | $3,499 – $5,495 | 14 |
| 4BR | $3,995 | −$1,500 (-27.3%) | −$605 (-13.2%) | $3,995 – $3,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — October 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,700 | −$5 (-0.3%) |
| Studio | $1,645 | $1,700 | −$55 (-3.2%) |
| 1BR | $2,325 | $1,998 | +$328 (+16.4%) |
| 1BR | $1,695 | $1,998 | −$302 (-15.1%) |
| 2BR | $2,533 | $2,750 | −$217 (-7.9%) |
| 2BR | $3,323 | $2,750 | +$573 (+20.8%) |
| 3BR | $6,500 | $4,195 | +$2,305 (+54.9%) |
| 3BR | $16,500 | $4,195 | +$12,305 (+293.3%) |
| 4BR | $5,495 | $5,275 | +$220 (+4.2%) |
| 4BR | $3,995 | $5,275 | −$1,280 (-24.3%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.