Monthly Rent Report

Hollywood Rent Report — November 2023

Asking rents in ZIP 90028, Los Angeles, from 108 listings.

Median 1BR rent in Hollywood was $1,295 in November 2023, down 23.6% (−$400) from October 2023 and down 44.9% year-over-year. The middle half of 1BR listings asked between $1,295 and $1,295. That puts Hollywood $830 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 108 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2023Vs. November 2022P25–P75 RangeListings
Studio$1,829+$134 (+7.9%)+$154 (+9.2%)$1,829 – $1,8291
Studio$1,650−$45 (-2.7%)−$25 (-1.5%)$1,549 – $1,6864
1BR$1,295−$400 (-23.6%)−$1,055 (-44.9%)$1,295 – $1,2953
1BR$1,879+$184 (+10.9%)−$471 (-20.0%)$1,854 – $1,8963
2BR$2,550−$772 (-23.3%)+$155 (+6.5%)$2,550 – $2,8835
2BR$2,475−$847 (-25.5%)+$80 (+3.3%)$2,338 – $2,6132
3BR$4,878−$1,622 (-25.0%)+$1,578 (+47.8%)$3,771 – $6,10968
3BR$3,700−$2,800 (-43.1%)+$400 (+12.1%)$3,700 – $3,7001
4BR$6,500+$2,505 (+62.7%)−$900 (-12.2%)$5,495 – $6,75014
4BR$6,750+$2,755 (+69.0%)−$650 (-8.8%)$6,750 – $6,7501

Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.

Hollywood vs. Los AngelesNovember 2023

BedroomsHollywood MedianLos Angeles Citywide MedianDifference
Studio$1,829$1,775+$54 (+3.0%)
Studio$1,650$1,775−$125 (-7.0%)
1BR$1,295$2,125−$830 (-39.1%)
1BR$1,879$2,125−$246 (-11.6%)
2BR$2,550$2,795−$245 (-8.8%)
2BR$2,475$2,795−$320 (-11.4%)
3BR$4,878$3,950+$928 (+23.5%)
3BR$3,700$3,950−$250 (-6.3%)
4BR$6,500$4,994+$1,506 (+30.2%)
4BR$6,750$4,994+$1,756 (+35.2%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.

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