Monthly Rent Report
Hollywood Rent Report — December 2023
Asking rents in ZIP 90028, Los Angeles, from 61 listings.
Median 1BR rent in Hollywood was $2,175 in December 2023, up 15.8% (+$296) from November 2023 and down 49.7% year-over-year. The middle half of 1BR listings asked between $2,099 and $2,345. That puts Hollywood $46 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 61 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,670 | −$159 (-8.7%) | −$530 (-24.1%) | $1,518 – $1,698 | 6 |
| Studio | $1,595 | −$234 (-12.8%) | −$605 (-27.5%) | $1,595 – $1,595 | 5 |
| 1BR | $2,175 | +$296 (+15.8%) | −$2,150 (-49.7%) | $2,099 – $2,345 | 13 |
| 1BR | $1,895 | +$16 (+0.9%) | −$2,430 (-56.2%) | $1,895 – $1,895 | 2 |
| 2BR | $3,900 | +$1,425 (+57.6%) | +$5 (+0.1%) | $2,800 – $3,999 | 20 |
| 2BR | $3,346 | +$871 (+35.2%) | −$549 (-14.1%) | $3,346 – $3,346 | 1 |
| 3BR | $5,000 | +$1,300 (+35.1%) | +$50 (+1.0%) | $5,000 – $5,000 | 5 |
| 3BR | $3,996 | +$296 (+8.0%) | −$954 (-19.3%) | $3,996 – $3,996 | 1 |
| 4BR | $5,495 | −$1,255 (-18.6%) | +$645 (+13.3%) | $4,495 – $6,750 | 5 |
| 4BR | $5,495 | −$1,255 (-18.6%) | +$645 (+13.3%) | $4,945 – $6,123 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — December 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,670 | $1,750 | −$80 (-4.6%) |
| Studio | $1,595 | $1,750 | −$155 (-8.9%) |
| 1BR | $2,175 | $2,129 | +$46 (+2.2%) |
| 1BR | $1,895 | $2,129 | −$234 (-11.0%) |
| 2BR | $3,900 | $2,795 | +$1,105 (+39.5%) |
| 2BR | $3,346 | $2,795 | +$551 (+19.7%) |
| 3BR | $5,000 | $3,923 | +$1,078 (+27.5%) |
| 3BR | $3,996 | $3,923 | +$74 (+1.9%) |
| 4BR | $5,495 | $4,750 | +$745 (+15.7%) |
| 4BR | $5,495 | $4,750 | +$745 (+15.7%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.