Monthly Rent Report
Hollywood Rent Report — January 2024
Asking rents in ZIP 90028, Los Angeles, from 474 listings.
Median 1BR rent in Hollywood was $1,829 in January 2024, down 15.9% (−$346) from December 2023 and down 32.3% year-over-year. The middle half of 1BR listings asked between $1,829 and $1,829. That puts Hollywood $268 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 474 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$45 (-2.8%) | −$669 (-30.1%) | $1,473 – $1,598 | 3 |
| Studio | $1,695 | +$100 (+6.3%) | −$524 (-23.6%) | $1,595 – $2,220 | 101 |
| 1BR | $1,829 | −$346 (-15.9%) | −$871 (-32.3%) | $1,829 – $1,829 | 1 |
| 1BR | $2,450 | +$275 (+12.6%) | −$250 (-9.3%) | $1,995 – $2,970 | 189 |
| 2BR | $3,195 | −$705 (-18.1%) | −$698 (-17.9%) | $2,850 – $4,093 | 140 |
| 2BR | $2,450 | −$1,450 (-37.2%) | −$1,443 (-37.1%) | $2,325 – $2,575 | 2 |
| 3BR | $3,575 | −$1,425 (-28.5%) | −$780 (-17.9%) | $3,488 – $3,663 | 2 |
| 3BR | $4,995 | −$5 (-0.1%) | +$640 (+14.7%) | $3,750 – $5,700 | 32 |
| 4BR | $5,995 | +$500 (+9.1%) | −$1,755 (-22.6%) | $5,145 – $6,373 | 3 |
| 4BR | $6,750 | +$1,255 (+22.8%) | −$1,000 (-12.9%) | $6,750 – $6,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — January 2024
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,750 | −$200 (-11.4%) |
| Studio | $1,695 | $1,750 | −$55 (-3.1%) |
| 1BR | $1,829 | $2,097 | −$267 (-12.8%) |
| 1BR | $2,450 | $2,097 | +$354 (+16.9%) |
| 2BR | $3,195 | $2,795 | +$400 (+14.3%) |
| 2BR | $2,450 | $2,795 | −$345 (-12.3%) |
| 3BR | $3,575 | $3,950 | −$375 (-9.5%) |
| 3BR | $4,995 | $3,950 | +$1,045 (+26.5%) |
| 4BR | $5,995 | $5,200 | +$795 (+15.3%) |
| 4BR | $6,750 | $5,200 | +$1,550 (+29.8%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.