Monthly Rent Report
Hollywood Rent Report — February 2024
Asking rents in ZIP 90028, Los Angeles, from 2,058 listings.
Median 1BR rent in Hollywood was $2,619 in February 2024, up 6.9% (+$169) from January 2024 and down 4.1% year-over-year. The middle half of 1BR listings asked between $2,162 and $3,200. That puts Hollywood $424 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 2,058 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,349 | −$201 (-13.0%) | −$691 (-33.9%) | $1,349 – $1,349 | 1 |
| Studio | $2,020 | +$470 (+30.3%) | −$20 (-1.0%) | $1,645 – $2,388 | 424 |
| 1BR | $2,619 | +$169 (+6.9%) | −$111 (-4.1%) | $2,162 – $3,200 | 910 |
| 1BR | $1,879 | −$571 (-23.3%) | −$851 (-31.2%) | $1,858 – $1,889 | 4 |
| 2BR | $2,175 | −$1,020 (-31.9%) | +$75 (+3.6%) | $2,163 – $2,188 | 2 |
| 2BR | $3,590 | +$395 (+12.4%) | +$1,490 (+71.0%) | $2,950 – $4,294 | 590 |
| 3BR | $4,915 | +$1,340 (+37.5%) | +$563 (+12.9%) | $4,095 – $5,800 | 97 |
| 3BR | $4,145 | +$570 (+15.9%) | −$207 (-4.8%) | $4,095 – $4,195 | 8 |
| 4BR | $5,999 | +$4 (+0.1%) | +$199 (+3.4%) | $5,041 – $6,247 | 11 |
| 4BR | $5,999 | +$4 (+0.1%) | +$199 (+3.4%) | $5,041 – $6,247 | 11 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — February 2024
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,349 | $1,750 | −$400 (-22.9%) |
| Studio | $2,020 | $1,750 | +$271 (+15.5%) |
| 1BR | $2,619 | $2,195 | +$424 (+19.3%) |
| 1BR | $1,879 | $2,195 | −$316 (-14.4%) |
| 2BR | $2,175 | $2,850 | −$675 (-23.7%) |
| 2BR | $3,590 | $2,850 | +$740 (+26.0%) |
| 3BR | $4,915 | $3,995 | +$920 (+23.0%) |
| 3BR | $4,145 | $3,995 | +$150 (+3.8%) |
| 4BR | $5,999 | $5,000 | +$999 (+20.0%) |
| 4BR | $5,999 | $5,000 | +$999 (+20.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.