Monthly Rent Report
Hollywood Rent Report — March 2024
Asking rents in ZIP 90028, Los Angeles, from 495 listings.
Median 1BR rent in Hollywood was $1,829 in March 2024, down 2.7% (−$50) from February 2024 and down 33.9% year-over-year. The middle half of 1BR listings asked between $1,787 and $1,829. That puts Hollywood $316 below the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 495 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | +$1 (+0.1%) | −$775 (-36.5%) | $1,350 – $1,363 | 7 |
| Studio | $2,058 | +$709 (+52.6%) | −$67 (-3.2%) | $1,595 – $2,490 | 341 |
| 1BR | $1,829 | −$50 (-2.7%) | −$936 (-33.9%) | $1,787 – $1,829 | 9 |
| 1BR | $3,450 | +$1,571 (+83.6%) | +$685 (+24.8%) | $3,450 – $3,450 | 1 |
| 2BR | $4,200 | +$610 (+17.0%) | +$520 (+14.1%) | $4,200 – $4,200 | 1 |
| 2BR | $3,392 | −$198 (-5.5%) | −$288 (-7.8%) | $2,694 – $3,392 | 3 |
| 3BR | $3,186 | −$1,729 (-35.2%) | −$1,352 (-29.8%) | $3,128 – $3,243 | 2 |
| 3BR | $4,400 | −$515 (-10.5%) | −$137 (-3.0%) | $3,895 – $5,961 | 123 |
| 4BR | $5,497 | −$502 (-8.4%) | −$2,003 (-26.7%) | $4,995 – $6,437 | 4 |
| 4BR | $6,875 | +$876 (+14.6%) | −$625 (-8.3%) | $5,748 – $7,750 | 4 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — March 2024
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,723 | −$372 (-21.6%) |
| Studio | $2,058 | $1,723 | +$336 (+19.5%) |
| 1BR | $1,829 | $2,145 | −$316 (-14.7%) |
| 1BR | $3,450 | $2,145 | +$1,305 (+60.8%) |
| 2BR | $4,200 | $2,850 | +$1,350 (+47.4%) |
| 2BR | $3,392 | $2,850 | +$542 (+19.0%) |
| 3BR | $3,186 | $3,762 | −$576 (-15.3%) |
| 3BR | $4,400 | $3,762 | +$638 (+17.0%) |
| 4BR | $5,497 | $4,950 | +$547 (+11.1%) |
| 4BR | $6,875 | $4,950 | +$1,925 (+38.9%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.