Monthly Rent Report
Hollywood Rent Report — May 2024
Asking rents in ZIP 90028, Los Angeles, from 1,070 listings.
Median 1BR rent in Hollywood was $2,100 in May 2024, up 9.4% (+$180) from April 2024 and down 18.4% year-over-year. The middle half of 1BR listings asked between $2,100 and $3,550. That puts Hollywood in line with the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 1,070 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,538 | −$57 (-3.6%) | −$512 (-25.0%) | $1,506 – $1,569 | 2 |
| Studio | $4,550 | +$2,955 (+185.3%) | +$2,500 (+122.0%) | $4,550 – $4,550 | 1 |
| 1BR | $2,100 | +$180 (+9.4%) | −$474 (-18.4%) | $2,100 – $3,550 | 3 |
| 1BR | $1,700 | −$220 (-11.5%) | −$874 (-34.0%) | $1,548 – $1,798 | 3 |
| 2BR | $2,950 | −$800 (-21.3%) | +$463 (+18.6%) | $2,756 – $3,217 | 3 |
| 2BR | $3,795 | +$45 (+1.2%) | +$1,308 (+52.6%) | $3,250 – $4,468 | 893 |
| 3BR | $4,813 | +$2,414 (+100.6%) | +$201 (+4.3%) | $3,995 – $5,925 | 151 |
| 3BR | $5,000 | +$2,601 (+108.4%) | +$388 (+8.4%) | $5,000 – $5,000 | 1 |
| 4BR | $4,925 | −$70 (-1.4%) | −$2,575 (-34.3%) | $4,762 – $7,215 | 10 |
| 4BR | $4,762 | −$233 (-4.7%) | −$2,738 (-36.5%) | $4,762 – $4,762 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — May 2024
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,538 | $1,795 | −$257 (-14.3%) |
| Studio | $4,550 | $1,795 | +$2,755 (+153.5%) |
| 1BR | $2,100 | $2,095 | +$5 (+0.2%) |
| 1BR | $1,700 | $2,095 | −$395 (-18.9%) |
| 2BR | $2,950 | $2,850 | +$100 (+3.5%) |
| 2BR | $3,795 | $2,850 | +$945 (+33.2%) |
| 3BR | $4,813 | $3,969 | +$845 (+21.3%) |
| 3BR | $5,000 | $3,969 | +$1,032 (+26.0%) |
| 4BR | $4,925 | $5,175 | −$250 (-4.8%) |
| 4BR | $4,762 | $5,175 | −$413 (-8.0%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.