Monthly Rent Report
Hollywood Rent Report — August 2024
Asking rents in ZIP 90028, Los Angeles, from 26 listings.
Median 1BR rent in Hollywood was $2,070 in August 2024, up 8.4% (+$160) from July 2024 and down 8.0% year-over-year. The middle half of 1BR listings asked between $2,008 and $2,995. That puts Hollywood $25 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 26 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | +$320 (+21.7%) | +$420 (+30.5%) | $1,795 – $1,945 | 3 |
| 1BR | $2,070 | +$160 (+8.4%) | −$180 (-8.0%) | $2,008 – $2,995 | 6 |
| 2BR | $2,000 | −$896 (-30.9%) | −$7,550 (-79.1%) | $2,000 – $2,000 | 1 |
| 2BR | $2,595 | −$301 (-10.4%) | −$6,955 (-72.8%) | $2,595 – $2,595 | 9 |
| 3BR | $2,600 | −$2,331 (-47.3%) | −$1,315 (-33.6%) | $2,600 – $2,600 | 2 |
| 3BR | $3,395 | −$1,536 (-31.1%) | −$520 (-13.3%) | $3,395 – $3,395 | 1 |
| 4BR | $5,687 | +$3,692 (+185.1%) | +$215 (+3.9%) | $5,687 – $5,687 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — August 2024
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,750 | +$45 (+2.6%) |
| 1BR | $2,070 | $2,095 | −$25 (-1.2%) |
| 2BR | $2,000 | $2,795 | −$795 (-28.4%) |
| 2BR | $2,595 | $2,795 | −$200 (-7.2%) |
| 3BR | $2,600 | $4,000 | −$1,400 (-35.0%) |
| 3BR | $3,395 | $4,000 | −$605 (-15.1%) |
| 4BR | $5,687 | $4,895 | +$792 (+16.2%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.