Monthly Rent Report
Hollywood Rent Report — February 2023
Asking rents in ZIP 90038, Los Angeles, from 443 listings.
Median 1BR rent in Hollywood was $2,195 in February 2023, down 4.6% (−$105) from January 2023. The middle half of 1BR listings asked between $1,995 and $2,800. That puts Hollywood $70 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 443 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,799 | +$193 (+12.0%) | — | $1,540 – $2,438 | 71 |
| Studio | $1,607 | +$1 (+0.0%) | — | $1,607 – $1,607 | 1 |
| 1BR | $2,195 | −$105 (-4.6%) | — | $1,995 – $2,800 | 165 |
| 1BR | $2,145 | −$155 (-6.7%) | — | $2,020 – $2,270 | 2 |
| 2BR | $2,873 | $0 (0.0%) | — | $2,734 – $3,011 | 2 |
| 2BR | $3,200 | +$328 (+11.4%) | — | $2,688 – $3,795 | 117 |
| 3BR | $4,200 | −$210 (-4.8%) | — | $3,799 – $4,600 | 2 |
| 3BR | $5,000 | +$590 (+13.4%) | — | $4,095 – $6,750 | 72 |
| 4BR | $7,995 | +$1,695 (+26.9%) | — | $7,995 – $7,995 | 2 |
| 4BR | $4,150 | −$2,150 (-34.1%) | — | $4,100 – $4,395 | 9 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — February 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,799 | $1,795 | +$4 (+0.2%) |
| Studio | $1,607 | $1,795 | −$188 (-10.5%) |
| 1BR | $2,195 | $2,125 | +$70 (+3.3%) |
| 1BR | $2,145 | $2,125 | +$20 (+0.9%) |
| 2BR | $2,873 | $2,773 | +$100 (+3.6%) |
| 2BR | $3,200 | $2,773 | +$427 (+15.4%) |
| 3BR | $4,200 | $3,850 | +$350 (+9.1%) |
| 3BR | $5,000 | $3,850 | +$1,150 (+29.9%) |
| 4BR | $7,995 | $4,695 | +$3,300 (+70.3%) |
| 4BR | $4,150 | $4,695 | −$545 (-11.6%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.