Monthly Rent Report
Hollywood Rent Report — March 2023
Asking rents in ZIP 90038, Los Angeles, from 73 listings.
Median 1BR rent in Hollywood was $3,293 in March 2023, up 53.5% (+$1,148) from February 2023. The middle half of 1BR listings asked between $3,246 and $3,320. That puts Hollywood $1,196 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 73 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,686 | +$1,079 (+67.1%) | — | $2,678 – $2,693 | 4 |
| Studio | $2,670 | +$1,063 (+66.1%) | — | $2,670 – $2,670 | 1 |
| Studio | $1,795 | +$188 (+11.7%) | — | $1,795 – $1,795 | 1 |
| 1BR | $3,293 | +$1,148 (+53.5%) | — | $3,246 – $3,320 | 6 |
| 1BR | $2,100 | −$45 (-2.1%) | — | $2,100 – $2,100 | 1 |
| 1BR | $3,826 | +$1,681 (+78.4%) | — | $3,222 – $3,860 | 6 |
| 2BR | $4,050 | +$1,178 (+41.0%) | — | $3,523 – $4,973 | 3 |
| 2BR | $4,345 | +$1,473 (+51.3%) | — | $4,170 – $4,424 | 9 |
| 2BR | $4,318 | +$1,445 (+50.3%) | — | $4,190 – $4,421 | 8 |
| 3BR | $6,995 | +$1,995 (+39.9%) | — | $6,995 – $6,995 | 1 |
| 3BR | $4,917 | −$83 (-1.7%) | — | $4,917 – $4,917 | 2 |
| 3BR | $4,748 | −$252 (-5.0%) | — | $4,748 – $4,748 | 1 |
| 4BR | $7,500 | −$495 (-6.2%) | — | $4,150 – $7,750 | 25 |
| 4BR | $7,500 | −$495 (-6.2%) | — | $7,500 – $7,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — March 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,686 | $1,745 | +$941 (+53.9%) |
| Studio | $2,670 | $1,745 | +$925 (+53.0%) |
| Studio | $1,795 | $1,745 | +$50 (+2.9%) |
| 1BR | $3,293 | $2,097 | +$1,196 (+57.0%) |
| 1BR | $2,100 | $2,097 | +$3 (+0.2%) |
| 1BR | $3,826 | $2,097 | +$1,729 (+82.5%) |
| 2BR | $4,050 | $2,750 | +$1,300 (+47.3%) |
| 2BR | $4,345 | $2,750 | +$1,595 (+58.0%) |
| 2BR | $4,318 | $2,750 | +$1,568 (+57.0%) |
| 3BR | $6,995 | $3,923 | +$3,073 (+78.3%) |
| 3BR | $4,917 | $3,923 | +$995 (+25.4%) |
| 3BR | $4,748 | $3,923 | +$826 (+21.0%) |
| 4BR | $7,500 | $4,760 | +$2,740 (+57.6%) |
| 4BR | $7,500 | $4,760 | +$2,740 (+57.6%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.