Monthly Rent Report

Hollywood Rent Report — April 2023

Asking rents in ZIP 90038, Los Angeles, from 602 listings.

Median 1BR rent in Hollywood was $2,200 in April 2023, down 33.2% (−$1,092) from March 2023. The middle half of 1BR listings asked between $2,150 and $2,250. That puts Hollywood $103 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 602 listings across 16 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2023Vs. Year AgoP25–P75 RangeListings
Studio$1,746−$924 (-34.6%)$1,506 – $2,500110
Studio$2,966+$296 (+11.1%)$2,877 – $3,0542
Studio$2,600−$70 (-2.6%)$2,600 – $2,6001
1BR$2,200−$1,092 (-33.2%)$2,150 – $2,2502
1BR$3,264−$28 (-0.9%)$3,221 – $3,4189
1BR$2,050−$1,242 (-37.7%)$1,895 – $2,650179
2BR$8,000+$3,655 (+84.1%)$8,000 – $8,0001
2BR$3,100−$1,245 (-28.7%)$2,599 – $3,950168
2BR$4,294−$51 (-1.2%)$4,231 – $4,3209
3BR$4,995−$2,000 (-28.6%)$4,425 – $6,10483
3BR$4,700−$2,295 (-32.8%)$4,700 – $4,7001
3BR$5,346−$1,649 (-23.6%)$5,296 – $5,3962
4BR$7,500$0 (0.0%)$5,800 – $7,99529
4BR$8,195+$695 (+9.3%)$8,195 – $8,1952

Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.

Hollywood vs. Los AngelesApril 2023

BedroomsHollywood MedianLos Angeles Citywide MedianDifference
Studio$1,746$1,775−$29 (-1.6%)
Studio$2,966$1,775+$1,191 (+67.1%)
Studio$2,600$1,775+$825 (+46.5%)
1BR$2,200$2,097+$103 (+4.9%)
1BR$3,264$2,097+$1,167 (+55.7%)
1BR$2,050$2,097−$47 (-2.2%)
2BR$8,000$2,795+$5,205 (+186.2%)
2BR$3,100$2,795+$305 (+10.9%)
2BR$4,294$2,795+$1,499 (+53.6%)
3BR$4,995$3,895+$1,100 (+28.2%)
3BR$4,700$3,895+$805 (+20.7%)
3BR$5,346$3,895+$1,451 (+37.3%)
4BR$7,500$4,970+$2,530 (+50.9%)
4BR$8,195$4,970+$3,225 (+64.9%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.

Advertisement