Monthly Rent Report
Hollywood Rent Report — June 2023
Asking rents in ZIP 90038, Los Angeles, from 186 listings.
Median 1BR rent in Hollywood was $2,150 in June 2023, up 22.9% (+$400) from May 2023 and down 11.8% year-over-year. The middle half of 1BR listings asked between $1,898 and $2,950. That puts Hollywood $50 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 186 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | −$1,046 (-36.8%) | $0 (0.0%) | $1,795 – $1,795 | 1 |
| Studio | $1,600 | −$1,241 (-43.7%) | −$195 (-10.9%) | $1,600 – $1,600 | 1 |
| 1BR | $2,150 | +$400 (+22.9%) | −$287 (-11.8%) | $1,898 – $2,950 | 59 |
| 1BR | $3,237 | +$1,487 (+85.0%) | +$800 (+32.8%) | $3,129 – $3,356 | 4 |
| 1BR | $1,995 | +$245 (+14.0%) | −$442 (-18.2%) | $1,995 – $1,995 | 1 |
| 2BR | $2,500 | −$1,710 (-40.6%) | −$400 (-13.8%) | $2,400 – $2,600 | 2 |
| 2BR | $4,214 | +$4 (+0.1%) | +$1,314 (+45.3%) | $4,200 – $4,320 | 3 |
| 2BR | $3,300 | −$910 (-21.6%) | +$400 (+13.8%) | $2,524 – $4,108 | 54 |
| 3BR | $4,750 | −$446 (-8.6%) | −$4,050 (-46.0%) | $4,395 – $6,995 | 45 |
| 3BR | $5,190 | −$6 (-0.1%) | −$3,610 (-41.0%) | $5,190 – $5,190 | 1 |
| 3BR | $3,995 | −$1,201 (-23.1%) | −$4,805 (-54.6%) | $3,995 – $3,995 | 1 |
| 4BR | $7,500 | −$495 (-6.2%) | +$1,600 (+27.1%) | $5,995 – $7,995 | 9 |
| 4BR | $8,650 | +$655 (+8.2%) | +$2,750 (+46.6%) | $8,650 – $8,650 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — June 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,758 | +$37 (+2.1%) |
| Studio | $1,600 | $1,758 | −$158 (-9.0%) |
| 1BR | $2,150 | $2,100 | +$50 (+2.4%) |
| 1BR | $3,237 | $2,100 | +$1,137 (+54.1%) |
| 1BR | $1,995 | $2,100 | −$105 (-5.0%) |
| 2BR | $2,500 | $2,900 | −$400 (-13.8%) |
| 2BR | $4,214 | $2,900 | +$1,314 (+45.3%) |
| 2BR | $3,300 | $2,900 | +$400 (+13.8%) |
| 3BR | $4,750 | $3,850 | +$900 (+23.4%) |
| 3BR | $5,190 | $3,850 | +$1,340 (+34.8%) |
| 3BR | $3,995 | $3,850 | +$145 (+3.8%) |
| 4BR | $7,500 | $5,100 | +$2,400 (+47.1%) |
| 4BR | $8,650 | $5,100 | +$3,550 (+69.6%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.