Monthly Rent Report
Hollywood Rent Report — September 2023
Asking rents in ZIP 90038, Los Angeles, from 137 listings.
Median 1BR rent in Hollywood was $2,200 in September 2023, down 8.1% (−$195) from August 2023 and up 22.2% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,700. That puts Hollywood $200 above the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 137 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,975 | +$680 (+52.5%) | +$280 (+16.5%) | $1,713 – $2,238 | 2 |
| Studio | $1,750 | +$455 (+35.1%) | +$55 (+3.2%) | $1,600 – $1,800 | 21 |
| 1BR | $2,200 | −$195 (-8.1%) | +$400 (+22.2%) | $1,995 – $2,700 | 35 |
| 1BR | $1,795 | −$600 (-25.1%) | −$5 (-0.3%) | $1,795 – $1,795 | 2 |
| 1BR | $3,280 | +$885 (+36.9%) | +$1,480 (+82.2%) | $3,233 – $3,326 | 2 |
| 2BR | $2,995 | +$300 (+11.1%) | −$1,552 (-34.1%) | $2,550 – $3,880 | 34 |
| 2BR | $2,725 | +$30 (+1.1%) | −$1,822 (-40.1%) | $2,524 – $2,886 | 4 |
| 3BR | $5,054 | −$751 (-12.9%) | −$446 (-8.1%) | $4,860 – $5,179 | 3 |
| 3BR | $6,795 | +$990 (+17.0%) | +$1,295 (+23.5%) | $6,795 – $6,795 | 1 |
| 3BR | $4,800 | −$1,005 (-17.3%) | −$700 (-12.7%) | $4,395 – $5,100 | 13 |
| 4BR | $5,999 | −$1,196 (-16.6%) | −$1,501 (-20.0%) | $5,500 – $5,999 | 5 |
| 4BR | $7,195 | $0 (0.0%) | −$305 (-4.1%) | $6,598 – $7,248 | 7 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — September 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,975 | $1,795 | +$180 (+10.0%) |
| Studio | $1,750 | $1,795 | −$45 (-2.5%) |
| 1BR | $2,200 | $2,000 | +$200 (+10.0%) |
| 1BR | $1,795 | $2,000 | −$205 (-10.3%) |
| 1BR | $3,280 | $2,000 | +$1,280 (+64.0%) |
| 2BR | $2,995 | $2,750 | +$245 (+8.9%) |
| 2BR | $2,725 | $2,750 | −$25 (-0.9%) |
| 3BR | $5,054 | $3,948 | +$1,107 (+28.0%) |
| 3BR | $6,795 | $3,948 | +$2,848 (+72.1%) |
| 3BR | $4,800 | $3,948 | +$853 (+21.6%) |
| 4BR | $5,999 | $5,000 | +$999 (+20.0%) |
| 4BR | $7,195 | $5,000 | +$2,195 (+43.9%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.