Monthly Rent Report
Hollywood Rent Report — October 2023
Asking rents in ZIP 90038, Los Angeles, from 127 listings.
Median 1BR rent in Hollywood was $2,200 in October 2023, up 22.6% (+$405) from September 2023 and up 9.9% year-over-year. The middle half of 1BR listings asked between $2,075 and $2,225. That puts Hollywood $203 above the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 127 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | −$180 (-9.1%) | +$45 (+2.6%) | $1,795 – $1,795 | 1 |
| Studio | $1,710 | −$265 (-13.4%) | −$40 (-2.3%) | $1,609 – $1,911 | 18 |
| 1BR | $2,200 | +$405 (+22.6%) | +$198 (+9.9%) | $2,075 – $2,225 | 3 |
| 1BR | $1,995 | +$200 (+11.1%) | −$7 (-0.4%) | $1,800 – $2,200 | 56 |
| 2BR | $3,600 | +$875 (+32.1%) | +$894 (+33.0%) | $3,600 – $3,600 | 1 |
| 2BR | $3,095 | +$370 (+13.6%) | +$389 (+14.4%) | $3,095 – $3,095 | 1 |
| 3BR | $5,100 | +$300 (+6.3%) | −$262 (-4.9%) | $5,100 – $5,100 | 1 |
| 3BR | $4,500 | −$300 (-6.3%) | −$862 (-16.1%) | $3,970 – $6,000 | 20 |
| 4BR | $5,800 | −$1,395 (-19.4%) | −$200 (-3.3%) | $5,800 – $5,800 | 1 |
| 4BR | $6,350 | −$845 (-11.7%) | +$350 (+5.8%) | $5,096 – $7,250 | 20 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — October 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,700 | +$95 (+5.6%) |
| Studio | $1,710 | $1,700 | +$10 (+0.6%) |
| 1BR | $2,200 | $1,998 | +$203 (+10.1%) |
| 1BR | $1,995 | $1,998 | −$2 (-0.1%) |
| 2BR | $3,600 | $2,750 | +$850 (+30.9%) |
| 2BR | $3,095 | $2,750 | +$345 (+12.5%) |
| 3BR | $5,100 | $4,195 | +$905 (+21.6%) |
| 3BR | $4,500 | $4,195 | +$305 (+7.3%) |
| 4BR | $5,800 | $5,275 | +$525 (+10.0%) |
| 4BR | $6,350 | $5,275 | +$1,075 (+20.4%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.