Monthly Rent Report
Hollywood Rent Report — November 2023
Asking rents in ZIP 90038, Los Angeles, from 363 listings.
Median 1BR rent in Hollywood was $2,920 in November 2023, up 46.4% (+$925) from October 2023 and up 23.6% year-over-year. The middle half of 1BR listings asked between $2,418 and $3,092. That puts Hollywood $795 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 363 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,572 | −$138 (-8.1%) | −$223 (-12.4%) | $1,449 – $1,695 | 6 |
| Studio | $2,420 | +$710 (+41.5%) | +$625 (+34.8%) | $2,139 – $2,604 | 7 |
| Studio | $1,323 | −$387 (-22.7%) | −$472 (-26.3%) | $1,259 – $1,386 | 2 |
| 1BR | $2,920 | +$925 (+46.4%) | +$558 (+23.6%) | $2,418 – $3,092 | 14 |
| 1BR | $2,195 | +$200 (+10.0%) | −$167 (-7.1%) | $1,895 – $2,798 | 273 |
| 1BR | $1,745 | −$250 (-12.5%) | −$617 (-26.1%) | $1,585 – $1,948 | 3 |
| 2BR | $2,000 | −$1,600 (-44.4%) | −$350 (-14.9%) | $2,000 – $2,000 | 1 |
| 2BR | $3,773 | +$173 (+4.8%) | +$1,423 (+60.6%) | $3,412 – $4,181 | 8 |
| 2BR | $1,895 | −$1,705 (-47.4%) | −$455 (-19.4%) | $1,895 – $1,895 | 1 |
| 3BR | $5,117 | +$17 (+0.3%) | +$922 (+22.0%) | $5,057 – $5,177 | 2 |
| 3BR | $5,300 | +$200 (+3.9%) | +$1,105 (+26.3%) | $5,200 – $5,400 | 2 |
| 3BR | $5,630 | +$530 (+10.4%) | +$1,435 (+34.2%) | $5,103 – $7,695 | 8 |
| 4BR | $7,195 | +$845 (+13.3%) | +$1,700 (+30.9%) | $7,195 – $7,195 | 1 |
| 4BR | $6,550 | +$200 (+3.1%) | +$1,055 (+19.2%) | $6,550 – $6,550 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — November 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,572 | $1,775 | −$203 (-11.4%) |
| Studio | $2,420 | $1,775 | +$645 (+36.3%) |
| Studio | $1,323 | $1,775 | −$452 (-25.5%) |
| 1BR | $2,920 | $2,125 | +$795 (+37.4%) |
| 1BR | $2,195 | $2,125 | +$70 (+3.3%) |
| 1BR | $1,745 | $2,125 | −$380 (-17.9%) |
| 2BR | $2,000 | $2,795 | −$795 (-28.4%) |
| 2BR | $3,773 | $2,795 | +$978 (+35.0%) |
| 2BR | $1,895 | $2,795 | −$900 (-32.2%) |
| 3BR | $5,117 | $3,950 | +$1,167 (+29.5%) |
| 3BR | $5,300 | $3,950 | +$1,350 (+34.2%) |
| 3BR | $5,630 | $3,950 | +$1,680 (+42.5%) |
| 4BR | $7,195 | $4,994 | +$2,201 (+44.1%) |
| 4BR | $6,550 | $4,994 | +$1,556 (+31.2%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.