Monthly Rent Report
Hollywood Rent Report — December 2023
Asking rents in ZIP 90038, Los Angeles, from 104 listings.
Median 1BR rent in Hollywood was $2,894 in December 2023, up 31.8% (+$699) from November 2023 and up 45.1% year-over-year. The middle half of 1BR listings asked between $2,654 and $3,099. That puts Hollywood $765 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 104 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,612 | +$192 (+7.9%) | +$1,065 (+68.8%) | $2,169 – $2,755 | 13 |
| Studio | $1,695 | −$725 (-30.0%) | +$148 (+9.5%) | $1,545 – $1,795 | 10 |
| Studio | $1,651 | −$769 (-31.8%) | +$104 (+6.7%) | $1,563 – $1,763 | 3 |
| 1BR | $2,894 | +$699 (+31.8%) | +$899 (+45.1%) | $2,654 – $3,099 | 28 |
| 1BR | $1,995 | −$200 (-9.1%) | $0 (0.0%) | $1,923 – $2,095 | 3 |
| 1BR | $1,886 | −$309 (-14.1%) | −$109 (-5.5%) | $1,782 – $2,232 | 12 |
| 2BR | $2,745 | +$745 (+37.3%) | +$23 (+0.8%) | $2,745 – $2,857 | 3 |
| 2BR | $1,950 | −$50 (-2.5%) | −$772 (-28.4%) | $1,950 – $1,950 | 1 |
| 2BR | $2,000 | $0 (0.0%) | −$722 (-26.5%) | $1,975 – $2,025 | 2 |
| 3BR | $4,873 | −$427 (-8.1%) | −$522 (-9.7%) | $4,748 – $4,997 | 4 |
| 3BR | $4,800 | −$500 (-9.4%) | −$595 (-11.0%) | $4,500 – $6,750 | 14 |
| 3BR | $4,400 | −$900 (-17.0%) | −$995 (-18.4%) | $4,400 – $4,400 | 1 |
| 4BR | $19,995 | +$13,445 (+205.3%) | +$15,595 (+354.4%) | $19,995 – $19,995 | 1 |
| 4BR | $5,500 | −$1,050 (-16.0%) | +$1,100 (+25.0%) | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — December 2023
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,612 | $1,750 | +$862 (+49.3%) |
| Studio | $1,695 | $1,750 | −$55 (-3.1%) |
| Studio | $1,651 | $1,750 | −$99 (-5.7%) |
| 1BR | $2,894 | $2,129 | +$765 (+35.9%) |
| 1BR | $1,995 | $2,129 | −$134 (-6.3%) |
| 1BR | $1,886 | $2,129 | −$243 (-11.4%) |
| 2BR | $2,745 | $2,795 | −$50 (-1.8%) |
| 2BR | $1,950 | $2,795 | −$845 (-30.2%) |
| 2BR | $2,000 | $2,795 | −$795 (-28.4%) |
| 3BR | $4,873 | $3,923 | +$950 (+24.2%) |
| 3BR | $4,800 | $3,923 | +$878 (+22.4%) |
| 3BR | $4,400 | $3,923 | +$478 (+12.2%) |
| 4BR | $19,995 | $4,750 | +$15,245 (+320.9%) |
| 4BR | $5,500 | $4,750 | +$750 (+15.8%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.