Monthly Rent Report
Hollywood Rent Report — January 2024
Asking rents in ZIP 90038, Los Angeles, from 298 listings.
Median 1BR rent in Hollywood was $2,800 in January 2024, up 48.5% (+$914) from December 2023 and up 55.5% year-over-year. The middle half of 1BR listings asked between $2,691 and $3,205. That puts Hollywood $703 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 298 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$45 (-2.7%) | +$44 (+2.7%) | $1,448 – $1,850 | 43 |
| Studio | $1,650 | −$45 (-2.7%) | +$44 (+2.7%) | $1,625 – $1,675 | 2 |
| Studio | $2,723 | +$1,028 (+60.6%) | +$1,116 (+69.5%) | $2,388 – $2,756 | 8 |
| 1BR | $2,800 | +$914 (+48.5%) | +$1,000 (+55.5%) | $2,691 – $3,205 | 10 |
| 1BR | $1,850 | −$35 (-1.9%) | +$50 (+2.8%) | $1,850 – $1,850 | 1 |
| 1BR | $1,995 | +$110 (+5.8%) | +$195 (+10.8%) | $1,884 – $2,500 | 52 |
| 2BR | $2,900 | +$155 (+5.6%) | +$28 (+1.0%) | $2,499 – $3,795 | 112 |
| 2BR | $2,275 | −$470 (-17.1%) | −$597 (-20.8%) | $2,275 – $2,275 | 1 |
| 2BR | $3,543 | +$798 (+29.1%) | +$671 (+23.3%) | $3,344 – $3,716 | 5 |
| 3BR | $5,300 | +$500 (+10.4%) | +$890 (+20.2%) | $4,245 – $8,000 | 42 |
| 3BR | $4,973 | +$173 (+3.6%) | +$563 (+12.8%) | $4,872 – $4,973 | 3 |
| 3BR | $8,295 | +$3,495 (+72.8%) | +$3,885 (+88.1%) | $8,295 – $8,295 | 1 |
| 4BR | $6,995 | −$13,000 (-65.0%) | +$695 (+11.0%) | $6,023 – $7,125 | 7 |
| 4BR | $3,600 | −$16,395 (-82.0%) | −$2,700 (-42.9%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — January 2024
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,750 | −$100 (-5.7%) |
| Studio | $1,650 | $1,750 | −$100 (-5.7%) |
| Studio | $2,723 | $1,750 | +$973 (+55.6%) |
| 1BR | $2,800 | $2,097 | +$703 (+33.5%) |
| 1BR | $1,850 | $2,097 | −$246 (-11.8%) |
| 1BR | $1,995 | $2,097 | −$101 (-4.8%) |
| 2BR | $2,900 | $2,795 | +$105 (+3.8%) |
| 2BR | $2,275 | $2,795 | −$520 (-18.6%) |
| 2BR | $3,543 | $2,795 | +$748 (+26.8%) |
| 3BR | $5,300 | $3,950 | +$1,350 (+34.2%) |
| 3BR | $4,973 | $3,950 | +$1,023 (+25.9%) |
| 3BR | $8,295 | $3,950 | +$4,345 (+110.0%) |
| 4BR | $6,995 | $5,200 | +$1,795 (+34.5%) |
| 4BR | $3,600 | $5,200 | −$1,600 (-30.8%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.