Monthly Rent Report
Hollywood Rent Report — April 2024
Asking rents in ZIP 90038, Los Angeles, from 876 listings.
Median 1BR rent in Hollywood was $2,250 in April 2024, up 21.6% (+$400) from March 2024 and up 9.8% year-over-year. The middle half of 1BR listings asked between $1,900 and $2,740. That puts Hollywood $155 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 876 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,657 | +$862 (+48.0%) | −$308 (-10.4%) | $2,657 – $2,657 | 1 |
| Studio | $1,675 | −$120 (-6.7%) | −$1,290 (-43.5%) | $1,495 – $2,150 | 169 |
| Studio | $1,650 | −$145 (-8.1%) | −$1,315 (-44.4%) | $1,523 – $1,688 | 3 |
| 1BR | $2,250 | +$400 (+21.6%) | +$200 (+9.8%) | $1,900 – $2,740 | 249 |
| 1BR | $2,680 | +$830 (+44.9%) | +$630 (+30.7%) | $2,513 – $2,777 | 8 |
| 1BR | $1,848 | −$2 (-0.1%) | −$202 (-9.9%) | $1,774 – $1,921 | 2 |
| 2BR | $3,249 | −$228 (-6.6%) | −$4,751 (-59.4%) | $2,695 – $3,805 | 253 |
| 2BR | $2,548 | −$929 (-26.7%) | −$5,452 (-68.2%) | $2,399 – $2,696 | 2 |
| 2BR | $3,669 | +$192 (+5.5%) | −$4,331 (-54.1%) | $3,631 – $3,846 | 7 |
| 3BR | $4,616 | −$884 (-16.1%) | −$730 (-13.7%) | $4,616 – $4,616 | 1 |
| 3BR | $3,795 | −$1,705 (-31.0%) | −$1,551 (-29.0%) | $3,795 – $3,795 | 2 |
| 3BR | $4,775 | −$725 (-13.2%) | −$571 (-10.7%) | $3,895 – $6,761 | 144 |
| 4BR | $5,454 | −$1,196 (-18.0%) | −$2,741 (-33.4%) | $4,838 – $7,750 | 18 |
| 4BR | $5,454 | −$1,196 (-18.0%) | −$2,741 (-33.4%) | $5,006 – $5,454 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — April 2024
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,657 | $1,795 | +$862 (+48.0%) |
| Studio | $1,675 | $1,795 | −$120 (-6.7%) |
| Studio | $1,650 | $1,795 | −$145 (-8.1%) |
| 1BR | $2,250 | $2,095 | +$155 (+7.4%) |
| 1BR | $2,680 | $2,095 | +$585 (+27.9%) |
| 1BR | $1,848 | $2,095 | −$247 (-11.8%) |
| 2BR | $3,249 | $2,833 | +$416 (+14.7%) |
| 2BR | $2,548 | $2,833 | −$285 (-10.1%) |
| 2BR | $3,669 | $2,833 | +$836 (+29.5%) |
| 3BR | $4,616 | $3,950 | +$666 (+16.9%) |
| 3BR | $3,795 | $3,950 | −$155 (-3.9%) |
| 3BR | $4,775 | $3,950 | +$825 (+20.9%) |
| 4BR | $5,454 | $4,999 | +$455 (+9.1%) |
| 4BR | $5,454 | $4,999 | +$455 (+9.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.